The amount of deposit that you will need for a commercial mortgage will depend on a few factors such as the amount of borrowing you are looking to secure, the type of business and the lender you choose. Typically you can expect to need a deposit between 25% – 40%, but it could be higher or even lower if additional securities can be provided.
What factors could impact how much deposit you will need?
When calculating the affordability of a commercial mortgage, the lender will assess the strength of each application and will typically consider:
When enquiring for a commercial property mortgage, your dedicated broker will ask a few questions and take the time to understand your business, your plans moving forward and current financial situation in order to recommend the most suitable options for your particular circumstances.
With insights into the latest commercial finance criteria, they will be able to discuss what deposit you would need to provide to secure a commercial mortgage and which lenders could offer you affordable options with your preferred deposit in mind.
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