Commercial Mortgages

  • Commercial mortgages are available for businesses looking to buy non-residential property
  • The table below compares commercial mortgage providers from our panel of business lenders

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THINK Business Loans Commercial Mortgages
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  • Compare commercial mortgage rates and lenders in 3 minutes
  • Interest rates from 1.9% APR
  • 85% LTV (Loan to Value) available
    • THINK Business Loans Commercial Mortgages logo
      Broker

      THINK Business Loans Commercial Mortgages

      • Speak to a commercial mortgage expert
      • Rates from 1.2% APR (over Base)
      • 85% LTV and BTL, HMO and Interest Only options available
      • Minimum Turnover
        No minimum
      • Available Amounts
        From £50,000
      • Available Terms
        5 to 30 years

      Company details

      • THINK's iFunds matching platform matches your businesses eligibility against hundreds of lenders instantly (without a credit check)
      • THINK are the UK's leading SME lending specialists; their experts are on hand to guide you through the process
      • Find the perfect loan in minutes - Make the lender work for you

      Eligibility criteria

      • Must have at least 6 months trading history
      • Trading Business or Investment applications accepted
    • Charleston Financial Commercial Mortgages logo
      Broker

      Charleston Financial Commercial Mortgages

      • Commercial mortgages for investors and business owners
      • Available for full commercial, semi-commercial or residential buildings
      • Up tp 85% LTV - more with additional security
      • Minimum Turnover
        No minimum
      • Available Amounts
        From £50,000
      • Available Terms
        2 to 30 years

      Company details

      • Whole-of-market mortgage broker
      • All application status' accepted and no upfront fees
      • Lending for all property types

      Eligibility criteria

      • All statuses accepted
      • 1 years' minimum trading for owner occupier purchases
      • Limited company or sole trader applicants accepted
    • B2Bfinance.com Commercial Mortgages logo
      Broker

      B2Bfinance.com Commercial Mortgages

      • No broker fee and whole of market access
      • Digital finance brokerage who advise, package and present your case to multiple lenders
      • B2B can assist with Trading Business Mortgages, Property Investment Mortgages, Limited Company Buy to Let and more
      • Minimum Turnover
        No minimum
      • Available Amounts
        £50,000 to £750,000,000
      • Available Terms
        1 to 30 years

      Company details

      • No broker fee
      • Whole-of-market coverage
      • 100% online application process (including digital signatures)
      • Brokers are experienced ex-high street bank staff

      Eligibility criteria

      • Accepted companies:
      • Start up businesses
      • First time investors
      • Trading businesses
      • Overseas Individuals
      • Overseas corporate entities
      • SIPP/SSAS
      • Trusts
    • NatWest Commercial Mortgages logo

      NatWest Commercial Mortgages

      • Borrow from £35,000 upwards
      • Repay the loan over a period of up to 25 years
      • Fixed and variable rates allow you to tailor your repayments to suit your own circumstances
      • Minimum Turnover
        No minimum
      • Available Amounts
        £35,000 to £10,000,000
      • Available Terms
        Up to 25 years

      Company details

      • NatWest provide a range of lending products that could be used alongside the Government's Enterprise Finance Guarantee scheme
      • If traditional bank financing is not appropriate for you, they can help you understand some sources of non-bank finance options
      • Eligibility criteria apply for all funds and schemes

      Eligibility criteria

      • Security may be required
      • Over 18s only
      • Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on a mortgage or other debt secured on it
      • Product fees may apply
      • Subject to status
      • For Business users only

    Suppliers that don't offer commercial mortgages but may offer suitable alternatives:

    • Funding Circle logo

      Funding Circle

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees
      • Minimum Turnover
        £50,000 p.a.
      • Available Amounts
        £5,000 to £1,000,000
      • Available Terms
        6 months to 5 years

      Company details

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees

      Eligibility criteria

      • Take your next step with Funding Circle's fast, affordable business loans
      • Apply in 10 mins, get a decision typically in 24 hours
      • Rates from 1.9% - no early repayment fees
    • iwoca logo

      iwoca

      • No hidden fees or long term commitments
      • Apply online in minutes
      • Approval within 48 hours, in some cases instantly
      • Minimum Turnover
        No minimum
      • Available Amounts
        £1,000 to £150,000
      • Available Terms
        up to 12 months

      Company details

      Eligibility criteria

    • Yorkshire Bank logo

      Yorkshire Bank

      • Quick and easy online business loan application for short and long-term finance options
      • Apply in 10 minutes with an instant response and if approved, funds are sent on the same business day
      • Rates from as low as 4.5% - no charge for early repayment
      • Minimum Turnover
        No minimum
      • Available Amounts
        £10,000 to £150,000
      • Available Terms
        6 months to 5 years

      Company details

      • Quick and easy online business loan application for short and long-term finance options
      • Apply in 10 minutes with an instant response and if approved, funds are sent on the same business day
      • Rates from as low as 4.5% - no charge for early repayment

