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Tag: business premises loan

Commercial Mortgages for Freehold Properties

Understanding Freehold Commercial Mortgages A freehold commercial mortgage is a loan secured against a property that is owned outright by the borrower, as opposed to a leasehold property where ownership is temporary. This type of financing is specifically designed for business owners looking to purchase or refinance commercial real estate, such as offices, warehouses, or […]

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The advice we give is not FCA regulated. Broker fees: All applications have a non-refundable booking fee of £599. Buy to let mortgages have a completion fee of up to £1,999 for loans under £500,000 or 1% of the loan amount for loans over £500,000. Bridging and Commercial mortgages have a completion fee of either £3,499 for loans under £350,000 or 1% of the loan for loans over £350,000. Booking fees are payable on submission. Completion fees are payable after the mortgage completes, or if you opt not to proceed with a mortgage offer that you previously accepted.

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