Commercial Mortgages

Commercial mortgages can be arranged for a variety of different properties with borrowing applicable for purchase and re-mortgaging. We are able to accept applications from individuals, limited companies and SPV's.

More About Commercial Mortgages

We access all mainstream lenders

With access to all of the mainstream lenders as well as the specialist lenders, Prospero Finance is well placed to work for you to source the best commercial mortgage for your individual circumstances.

  • check_box No upfront costs

    We'll never ask you for any costs upfront in order to get you a decision in principle. Depending upon the project, we may need to charge a broker fee on completion, although we endeavour not to.

  • check_box Same day agreement in principle

    Get an agreement in principle the same day as your apply for your commercial mortgage

  • check_box Whole of market access

    We can search the entire market, meaning you get the most appropriate deal for your circumstances

  • check_box Market leading rates

    Because we can access the entire market, you'll get the best possible rates

  • check_boxTrading business or investment applications accepted

    We accept both business trading and investment applications

  • check_box 100% LTV available with additional security

    We offer commercial mortgages up to 100% of the property price

  • check_box Interest only available

    We can choose from a wide range of interest only commercial mortgages to keep costs down.

  • check_box No maximum loan

    There is no max to the mortgage loans we can source for you.

Commercial Mortgages Explained

    • What is a Commercial Mortgage
    • Loan to Value (LTV) Ratio's
    • Interest Rates
    • Examples
      • What is a Commercial Mortgage

        Commercial mortgages are arranged for the purpose of purchasing or re-mortgaging property that is primarily for commercial or business use and can be arranged for business to trade from, or alternatively as a form of investment (commercial buy to let)

        Mortgages are provided by banks and other specialist financial institutes. Commercial mortgages are considered a complex type of lending requiring a higher level of expertise to successfully arrange.

      • Commercial Loan to Value (LTV) Ratio's

        The current typical LTV for a high street bank offering commercial mortgages is 65-70%, however there are higher LTV options available through Prospero Finance via specialist banks up to 75% on a standalone basis, or 100% with additional security if available.

      • Commercial Interest Rates

        High Street banks are able to provide us with rates above the bank of England base rate, but the interest rates for commercial mortgages vary according to a number of factors including but not limited to:

        • check_circle LTV
        • check_circle Property Type
        • check_circle Repayment Terms
        • check_circle Loan Size
        • check_circle Mortgage Type
        • check_circle Credit Scoring
        • check_circle Income Cover
      • Commercial property examples:

        Commercial mortgages are available for a wide variety of land and property types. Here we have listed some of the more recent property types we have secured competitive rates for.

        • check_circle HMO (houses in multiple occupancy)
        • check_circle Specialist buy to lets for flats under one freehold title
        • check_circle Owner occupation commercial mortgages
        • check_circle Investment purposes
        • check_circle Residential portfolios and Individual buy to let
        • check_circle Development Land
        • check_circle Industrial units
        • check_circle Restaurants and cafes
        • check_circle Offices and office complexes
        • check_circle Convenience stores
        • check_circle Retail outlets
        • check_circle Factories and warehouses
        • check_circle Nursing and care homes

We can't thank the team at Prospero Finance enough for helping us re-mortgage and consolidate our credit card and loan debts. They saved us time and reduced our monthly mortgage payments by hundreds (we were on a bad rate). Thanks again!

Mr & Mrs Andrews,
Haresfield, Gloucestershire

Prospero Finance are an appointed representative of Executive Wealth Management Ltd who are Authorised and Regulated by the Financial Conduct Authority. Financial Services Register Number 534018