      Eligibility criteria

      • Lending is subject to status and eligibility
      • Security may be required
    • Ferratum Business logo

      Ferratum Business

      • Free and no obligation application process, competitive rates
      • Complete the application form in 5 minutes, loan disbursed within one day of completed application
      • Decisions based on cash flow, not credit scores
      • Minimum Turnover
        £75,000 p.a.
      • Available Amounts
        £2,000 to £50,000
      • Available Terms
        6 to 18 months

      Company details

      • Free and no obligation application process, competitive rates
      • Complete the application form in 5 minutes, loan disbursed within one day of completed application
      • Decisions based on cash flow, not credit scores

      Eligibility criteria

      • Sole traders, partnerships and limited companies all welcome to apply.
      • Your company must have been trading for 2+ years.
      • Business owners must be UK based.
      • You must have a dedicated business bank account.
      • Business must have a physical presence.
    • Ultimate Finance - The Ultimate Loan logo

      Ultimate Finance - The Ultimate Loan

      • Over £1 billion funded to date
      • 16 years working with UK businesses
      • 9 products to meet your needs
      • Minimum Turnover
        No minimum
      • Available Amounts
        £5,000 to £100,000
      • Available Terms
        Up to 12 months

      Company details

      • Over £1 billion funded to date
      • 16 years working with UK businesses
      • 9 products to meet your needs

      Eligibility criteria

      • Available to limited companies or LLPs with 2 years minimum trading
      • Personal Guarantee required
    • Liberis logo

      Liberis

      • Your business must process credit and debit card transactions to apply for this product
      • Supported by the UK Government-owned British Business Bank Investments
      • The UK's first provider of the Business Cash Advance
      • You must have at least one card terminal (chip and PIN machine)
      • Minimum Turnover
        £2,500+ card transactions per month
      • Available Amounts
        £2,500 to £300,000
      • Available Terms
        4 to 12 months

      Company details

      • The UK's first provider of Business Cash Advance
      • Only paid back when your customers pay you
      • Backed by the UK Government - British Business Bank and Gov.uk

      Eligibility criteria

      • Your business must have been trading for at least 4 months
      • You must have at least one card terminal (chip and PIN machine)
      • You must take at least £2,500 per month in card transactions
    • Capital on Tap logo

      Capital on Tap

      • This is a business MasterCard
      • Credit limits up to £25,000 with no monthly or annual fees
      • 0% Interest on all card purchases, when balance cleared in full each month
      • Minimum Turnover
        £24,000 p.a.
      • Available Amounts
        £1,000 to £25,000
      • Available Terms
        1 month to 2 years

      Company details

      • Capital on Tap specialises in supporting the UK's SME's with business cards.
      • Offering Credit limits up to £25,000 with rates as low as 8.9%.
      • Since 2012, Capital on tap has provided more than 200M to over 30,000 UK businesses.

      Eligibility criteria

      • Limited Companies, Sole Traders, Partnerships and Limited Liability Partnerships all welcome to apply
      • No Outsanding CCJs
      • Minimum 12 months Trading History
    • Fleximize logo

      Fleximize

      • Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
      • Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
      • Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day
      • Minimum Turnover
        £60,000 p.a.
      • Available Amounts
        £5,000 to £500,000
      • Available Terms
        1 month to 4 years

      Company details

      • Industry-leading flexibility - top-ups, repayment holidays, penalty-free early repayment, no set-up fees
      • Interest charged on reducing balance, not total loan amount - repay early and only pay for the time you had the loan
      • Apply online in five minutes, typically get a decision in 24 to 48 hours, receive funds the same day

      Eligibility criteria

    • Esme Business Loans logo

      Esme Business Loans

      • Simple, fast & fair business loans from Esme Loans
      • Hassle-free, paperless application takes just 10 minutes
      • Funds are sent within the hour if approved and you can receive faster payments
      • Minimum Turnover
        £15,000 p.a.
      • Available Amounts
        £10,000 to £150,000
      • Available Terms
        1 to 5 years

      Company details

      • Simple, fast & fair business loans from Esme Loans
      • Hassle-free, paperless application takes just 10 minutes
      • Funds are sent within the hour if approved and you can receive faster payments

      Eligibility criteria

      • Limited Companies Only. Applicants must be a Director of the Business, over 18 and be able to provide a personal guarantee.
      • Must be actively trading for at least 18 months with a current turnover of at least £15,000.
    • Nucleus logo

      Nucleus

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee
      • Minimum Turnover
        No minimum
      • Available Amounts
        £5,000 to £20,000,000
      • Available Terms
        3 months to 8 years

      Company details

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee

      Eligibility criteria

      • Fast service - receive your funding in 24 hrs
      • Human approach - Nucleus's in-house experts will guide you through the process
      • No early repayment fee
    • 365 Business Finance logo

