Comercial Mortgages
A Commercial Mortgage is a loan secured against a Commercial Property. We are able to arrange funding for the purchase, development, or refinance of all kinds of commercial property.
How much can you borrow?
In general terms most lenders will offer finance up to 80% of the property value.
Rates
Different lenders have different products but in general rates are normally linked to the Bank of England Base Rate or LIBOR (London Interbank Offered Rate).
The rate applicable is closely aligned to the loan to value (LTV) of the property you are financing.
Credit History
We have products available for people with all types of credit history, including those with CCJs, mortgage arrears, and IVA and bankruptcy (providing you have been discharged).
We can also offer a self-certification of income facility if you do not have up to date accounts and business plans.
Repayment Types
Our minimum repayment term is 10 years with our maximum being 30 years.
We can arrange your new mortgage on a Capital and Interest basis or we can offer an Interest Only repayment for 3 years followed by Capital and Interest repayments for the remainder of the term (subject to conditions).
The Financial Services Authority does not regulate most commercial mortgages.
There will be a fee for mortgage advice of £500.
YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
Lets Get Moving is a subsiduary of Rayan Financial Services Ltd.
Rayan Financial Services Ltd is an appointed representative of Personal Touch Financial Services Ltd which is authorised and regulated by the Financial Services Authority.
Rayan Financial Services Ltd is entered on the Financial Services Authority register under FSA reference: 498670 - www.fsa.gov.uk
Registered Office: 80 Whitton Dene, Hounslow, Middx, TW3 2JT Registered in England and Wales Companies House number 05052169
The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK.
Some of the above products and/or services are not or may not be regulated by the Financial Services Authority.
