Commercial Mortgage Criteria
Commercial Mortgage Criteria and Interest Rates for UK Businesses with either a good credit record or with credit problems.
The lenders criteria for advancing a loan and the respective rates vary considerably from case to case, however, as a general guide we would expect to obtain the following:
Good Status Client |
Non-Status Client | |
|---|---|---|
| Min. Loan Size | £50,000 | £50,000 |
| Max. Loan Size | unlimited | £1 million |
| Term | up to 30 yrs | up to 30 yrs |
| Loan to Value | up to 75% | up to 65% |
| Margin over base rate | 1% - 2% | 6% - 12% |
| Bank arrangement fee | 1% - 1.5% | 1% - 2% |
Enquiry Form
© 2012 : Sterling Capital Reserve Ltd
Sterling Capital Reserve Ltd
Sterling House, 10 Wheatcroft Business Park, Landmere Lane, Edwalton, Nottingham NG12 4DG
Tel: 0115 984 9800 Fax: 0115 921 5550
ANY PROPERTY USED AS SECURITY, INCLUDING YOUR HOME, MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
EARLY REPAYMENT CHARGES APPLY. A BROKER FEE MAY APPLY.
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