Commercial mortgages

Commercial mortgages built around you

Whether you need to buy a new building or release equity from your existing one, a commercial mortgage could be the answer¹.

Key features and benefits

A commercial mortgage that gives you greater flexibility. Choose a variable or fixed-rate loan. Fixed interest rates available from 1to 10 years.

Option to take an interest-only period of up to 12 months.

Choose any repayment period from 1to 25 years.

Choose how to use your mortgage, from buying premises to releasing capital.

Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage.

To find out whether you're eligible for a commercial mortgage, you'll need to provide the following.

Three full years' audited or certified accounts plus current management figures (if produced)
Two months' bank statements
Assets and liabilities statement
Last three months' payslips and latest P60 (employees only)

Apply for a business mortgage of for amounts over £25,000
Fixed rate terms from 1 to 10 years
Prepayment fees may apply if you repay all or part of your loan before the expiry of the agreed term
Lending fees and associated borrowing costs apply and can be added to the loan
For fixed rate loans, if you decide to pay or cancel the fixed interest rate you may have to pay breakage cost in addition to other fees such as prepayment fees
Option to use Enact, our chosen provider for fixed price conveyancing