85% Self Cert Commercial Mortgage

Whilst Commercial Mortgages are very competitively priced it is not price that drives this market. Landlord Mortgages can arrange Commercial Mortgages under 1% over Bank of England Base Rate but such mortgages are few and far between. There are several key offerings that together create the Best Commercial Mortgages.

Key Offerings:-

85% Loan To Value (Lend up to 85% of the Purchase Price or in some cases open market value)

True self-certification of income up to the 85% Loan To Value limit

Very fast service where the deal only takes 24 hours to be fully underwritten and credit scored.

Commercial Remortgages can be closed within 14 days:-

How does the Fast Track Commercial Remortgage work?

1 You complete a conditional offer request

2 Within 24 hours our Commercial lender sends you a conditional offer which is fully underwritten and credit checked

3 If you are happy with the offer, you return a completed application form, valuation approval form and valuation fees

4 We instruct valuation and solicitors straight away

5 You satisfy any conditions prior to mortgage offer

6 We check the valuation report. If the report is ok then we will submit the Commercial Mortgage case for a formal offer. Legal documents are normally released within 24 hours.

7 On receipt of the completed signed offer, legal documents and satisfied stipulations the Commercial lender emails their Solicitors.

8 Once the Commercial Lender’s Solicitors have checked the Commercial Mortgage case, they draw up the Report On Title. This process normally happens on the same day with completion occurring the day after.

Types of Commercial Property accepted to 85% Loan To Value on Self Cert Commercial Mortgages:-

Semi Commercial such as part residential/part commercial property
Offices
Retail Shops
Warehouses
Take Away
Bed and Breakfast
Pubs and Restaurants that are part residential/part commercial property
Equestrian Centres that are part residential/part commercial property