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Commercial mortgage calculator

Helping you see the real costs of your property purchase

Speak to one of our experts020 3318 2613
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Large scale borrowing

  • Terms up to 20 years
  • £50,000 – No Maximum
  • Rates from 2% over base rate
  • Up to 80% Loan to Value available

Individual arrangements

  • Repayments geared to your turnover
  • Adverse Credit – no problem
  • Repayment and interest only available
  • No Proof of Income Required

Flexible

  • Any type of commerical property
  • Buseiness premises or investment property
  • Commercial, Residential and Land
  • Refinance existing property

Talk to Rangewell – the business finance experts

Use our calculator to find the costs of the mortgage you need.

At Rangewell we recognise your professional status, and we work harder to find you better solutions - which can include 100% finance for many of your needs.

Calculate Commercial Mortgage costs

Simply enter the details of the loan amount and estimated property value and our Commercial Mortgage calculator can help you see the potential costs.

 

Remember, unlike a residential mortgage, the rates and terms for a Commercial Mortgage are arranged on an individual basis. Lenders will look at your business, accounts and projections to ensure that it has a future and set interest rates based on the level of risk they believe it presents.

Interest rates and terms are always decided on an individual basis. Rates will vary - but our Commercial Mortgage Calculator can give you an idea of the potential costs involved.

Start here

 

Loan amount required

Property value

Term required

Your name

Your phone

Your email

 All figures are subject to credit approval with the rates quoted being subject to revision should there be any change as we zero on the specifics or nuances of your borrowing needs. Financial information may be required for credit assessment. This is an indication of terms provided for discussion purposes only. It shall have no contractual effect and is not binding upon you or us.

Result section

 Mortgage amount

£

Interest rate (%)

Mortgage period (years)

Total cost of mortgage

Monthly payments

Figures are provided for illustration purposes only and do not represent an offer of funding.

Should you use a commercial mortgage>

 A commercial mortgage works like a residential mortgage, with some important differences. Your income is not the key factor in the lenders decision. They are secured on the property itself, and this value and the performance of your business will help set how much you can borrow - and what the lender will charge.

You can use a a commercial mortgage to:

To buy your business premises  Buying your factory, warehouse, office or land could all be possible with a Commercial Mortgage, 

To acquire residential  and commercial buy to let.  Buying homes is a common investment. Buying prime retail or warehousing can provide opportunities for commercial buy to let.

To secure land If you need to buy land, for agricultural, storage or  to bank for development, it may be possible to use a Commercial Mortgage to do so.

To raise cash from your existing property.  However a commercial remortgage is secured on property you already own, and  lets you release the investment to use it again for any purpose.  It works by letting you take out a new commercial mortgage on your existing property.

 

Borrowing to fit your needs

There is no upper limit on what you can buy with a Commercial Mortgage - making it suitable for any size of property purchase. However, because of the legal and administrative costs, it is uneconomic to borrow less than £50,000.  Some lenders have a minimum of £75,000 or more.  Below this level, a secured loan may be more appropriate.

 

ANY PROPERTY USED AS SECURITY, WHICH MAY INCLUDE YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

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