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Tag: commercial loan interest

Commercial Mortgage Rates: What Businesses Can Expect

Graph showing fluctuating commercial mortgage rates with a business skyline in the background.

Understanding Commercial Mortgage Rates in the UK Commercial mortgage rates refer to the interest rates charged on loans taken out to purchase commercial properties, such as office buildings, retail spaces, and industrial facilities. Unlike residential mortgages, which are primarily designed for individual homebuyers, commercial mortgages are tailored for businesses seeking to acquire or refinance property […]

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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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