Borrowing Against Commercial Property
A borrower can typically have a loan of up to 75% of the value of the commercial property / security. Although UK Property Finance can potentially raise more depending on the applicant and the strength of the case as a whole.
Interest Only – as the term suggests payments simply cover the amount of interest generated by the loan each month. This means the borrower will need to have a clear plan of how they will repay the loan at the end of its term, such as selling the property.
Repayment basis – payments include interest on the loan and an amount of the loan each month. This means that as the loan decreases so does the interest that the borrower pays on the loan. This results in the whole loan being repaid at the end of the month.
UK Property Finance work closely with our clients and lending partners to get the best deal available. We pride ourselves on listening to our customer’s needs and matching them to our lenders criteria helping drive through their business lending plan.
UK Property Finance are a “whole of market” directly FCA Authorised and Regulated Master Finance Broker. Our whole market broker status enables us to source funds from any lender and offer the very best commercial rates.