Got plans for a commercial property project? Our commercial mortgage advisers can help you find the right financing for your needs. Secure the funding you need for your business.

Secure commercial finance for your property

A commercial mortgage is a type of loan specifically designed for businesses and investors to purchase, refinance, or develop commercial properties. These loans are typically secured by the property being financed, and the terms and conditions can vary widely based on the lender, the type of property, and the borrower’s financial situation.

Commercial finance is used for several types of properties: offices, retailers, industrial facilities, hospitality, residential developments, and more.

Our commercial finance mortgage advisers are here to explain your options and help you choose the right finance for your needs.

Choosing the right commercial mortgage

Business owner? Investor? There isn’t a one-size-all approach to commercial mortgages. There are many lenders on the UK market—both high street banks and specialist commercial finance lenders—and many factors to consider when choosing the right option.

Some things to consider when searching the market for commercial finance, including:

  • The type of commercial property
  • The sector you operate in
  • How long you need the loan for (known as the loan term)
  • Your cash flow and affordability
  • The projected income from the property.

Why work with us?

It’s normal for business owners to seek financial support when they’re expecting a period of business growth. As there are so many elements to consider before taking out a loan, it’s important to seek advice. Our commercial finance advisers have helped businesses of all shapes and sizes to find the right type of commercial finance for their requirements.

Our team at Mortgage Synergy will explain the options available to you. We’ll then help to pinpoint which type of commercial finance is the most suitable.

We have whole of market access to commercial lenders. From high street bank lenders to more specialist types, we’re in a great position to search the market and find the right finance for you.

Our team at Mortgage Synergy are on hand to:

  • Compare lenders on your behalf
  • Ensure you understand your options
  • Use our wealth of knowledge to match you with a suitable lender
  • Help you complete your finance application
  • Break down all the complex terminology
  • Provide fair, impartial advice tailored to your circumstances
  • Give expert recommendations.

Bridging Loans

Bridging finance is a type of short-term loan designed to provide quick access to capital. It is typically used for a short duration, often ranging from a few weeks to a few months. Bridging loans are secured against property where a normal mortgage cannot be attained, and are typically repaid in a lump sum, including interest, at the end of the loan term.

How Bridging Finance Works:

  1. Temporary Capital Injection: Borrowers use bridging finance to fill a financial gap or to secure funding quickly for various purposes, including property purchases, renovations, or business opportunities.
  2. Collateral: The borrower offers valuable assets as collateral, such as residential or commercial property. The lender assesses the value of the collateral to determine the loan amount.
  3. Interest Payments: Interest on bridging loans is often rolled up or deferred, meaning that borrowers may not make monthly interest payments during the loan term. Instead, the entire interest amount is typically paid at the end when the loan is repaid.
  4. Loan Term: Bridging loans have relatively short terms, making them suitable for temporary financial needs. The loan term can vary but is typically up to 12 months.
  5. Exit Strategy: Borrowers are required to have a clear exit strategy, which outlines how they intend to repay the loan. Common exit strategies include selling the property, refinancing with a long-term mortgage, or using other funds.

Common Uses of Bridging Finance:

  1. Property Purchases: Bridging loans are commonly used to finance property purchases, especially when buyers need to act quickly in a competitive housing market.
  2. Property Renovations: Property developers and investors use bridging finance to fund renovations or refurbishments when a normal mortgage or other funding cannot be attained.
  3. Auctions: Bridging finance can help individuals and businesses secure properties at auctions, where immediate funding is often required.
  4. Chain Breaks: When buying and selling properties in a chain, bridging finance can prevent delays by providing funds to complete the purchase before the sale of the current property.

Not regulated by the Financial Conduct Authority