Instead of the remote, clinical feel other firms bring to the table,
we at Belgravia make ourselves much more approachable when it comes to any commercial mortgage.
At the same time, we remain fully aware this aspect of business activity needs professional management and appropriate levels of diligence. Nothing can be left to chance.
Belgravia will present you as an attractive concern for any lender, offering a better chance of funding.
We have no ties to specific lenders. All our advice is independent and the cumulative output of years of work and research.
What we can do
We will work with you to ensure you make the very best choices in commercial investment. With years of experience, and a clear track record in all these areas of business,
we can advise on the current financial situation and the potential of any investment you may be considering.
Therefore, our experts are constantly reviewing the market, in order to bring you the latest and most attractive commercial finance options.
What deposit/equity is required for financing?
If the property is owner-occupied – owned by the client, and it’s their place of business, lenders will typically lend up to a maximum of 70 to 75% in terms of loan-to-value. Conversely, if the property will be purchased to provide rental income on a lease, business lenders will generally go up to a maximum of 65% LTV.
What are the rates?
The truth is each deal is assessed on an individual basis. There are no generic rates. As quality brokers we investigate, the accounts of the business and the individual running it. We assess risk based on the specific industry. Once this has been done we match you with the lending institution most favourable to your industry and requirements. Applicants will have an option of variable or fixed interest rates across a maximum term of 25-to-30-years.
The areas we cover for commercial mortgages.
It’s not an extensive list – but these are the business sectors we have most dealings with:
- Hospitality, including pubs and hotels
- Mixed use
Things To Consider
- Location matters and has an impact on the deal
- Stamp duty will be added if you’re purchasing
- You must look at all the fees involved