
Welcome to Advocate Finance, your trusted broker in securing Commercial Mortgages for trading businesses!
As established mortgage brokers, we understand the unique needs of property investors and business owners, and we are here to provide tailored financial solutions that help you achieve your goals. Whether you are looking for a commercial mortgage, loan or refinance, we cover all aspects to ensure your success.
These are properties that are purchased with the intention to trade from, and are separated into two categories, below are some examples of these:
Standard Property | Trading Property |
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These are commercial and business mortgages for all types of businesses that will use the property to trade from, rather than let to a third-party tenant.
We can also arrange Semi-Commercial investment mortgages.
Also known as a Commercial Business mortgage, these are used to purchase/refinance properties with the intention to trade from.
For example, A client who has their own trading business wishes to buy/refinance a property to trade from.
High loan-to-values (LTVs) are available; 100% funding can be achieved with additional security or by introducing more than one lender to a case.
Begin with a consultation with one of our friendly mortgage brokers to discuss your investment goals, property details, and financial situation.
We will assess your needs and recommend suitable finance options.
We will submit a detailed loan application, including financial statements & property details etc. Our broker team will guide you through the documentation required by lenders.
A professional valuation will be conducted to determine the property's market value, including both residential and commercial elements. This is a critical step in the mortgage application process.
Once approved, solicitors will be instructed to carry out any legal formalities. This can be as quick as a week (if Title Insurance is used on refinance cases). Once this stage is completed funds will be released.
Using the services of a broker that understands how the property is valued is crucial as it affects the amount you can borrow. Most lenders will value the property as one tenure (freehold or leasehold), called a vacant possession valuation
Our mortgage brokers will carefully consider the suitable lenders for your circumstances depending on how much you are looking to raise relative to the value of the property. But the property’s value can differ depending on the valuation methodology the lender instructs the valuer to use.
With respect to semi-commercial / mixed-use properties, the biggest difference is whether the lender will use a Block value / Market Value or an aggregate/break-up value of the property.
If your property’s residential element makes up most of the overall value, some lenders can use an aggregate value that might be more advantageous. If the loan-to-value is low, we can source a buy-to-let lender that ignores the commercial valuation altogether, and the interest rate will be considerably lower.
Single Tenure Valuation | Aggregate/Break-Up Valuation |
This method considers the property as one unit, combining both residential and commercial elements. It is often used for properties with a balanced split between residential and commercial spaces. | This method values each element separately, then combines the values. It can be advantageous for properties where one element significantly outweighs the other in terms of value or size. |
Advantages of Commercial Mortgages | Disadvantages of Commercial Mortgages |
Fixed rates are available: Commercial mortgage interest rates can be offered with high loan to values (LTV) | Variable rate mortgages can be offered: However, you will be susceptible to increases in interest rates |
Lenders can consider: All income levels, evidence of income, credit histories and funding requirements | Valuation: Commercial valuations are required, which can be more expensive than residential valuations |
Terms: Financing terms can be short or long-term to suit your needs | Tax implications: You should seek advice from your tax adviser before purchasing a commercial property |
Expertise and Experience:
Tailored Financial Solutions:
Competitive Fee Structure
Comprehensive Range of Services:
Loans / Mortgages ranging from £100,000 to £50 Million (smaller loans can be considered in exceptional circumstances).
Our advisers offer a free consultation, so please give us a call or use the “Get in Touch With Us” form at the end of this page
Our expert team of mortgage brokers are here to guide you through every stage of the process.
Important Information
ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
We are a credit broker not a lender.
Advocate Finance Ltd, registered at 55 Crown Street Brentwood, Essex CM14 4BD. Company Register number is 05579380. Authorised and Regulated by the Financial Conduct Authority. Our FCA registration number is 592830.
You can check via www.fca.org
We are registered with the ICO, Z1654205 and you can check via www.ico.org.uk.
We conduct both regulated and unregulated business and therefore not all products provided through us are regulated by the Financial Conduct Authority. We source mortgages and loans from a panel of lenders.
We may receive a commission that will vary depending on the lender, product, the amount borrowed or other permissible factors.
Advocate Finance is a mortgage and finance brokerage firm that specializes in securing loans and mortgages for various types of properties, including single properties, large portfolios, commercial sites, and development projects. They assist clients regardless of credit history, circumstances, or legal ownership, aiming to provide tailored financing solutions