Commercial Mortgage Loan

Where can I go to get a commercial mortgage loan?

It’s a straight forward service:

If you want a commercial mortgage loan, make your first port of call the independent commercial finance brokers at Worldwide.

Initial consultations are free of charge and obligation.

Your dedicated broker will discuss your needs and circumstances with you in detail and then search the marketplace to find a suitable solution for you.

Our independence gives our brokers unparalleled access to every single lender and product in the market. Your broker will research to find you the very best deal.

When you are happy with the solution, your broker will gain an agreement in principle from the provider and then help you through the entire process of applying for and securing your commercial mortgage loan, all the way through to completion.

Our Fee Guarantee: You won’t pay any fees unless we can help you.

Call your FT award winning independent commercial broker in confidence now on 0800 0112825 or complete the contact form and your dedicated adviser will contact you.

What will lenders take as security with a commercial mortgage loan?

The usual security that lenders will take with a commercial mortgage loan is commercial property. In some cases, lenders may consider other assets, such as residential property or land.

Your independent commercial broker will advise you about suitable security for your individual case.

What kind of interest rates and repayment terms will I have with a commercial mortgage loan?

This will depend on the kind of commercial mortgage loan you apply for and your individual circumstances. Interest rates and repayment terms vary between products and providers.

You may, for example, be able to arrange a period of interest only payments on your commercial mortgage loan. You might also wish to arrange a fixed rate period.

Depending on the size of the loan, the lender may suggest a hedging product to protect against interest rate movements as an alternative to fixing an interest rate for a period.

Your broker will guide you through these decisions so you are fully informed when you make your choice.

Commercial mortgage loans can be short term or long term; for example, a bridging loan may be for only a few months, while a business mortgage may be for a period of between 5 and 30 years.

Your age may also have a bearing on the length of repayment term for your commercial mortgage loan – the older you are, the shorter the term you may be able to arrange.

Some repayment terms will vary depending on the industry you are in; for example, commercial mortgage loans for a hotel will, in most cases, not be any longer than twenty five years. In certain circumstances you may be able to arrange a commercial mortgage loan for a hotel with a longer repayment term.

Your independent commercial broker at Worldwide will be able to advise you and negotiate with your lender to get you the best possible interest rates and repayment terms.

If you have any more questions about a commercial mortgage loan for your business, our independent commercial brokers will be happy to help you.

Remember: You won’t pay any fees unless we can help you.

Call your FT award winning independent commercial adviser in confidence now on 0800 0112825 or complete the contact form and your dedicated adviser will contact you to see how we can help you.