Posts Tagged 'Commercial Mortgage'

Commercial Investment Mortgage


An established residential landlord in Birmingham wanted a commercial mortgage to buy his first commercial property which was rented out to 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 £600,000 loan was agreed with a high street bank as the lease was now longer, at a rate which was very competitive.

Commercial Mortgage for a Day Nursery

Day Nursery Mortgage

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 required a commercial mortgage to move premises as they had outgrown their current home.

Due to the lack of profits in their accounts, they had been declined by several lenders. We explained in detail where the money had gone over the last three years, added back several items of one-off expenditure and compared it to the historical performance of the business. This ensured the commercial mortgage was agreed by a lender they had already approached at a lower interest rate. We knew how to present the application to them and the children and staff are now enjoying their new setting.

Your property may be repossessed if you do not keep up repayments on a mortgage or any debt secured on it.

Searchlight Menu