      365 Business Finance

      • Your business must process credit and debit card transactions to apply for this product
      • A flexible business funding alternative
      • Cash advanced against card transactions
      • Pay back an affordable % of your card transactions
      • Minimum Turnover
        £5,000+ card transactions per month
      • Available Amounts
        £5,000 to £200,000
      • Available Terms
        4 to 18 months

      Company details

      • Get between £5,000 and £200,000
      • Pay back through your customer card transactions
      • A single all inclusive charge that never changes
      • No interest, APRs or hidden extras

      Eligibility criteria

      • Your business must have been trading for at least 6 months
      • Your business must accept debit and credit card payments
      • Your business must take at least £5,000 per month in card transactions.
    • Spotcap logo

      Spotcap

      • Fully unsecured business loan - no personal guarantees needed
      • Apply online in 15 mins, decision in one working day - funds available immediately
      • Early repayments are free
      • Minimum Turnover
        £250,000 p.a.
      • Available Amounts
        £10,000 to £250,000
      • Available Terms
        1 to 15 months

      Company details

      Eligibility criteria

    • The Start Up Loans Company logo

      The Start Up Loans Company

      • Interest rate of fixed 6% per annum
      • Receive business mentoring and support after drawing down your loan
      • No application fees or early repayment fees
      • Minimum Turnover
        No minimum
      • Available Amounts
        £500 to £25,000
      • Available Terms
        1 to 5 years

      Company details

      • Start Up Loans is a Not-For-Profit Company offering a finance and mentoring solution to start and grow a business
      • Start Up Loans have helped over 40,000 businesses get started in the UK
      • Free application support
      • Free post-loan business mentoring

      Eligibility criteria

      • Business is based in the UK
      • Trading for under 24 months
      • 18 years and over
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Commercial Mortgages FAQ

If you want financing to help you purchase a non-residential property for your business then you'll probably need a commerticla mortgage. If you need more information on commercial mortgages, our brief selection of frequently asked questions below is a good place to start.

What is a commercial mortgage?

A commercial mortgage is a loan that is secured on a non-residential property. This kind of business loan can be used to fund a huge variety of different buildings and properties, so each loan must be individually assessed and the interest rates you access will depend on the level of risk your purchase represents.

As with residential mortgages, your lender will often take the property that you are buying as the only security required for the loan, and a cash deposit will be required. In some cases, if you have no cash, you may be able to offer the lender additional security in the form of another property that you have considerable equity in.

How long can I get a commercial mortgage for?

Commercial mortgages offer terms that range from three to 25 years. If you're looking for a shorter-term financing solution, a bridging loan might be more appropriate; these offer finance for anywhere from a few weeks to 24 months.

Do all commercial mortgages have variable rates?

No, but most will. Typically, your rate will be quoted as a percentage over LIBOR, which is what would be called a tracker mortgage in residential purchasing terms. Although fixed-rate mortgages are available they can sometimes come with higher interest rates, and can sometimes only be accessed on properties worth less than £500,000.

Will I need to pay arrangement fees?

Although arrangement fees are usually added to the overall cost of the commercial mortgage loan, some lenders will want money to cover the work they do if you do not accept the offer given. In these circumstances, you may be charged a commitment fee which is payable with your application, and is non-refundable. Most arrangement fees are then lumped into the loan itself and usually come in at about 1-2% of the total loan amount.

How much can I borrow?

For an owner-occupied property, you may be able to receive a 70-75% mortgage. This would be the case if you were renting office premises for your own company to operate out of, for example. However, if you are purchasing a property as an investment, then the amount you will be permitted to borrow will be determined by the rental income that can be generated from the investment. However, it is unlikely that you will be able to access more than 65% of the purchase price of an investment property

What will I need to pay for valuation?

Because commercial properties are typically more expensive and subject to more price variability than their residential counterparts, a value expert will need to write a long-form report about the property to submit to the lender. Commercial valuations can start at around £500 for a simple case, but these prices can vary drastically as they are often based on bespoke quotations.

Why can't I find a definite commercial mortgage rate?

The rates that are typically charged for commercial mortgages are not pre-determined like most residential mortgages. In each case, when applications are processed for commercial mortgages, the lending manager must carefully evaluate and assess the unique level of risk represented in agreeing to the proposed loan.

Lending managers have to consider a multitude of factors to evaluate the riskiness of the loan, and large loans with low risk levels will receive the best interest rates.

Will I need to pay legal fees?

With commercial mortgages, borrowers are required to pay both their own legal fees, and the legal fees of the lender. Because of the variety of property available in the Commercial market, your legal fees will vary depending on the complexity of the work involved.

Can I use a commercial mortgage broker?

Some businesses may choose to use a specialist commercial broker who can give them access to the contacts that are required to get the best deal. Your broker will be responsible for presenting your case to lenders so you need to provide all the information required when filling out forms and making declarations.

Although many companies consider commercial mortgage brokers to be a worthwhile investment, it's worth noting that they will charge you for finding the right mortgage, and you should expect to pay a fee that is anywhere up to 1% of the loan value.

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