Commercial Mortgage Criteria and Interest Rates for UK Businesses with either a good credit record or with credit problems.
The lenders criteria for advancing a loan and the respective rates vary considerably from case to case, however, as a general guide we would expect to obtain the following:
Good Status Client |
Non-Status Client | |
|---|---|---|
| Min. Loan Size | £50,000 | £50,000 |
| Max. Loan Size | unlimited | £2 million |
| Term | up to 25 yrs | up to 30 yrs |
| Loan to Value | up to 85% | up to 55% |
| Margin over base rate | 1% - 2% | 2.5% - 5% |
| Bank arrangement fee | 0.5% - 1% | 1.5% |
Use our Online Enquiry Form on the right hand side of this page or Contact Us on 0800 0735353 and let our professional team find you a competitive UK Commercial Remortgage.
