T: 01565 654005 BOOK A CALL MESSAGE US

Posts Tagged 'Commercial Mortgage'

Commercial Investment Mortgage


An established residential landlord in Birmingham wanted a commercial mortgage to buy his first commercial property which as rented out as a supermarket. His bank had said no as the existing tenant only had two years left on the lease and they wanted a longer lease. He had approached other brokers who had found finance which was double the amount he expected to pay.

Our Solution

The tenant had been in the property thirteen years and had just carried out an expensive fit-out. This gave us comfort that the tenant wanted to stay at the property. As our client wanted to retain the tenant, we suggested that a new lease be created at completion which would help secure finance and keep the tenant.


The loan was agreed with a high street bank as the lease was better at a rate which was very competitive.






Commercial Mortgage for a Day Nursery

We were introduced to a Cheshire based day nursery group. They had a recent history of low profitability and losses due to tax planning. They wanted a commercial mortgage to move premises as they had outgrown their current home. Due to the lack of profits, they had been declined by several lenders. As it was tax planning we explained in detail where the money had gone to a new lender, compared it to the historic performance of the business and their figures. This ensured the commercial mortgage was agreed and the children are now enjoying their new setting.

Searchlight Finance Limited is registered in England and Wales No.07929050 Searchlight Finance Limited is authorised and regulated by the Financial Conduct Authority and is entered on the Financial Services Register (http://www.fca.org.uk/register) under reference 743220. The FCA do not regulate Business Buy to Let Mortgages or most Commercial Mortgages and Bridging Finance. ICO Number Z3109319. Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

Searchlight Menu