Ourloan have access to all the major mortgage lenders.
Do you want to purchase land, acquiring an office or a warehouse? Is it for your own occupation or for investment purposes?
Our Finance Brokers can source and structure a loan to suit you.
What is Commercial Property?
A commercial property loan is a mortgage where the property that is used as security is anything other than a residential property.
Any building or piece of land used for business is considered a commercial property. There are three types:
Shopping centres, supermarkets, retail warehouses, high street shops, car showrooms, pubs and restaurants.
Property built primarily for office use including facilities such as car parking, amenities and other essential services.
Industrial units, factories, warehouses and agricultural property.
What can Commercial Property finance be used for?
A commercial property loan can be used to develop, build, or purchase property that is intended to generate a profit.
This can be through capital gains, rental income, or via investment.
Commercial Property Development Finance
Ourloan can also assist to assure your property development finance. This type of finance generally operates as an interest-only, draw-down facility to finance your development as required.
Often the interest on a development loan is capitalized during the development period. The entire loan inclusive of interest charged is repaid upon the sale of the development and or the refinance of any residual debt.
The borrowing capacity you can achieve for development finance varies depending on the development lending criteria you are required to meet. This will vary from lender to lender and is also dependent on the proposal.