Commercial Mortgages

Commercial mortgages are arranged for the purpose of purchasing or re-mortgaging property that is primarily for commercial or business use and can be arranged for as a form of investment (commercial buy to let) or for a business to trade from.

There are two types of commercial mortgage: an owner occupier mortgage for trading premises and a commercial investment mortgage for those looking to invest in commercial property. We can help you look at both.

We aim to find a suitable commercial mortgage for both investors and business owner-occupiers, based on your needs, circumstances and preferences. So, talk to us today and let us help you.

There are two types of commercial mortgage: an owner occupier mortgage for trading premises and a commercial investment mortgage for those looking to invest in commercial property. We can help you with both.

When it comes to a commercial mortgage there are no set rates, and this means that every application is assessed on the specific unique risk factors of the property concerned. This means that the entire process of acquiring a commercial mortgage is unique and we will assist by guiding you through the very specific requirements of each application.

We aim to find a suitable commercial mortgage for both investors and business owner-occupiers, based on your needs, circumstances and preferences. So, talk to us today and let us help you.

Owner Occupied Commercial Mortgage

An Owner-Occupied business mortgage is where an applicant is looking to purchase a property to run their business from.

Owner-Occupied Commercial Mortgages are looked at more favourably than investment mortgages because the lenders feel there is less risk with this type of mortgage. The lenders will generally look to offer a standard loan to the value of approximately 70-75% LTV (Loan-To-Value) on an owner-occupied commercial mortgage.

An advantage of owner-occupied commercial mortgages is that the rates that lenders charge are often considerably lower than other commercial mortgages and the terms of the commercial mortgages can be longer if required. Interest rates can be fixed or variable.

With so many variables coming into play, it is always advisable to get professional guidance from Windom Finance with your next purchase.

Benefits of owner-occupied commercial mortgages

An owner-occupied commercial mortgage will put you in control, putting an end to unwanted charges or price hikes from a landlord, especially if you have a fixed rate mortgage.

The general trend of property values is to increase, although of course there is no guarantee.

Interest repayments on an owner-occupied commercial mortgage may be tax deductible.

Understanding the differences between the different types of commercial mortgages available is essential to ensure that you are getting the right product for your circumstances. At Windom Finance we aim to find the right product, from the right provider, to fulfil your individual demands and needs.