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Tamworth: 01827 230 760
Birmingham: 0121 448 0161
enquiries@sjfinancialsolutions.co.uk
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Commercial Mortgages

Commercial mortgages play a vital role in financing property for business. Unlike residential mortgages, which are designed for individual homeowners, commercial mortgages are tailored for businesses looking to purchase properties for their operations or investment purposes. 

 

We don't offer these ourselves, however, we are able to easily refer you to a third party who can assist.

Types of Commercial Mortgages

Commercial mortgages come in various forms to cater to different business needs. We work with a team of experts in the world of commercial mortgages, and they can talk you through the various options.

Requirements for Obtaining a Commercial Mortgage

Securing a commercial mortgage can be a complicated process, are you buying the property to move your existing business to, are you purchasing it to lease it out, if so, who to and how long is the lease. Have you done this before, what experience do you have, have you business plans, up to date accounts, management accounts…… contact one of the team and we can put you in touch with the most appropriate advisor to your needs.

How To Apply For A Commercial Mortgage

Commercial mortgages are loans from banks or building societies that are secured for the purposes of purchasing or refinancing commercial properties or properties for business use. 

Due to the complexities of these types of mortgages, we have teamed up with a specialist commercial mortgage broker who we can put you in touch with. It makes sense to use a specialist commercial broker as they have the right contacts and the market knowledge to help you find the most suitable deal.

If you would like to discuss the options available or would just like to know what’s possible, then please don’t hesitate to contact us.

The Financial Conduct Authority does not regulate Commercial lending or finance. 

Request a Call Back

Would you like to speak to one of our advisors over the phone? Just submit your details and we’ll be in touch shortly. You can also email us if you would prefer.

For Businesses: Do you have questions about how our advisors can help your company? Send Amanda an email and she will get in touch or phone 0121 448 0161 between 09:00 and 17:00 on Monday to Friday and she will be delighted to have a chat with you.

Note: Your details are kept strictly confidential as per our Privacy Policy. A link to this can be found in the footer. By submitting your information you agree that you have read this and that you agree to its contents.
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The Financial Conduct Authority does not regulate Commercial lending or finance. 

Tips for Getting Approved

To increase the chances of approval, businesses should focus on improving their credit score, creating a robust business plan, ensuring accounts are up to date, putting down as larger a deposit as possible

Common Mistakes to Avoid

It's essential to steer clear of common pitfalls when applying for a commercial mortgage. Neglecting to check credit scores, applying for excessive funding, and overlooking the terms and conditions of the loan. Many commercial mortgages are variable rates, this means your monthly payments could increase and you need to budget for this within your business.

Frequently Asked Questions

Qualification criteria typically include factors such as credit score, business plan, down payment, and collateral. Meeting these requirements is essential for approval.

Commercial mortgages offer ownership benefits, tax deductions, and flexible terms that can align with a business's financial goals, among other advantages.

Risks include high-interest rates, strict qualification criteria, and potential fluctuations in the property market, which can impact the property's value and the borrower's ability to repay the loan.

Customer Testimonials

The Financial Conduct Authority does not regulate Commercial lending or finance. 

SJ Mortgage Solutions Ltd is a company registered in England and Wales with company number 06008117. Registered Office: Offices 7 & 8, 8 Ladybank, Holloway, Tamworth, England, B79 7NB
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The guidance and/or advice contained in this website is subject to the UK regulatory regime and is therefore tageted at consumers based in the UK.
SJ Mortgage Solutions Ltd trading as SJ Financial Solutions, is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
There may be a fee for mortgage advice. The precise amount of the fee will depend upon your circumstances but will range from £149 to £750 and this will be discussed and agreed with you at the earliest opportunity.
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