Banner Icon

Commercial Mortgage Brokers

Help drive your next property deal through to completion.

Commercial Mortgage Brokers

Taking on a commercial mortgage can seem like a pretty daunting task, but the reality is that much of the complex work is done behind the scenes by others and the advantages can make a lot of financial sense to your business.

Whether you’re looking to reduce your rental costs by purchasing your trading premises, are looking to upsize to a more suitable space or wish to invest in a buy to let, commercial mortgages are a great way to facilitate these processes.

First things first, let’s take a look at exactly what commercial mortgages are and how they can help you to realise your business ambitions.

Contact Us   
Up to 75% loan to value

What Is A Commercial Mortgage?

A commercial mortgage is a long-term loan that’s used to purchase or refinance commercial property or a portfolio of properties. In many ways, it’s similar to a mortgage that you might take out to purchase your home but there are some subtle differences.

Contact Us   

Owner Occupied Mortgages

An owner occupied mortgage, where the business taking out the mortgage will use the property. Whether you need additional storage space in the form of a warehouse, are looking to purchase your rented trading premises or are opening a new site, a commercial mortgage is a great solution.

Commercial Investment Mortgages

A commercial investment mortgage, where the borrower will let the property out to a tenant. If you’re planning on purchasing a property but won’t be using it yourself then a commercial investment mortgage is likely to be the best fit. Think of these as buy-to-let mortgages for the commercial sector where you’ll ultimately be acting as the landlord rather than the tenant/occupier.

Trade Finance

Trade Finance

Funding to pay your suppliers for stock or release cash that’s tied up in stock you already own

Read More   
Invoice Finance

Invoice Finance

Boost your cash flow by releasing the cash that’s tied up in your outstanding invoices

Read More   
Business Loans

Business Loans

Loans can be used for a variety of reasons and the funds can be in your bank account in hours

Read More   
Bridging Finance

Bridging Finance

Fast and flexible property finance that can be arranged in a matter of days

Read More   
Commercial Mortgages

Commercial Mortgages

From purchasing your trading premises to refinancing your investment portfolio, commercial mortgages are used by SMEs and property investors alike

Read More   
Development Finance

Development Finance

Designed for experienced developers, this funding provides the backing to purchase land and build new properties

Read More   

Advantages Of Commercial Mortgages

For a business, taking out a commercial mortgage can mean owning your own premises. This means that you’re no longer at the mercy of your landlord and rather than wasting money on rent, you’re investing in an asset that you will eventually own.

For an investor, a commercial mortgage can provide certainty. Rather than dealing with individuals, you’re dealing with businesses who often sign up to long-term leases providing you with predictable income for the foreseeable future. There’s less red tape and regulation with commercial tenants too, who will often invest in the property themselves to make it fit-for-purpose.

Key features:

  • Used to purchase or refinance property
  • Terms up to 30 years
  • Up to 70% loan-to-value (LTV)
  • Can take 8-12 weeks to arrange
  • Interest only or fully amortising repayment profiles
  • Fixed and variable rates
  • Early repayment charges often feature
  • Owner occupied and investment options
Contact Us   

How does it work?

A lender will advance an amount, typically up to 75% of the value or purchase price of the commercial property. The remaining 25% will come from equity or a cash contribution from you depending on the circumstances.

If you’re a business looking to purchase a property for yourself, you will need to demonstrate to any potential lenders that you’re making enough profit to service the repayments. If you’re an investor, the rental income will need to cover the repayments.

Once the funds have been advanced, it’s pretty hands-off providing that you meet your monthly or quarterly repayments. You will need to keep your lenders updated in regards to your ability to repay the loan by providing regular information such as annual accounts to them.

Commercial mortgages are long-term and you can expect to repay them for up to 30 years. Once you have reached the end of your term, if you have been repaying capital and interest, you will own the property outright. If you have been on an interest-only deal, you will need to refinance the property.

How much does it cost?

The main fees are the arrangement fee, which is a percentage of the loan amount, and the interest rate. Interest rates are shown annually rather than monthly and they are set by the lenders, depending on a several risk based factors.

There are fixed rate and variable rate options when it comes to interest rates. Some lenders also offer interest only periods, whereas others will insist that you repay capital and interest from the start. A good broker will be able to point you in the right direction depending on your needs.

Start your journey with Ping Finance today.

At Ping Finance, we offer professional, well-informed advice in commercial mortgages. To find out how we can help you secure your next loan, please fill out the quick enquiry form by clicking “Let’s Talk” or you can contact us on 0330 058 2330. Our offices are based in Bolton, Greater Manchester.

Lets Talk   

Find the right funding solution
for your business today. Contact Us...

By providing your contact details you are consenting to us sharing such details with trusted providers of finance who may contact you directly, for full details please see our Privacy and Cookie policy

Want to talk to someone?

Ground Floor,
Unit B,
Lostock Office Park,
Lynstock Way,
Lostock, Bolton,
BL6 4SG

Ping Finance is a trading name of Ping Finance Limited which is registered in England and Wales under Company Number is 10973327, whose registered address is Ground Floor, Unit B Lostock Office Park, Lynstock Way, Lostock, Bolton, England, BL6 4SG. Ping Finance Limited is also registered with the Information Commissioner under Registration Number ZA447449.