Commercial Mortgage Criteria
Commercial Mortgages through Shawbrook Bank are available as follows:
- Applicants – Sole Trader, Individuals, Partnerships and UK Limited Companies
- Loan Size – Minimum £75,000 up to a Maximum of £2,500,000.
- Purpose – Purchase of property, transfer of equity, refinance or capital raising
- Security –
- First Legal charge over acceptable Freehold or Long Leasehold (Minimum 55 years remaining at term expiry)
- Personal guarantees of directors with more than 20% shareholding
- Keyman life/critical illness may be required
- Additional security acceptable
The property put forward as security must be in either England, Scotland or Wales.
Acceptable Security
- Offices
- Modern Industrial/warehouse units
- Modern factory units
- Retail units with or without living accommodation
- Repair garages
- Investment Properties
- Hotels, guesthouses, bed and breakfast with more than 6 letting rooms or with a restaurant/bar
- Public House
- Purpose built restaurant or restaurant units with letting rooms
Take a fresh look at your commercial mortgage needs.
As a chosen business partner of Shawbrook Bank call us today to chat through your requirements on
08444 144391. Alternatively complete the Enquiry Form on the right hand side of this page and one of our Consultants will call you to discuss your needs and provide you with a no obligation illustration.
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© 2012 : CommercialPropertyFunding.co.uk is owned and run by Sterling Capital Reserve Ltd Sterling Capital Reserve Ltd
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ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.
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