COMMERCIAL MORTGAGES
We understand that every business transaction is individual and that every business has different financial needs. We are able to mix and match various financing options to help you achieve your goals. We can arrange finance for :-
- Retail Units
- Care Homes
- Pubs and Restaurants
- Development
- Hotels, Guest House and B&Bs
- Industrial Units, Factories, Offices, Warehouse
- Retail Units with Living Accomodation above
- Catteries and Kennels located within the grounds of a house
- Houses of Multiple Occupancy ....
- Etc, etc!!
We know that sometimes a quick "no" is as important as a quick "yes" and our service reflects that.
We are Full Members of the National Association of Commercial Finance Brokers - an organisation set up to promote excellence in this field. Before being accepted, we were required to demonstrate our expertise and high service levels, and must adhere to strict industry Code of Practice.
Once you have your investment and business you will need clear advice on the most appropriate insurances to protect them - and we can also help you in this area.
You can confidently place your finance requirements in our hands and continue what you do best - running your business.
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Your property may be repossessed if you do not keep up repayments on your mortgage.
For Residential and Buy to Let mortgages we charge a fee of £695 for advising on and arranging your mortgage. This fee is payable in 2 stages: £195 non refundable application fee with the balance due on production of an offer and payable on completion of the mortgage or 60 days after the date of the offer (whichever is sooner). The lender may also pay us commission.
Alternatively we can work on a pure fee basis of 1% of the loan amount for our services and we will refund to you any commission we receive from the lender, subject to a minimum fee of £1500. For example, if your mortgage were for £100,000 the fee would be £1500 and you would receive back any commission we receive from the lender which is usually in the region of 0.30%. This fee is payable on in 2 stages: £195 on application with the balance payable on completion of the mortgage or 60 days after the date of the offer (whichever is sooner).
For Commercial Mortgages we usually charge a fee of 1.5% of the loan amount. The fee is negotiable and is subject to the loan amount and the complexity of the proposition. If we receive a commission from the lender we will let you know the exact amount, and may refund an element of this to you.
Would you like to know more? . . . .
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©2005 Debbie J Boyes - Professional Mortgage
Advisors 2005©
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