Commercial Mortgages

If you’re looking to buy property for your business to occupy, or to build your investment property portfolio, a commercial mortgage could help.

Office bulding illustration

How could a commercial mortgage support me?

A commercial mortgage could help you spread the cost of moving to new business premises or expanding to multiple locations. It can also help you buy rental properties to build or expand your buy-to-let portfolio.

As a loan secured against company property, it could be more cost-effective than a business loan*. 

You can also remortgage a commercial property with us to release cash for your business or save money on an existing loan.

Buy-to-Let Limited Company Mortgage

If you’re a Limited Company who solely buys, sells or lets property, we could support you with buying or remortgaging your residential or commercial properties.

  • Mortgage terms up to 25 years
  • Up to 70% Loan to Value (LTV) ratio 
  • Fixed and variable interest rate options

Key features and benefits

  • Apply for a minimum of £25,001 and choose a term loan from 3 to 25 years.
  • Borrow up to 70% of the property value.
  • Choose between fixed or variable interest rates to suit your business needs. 
  • Capital repayment holidays may be available.
  • If you want to borrow on other terms, we may still be able to help you. 

Keep in mind

  • Security will be required.
  • Your business will be charged an arrangement fee, and may be charged security and valuation fees.
  • For interest only mortgages, the actual amount borrowed doesn’t reduce during the life of the mortgage. You’ll need to repay the full capital amount at the end of the mortgage term.
  • If you repay part, or all, of your fixed rate mortgage before the end of the agreed term then you may need to pay an early repayment fee. This could be substantial. This fee does not apply to bank rate linked loans.
  • We’ll require a first legal charge over the property as security. This means if you’re re-mortgaging an existing property, you must repay any loan secured on it before completion. 

Eligibility

To be eligible, you must:

  • Need the mortgage for business use.
  • Be a sole trader, partner or director with authority to borrow on behalf of your business.
  • Be aged 18 or over.

Before you get in touch

Make sure you know:

  • How much you would like to borrow.
  • Why you need the new premises.
  • What time period you would like to make the repayments over. 

How to enquire

To speak to a specialist, call 0345 300 0268 or speak to your Relationship Manager

Lending appeals

The right type of funding can play a vital role in helping your business reach its potential. If your lending application is declined, we will work with the British Bankers’ Association to pursue any raised appeals. 

Lending Appeals logo

Helpful guides

ANY PROPERTY GIVEN AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR OTHER DEBTS SECURED ON IT.

All lending is subject to a satisfactory credit assessment and we will need your permission to carry out a credit check on you and your business. 

You should not apply for an amount that you cannot comfortably afford to repay now and in the future to avoid the possibility of legal action. 

All lending is subject to status. Security may be required.

There is always a possibility that interest rates may go down leaving a fixed rate loan at a higher level compared to a variable rate loan. However, if interest rates rise, a fixed rate loan will remain at the same rate.

*Arrangement fees, security fees and valuation fees may apply when you take a commercial mortgage, so you’ll need to take these into consideration when comparing it against a business loan.