What is a Commercial Investment Finance?
If you are new to commercial investment finance, here is a quick explanation of what commercial investment finance is and how it works.
A Commercial Investment mortgage is…
…a type of loan used to purchase or refinance a commercial or semi commercial property which is let to tenants. The rates and fees charged are generally slightly higher than those charged where the property is owner-occupied.
They are the commercial counterpart to residential buy-to-let mortgages and work in a very similar way. There are a few main factors used when assessing an application, they revolve around the applicant, the property and the lease.
An applicants credit history, financial position and experience of letting both residential and commercial property is checked and must meet the lenders criteria.
A strong property is one that has a reasonable level of demand for letting or sales (in case a tenant is lost, or the property has to be sold). The surveyor will base their report on these factors and this forms a large part of the decision to lend.
A strong lease is one with a term of at least a few years remaining, to a financially robust tenant. The strength of the tenant is as important as the lease terms, as a tenant who is at risk of financial collapse will not be considered a reliable source of income.
Contact Us
If you have a commercial or specialist finance requirement, you can use our form to submit an enquiry or alternatively get in touch with a member of the team.
Email us at info@ccmortgagesolutions.co.uk Call us on 01293 300664
We are a credit broker not a lender.
CC Mortgage Solutions Ltd is an Appointed Representative of Optimum ELITE which is a trading name of Optimum Commercial Solutions Ltd, registered in England and Wales 09518480. Optimum Commercial Solutions Ltd is authorised and regulated by the Financial Conduct Authority FRN: 808754.
CC Mortgage Solutions Ltd, is registered at Unit 1 Peveril Court, 6-8 London Road, Crawley, West Sussex, RH10 8JE. Company Register number is 15756971. Our FCA registration number is 1016716. You can check via www.register.fca.org. We are registered with the ICO 00016751592 and you can check via www.ico.org.uk. We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority.
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