Commercial mortgage
We offer diverse commercial mortgage solutions, including 100% funding for property development projects, catering to various property investment needs.
Clever Mortgages is now part of Oak Mortgages Limited.
Don’t worry, you’ll still be looked after by the same friendly, experienced team you know and trust. We’re here to guide you every step of the way on your mortgage journey.
👉 Discover more about us at www.oakmortgages.co.uk or see what our happy clients are saying on Google Reviews.
See if you pre-qualify for a mortgage
Commercial mortgage for commercial properties, property investment businesses and property developers
We have access to a wide range of solutions for commercial mortgage and can help you secure a mortgage even if you have specific or niche requirements.
Lenders we work with can provide finance for the following:
- Trading businesses (leisure, retail and industrial)
- Semi-commercial (such as a shop with a flat above)
- Mixed portfolio
- Standard commercial property
- Single residential property
- Multiple units on one title
- HMO/student lets – investment valuation/brick and mortar valuation
- Portfolio finance
- Blocks of flats/student apartment blocks
- Property development projects – any number of units
- Land acquisition
- Construction finance
Is it possible to obtain 100% funding for a property development project?
We could help developers do just that by:
- Trading businesses (leisure, retail and industrial)
- Semi-commercial (such as a shop with a flat above)
- Mixed portfolio
- Standard commercial property
- Single residential property
- Multiple units on one title
- HMO/student lets – investment valuation/brick and mortar valuation
- Portfolio finance
- Blocks of flats/student apartment blocks
- Property development projects – any number of units
- Land acquisition
- Construction finance
A potential scenario of how a commercial mortgage could help
If a customer had secured a one-year option on a greenfield site to give him time to obtain planning permission for a residential site with several properties, it could be a difficult and time-consuming planning application.
There might also be company cash tied-up in several other land acquisitions, and so it might not be possible to proceed with the land purchase and construction. Planning might be granted but the option period could be very tight.
Also, if the land value increased once planning was approved, there could be a risk the vendors try to squeeze more money from the sale, or even sell to someone else. In this kind of scenario working fast would be paramount.
In this scenario we could help the customer create a business plan and detailed financial appraisals. We would then approach our specialist commercial and development lender panel to source the best solution. The excellent relationships we enjoy with underwriters mean we could also look to secure an ‘in principle’ offer for the funding within days.
Assuming the land acquisition costs were also released immediately – this could ensure the land is bought within a deadline. We could then work with the lender’s quantity surveyors and underwriters to agree a schedule for the costs to allow construction to start.
Mortgage application process
4 simple steps for applying for a mortgage. See more about the mortgage application process here
Complete our
pre-qualify form
Let us know a few details about the mortgage you require
A mortgage specialist will call
One of our brokers will call and get a few more details of your requirements
We search for your perfect mortgage
We will search the market for the best rates for your circumstances
A Decision in Principle is made
We will secure a DIP with a lender, if you approve we move forward with a full application.
Whatever your mortgage goal, there will be something for you
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We specialise in helping people find a mortgage and remortgage.
We require your details only once and we’ll know the best lenders for your circumstance and give you the best rates.
What should I do next?
There are many ways to contact us
Enquire online – our simple online form takes just a few minutes.
Give us a Call – our qualified advisers will assess what you are looking and do all the hard work for you searching the market – 0330 232 0285.
Ask for a callback – havent got time now? Ask us to call you back and a time / day convenient to yourself. Call me back.
LiveChat – message us here and tell us what you are looking for our agents are on hand to help.
Below are some of the lenders we work with
Clever Mortgages is now part of Oak Mortgages Limited.
Don’t worry, you’ll still be looked after by the same friendly, experienced team you know and trust. We’re here to guide you every step of the way on your mortgage journey.
👉 Discover more about us at www.oakmortgages.co.uk or see what our happy clients are saying on Google Reviews.
