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Commercial Mortgage for Professional Practice

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General Lending Guidelines for Professional Practice Mortgages

Mortgages are available for property purchase, or restructuring existing finance. Loans will be secured on the freehold or leasehold property and can include the ‘going concern’. Up to 80% MV1 is possible in some circumstances. Sector experience is required in all cases. Loans can be repayment up to 30 years, or interest only.

Mortgage Terms up to 30 Years
Up to 80% Loan To Value (or Purchase price)
Interest only and repayment


Commercial Mortgage Quotes


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Summary of Application Process

We will listen to your requirements and ask questions about your circumstances to fully understand what is required. Informal negotiations will initially be entered into with potential lenders to gain a verbal consensus to lend. Indicative terms will then be quoted for your consideration.

Fill out our enquiry form online or call us on 0117 2232050
Receive indicative lending terms
Complete a mortgage application
Provide supporting documentation
Supply ID and proof of address for each applicant
Property Valuation
We liase with the lender on any follow up clarifications
Offer of mortgage received
Legal process
Completion

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Summary of Details Required

What does the purchase price or value include?
Address of the property
Trading accounts for last 3 years
Tenure of the property: Leasehold or Freehold
Professional CV

Types of Practices Accepted

GP Surgeries
Private medical practices
Dental Practice
Veterinary Surgeries
Childcare Nurseries
Private Health Clinics
Optician Clinics
Private Schools
Solicitors & Accountant practices