Commercial Owner Occupier

Lenders can lend up to 75% of the property value, particularly if this is a preferred sector of the bank’s policy.

In certain circumstances lenders may consider lending move or taking additional tangible security. For example, a second charge over the clients private dwelling or a second legal charge over an investment property.

Market leading commercial rates are available for the banks’ favoured sectors. These are sectors that have historically well for banks and are therefore considered low risk. For example a doctor’s surgery, dentist surgery, accountant’s office, pharmacist or solicitors. For sectors considered more volatile the rates will increase. This includes sectors such as: retail, leisure, shops, pubs and restaurants.

• Copies of 6 months of personal and business bank statements
• The last 3 years of accounts and management information
• The last 4 VAT returns
• Details of any other assets and liabilities held by the directors – we can provide a template to assist