Our commercial mortgage specialists have extensive practical experience across a range of businesses. Our role is to provide you with information, to simplify the mortgage process and to provide competitive finance for your proposal.

Property types

1. Retail property
2. Office development
3. Residential investment
4. Industrial units – well established business
5. Licensed premises
6. Nursing homes
7. Hotel, B&B’s
8. Pharmacies
9. Professional offices – Doctors, Solicitors, Dentist

Information required for completed proposal

Commercial mortgage checklist

Well presented and researched proposals lead to faster decisions. Set out below is the information normally required to process an application. 

Applicant Details

1. Applicants name
2. Contact person
3. Phone number
4. Email address
5. Fax number

Whether mortgage is in company name or promoters name

1. Business name
2. Ltd company name
3. Ltd company registration number

Property to be mortgaged

1. Location address
2. Description
3. Age size
4. Area grounds
5. Existing use
6. Proposed use
7. Planning
8. Additional spend if any
9. Potential for further development/ income
10. Sales of similar premises in area
11. Alternatives to proposed venture
12. Purchase price
13. Additional costs  stamp duty fees out etc
14. Deposit required
15. Source of deposit with support
16. Mortgage amount
17. Mortgage type annuity or pension
18. Mortgage term

Business details

1. How long trading
2. Describe business and main products and markets
3. Describe prospects
4. Competition details
5. Staff numbers
6. Roles of promoter in business
7. Financial Accounts ( as up to date as possible)
8. 6 months Bank Statements
9. Management accounts monthly /quarterly
10. Budget details
11. Repayment capacity repayments as a percentage of cash flow
12. Tax position
13. Monthly cash flow
14. Company brochures
15. Bank name and address
16. Accountants name and address and contact person
17. Taxation advisors if different from above
18. Solicitor name and address

Promoters

1. Name
2. Address
3. Age
4. Marital status
5. Children
6. Employment history
7. Current Employment
8. Current income from all sources
9. Statement of affairs for each  i.e. Assets less liabilities supported as appropriate in detail
10. Bank name and address
11. Credit history  i.e. any problems in past ten years  describe if necessary.