Mortgages to fit a range of different commercial scenarios.
Last updated 12/03/2018
Lender | Initial Rate | Until | Max LTV | Arrangement Fee | Redemption Penalty | Rental Cover | |
---|---|---|---|---|---|---|---|
interbay
|
4.14%* | Term LIBOR tracker | 55% | 1.50%(0.25% payable on acceptance of formal offer) | Based on term | 125% @ 5% | QUOTE |
aldermore
|
5.14% | Term LIBOR tracker | 60% | 1.75%(0.25% payable on acceptance of formal offer) | 2.5%/2.5%/2.5%/2.5%/2.5% | Dependent on terms | QUOTE |
shawbrook
|
5.15% | Term LIBOR tracker | 55% | 1.50%(0.25% payable on acceptance of formal offer) | Based on term | 130% @ 6.15% | QUOTE |
aldermore
|
5.69% | 3 year fixed | 70% | 1.75%(0.25% payable on acceptance of formal offer) | 4.5%/4%/3.5% | Dependent on terms | QUOTE |
interbay
|
6.14%** | Term LIBOR tracker | 75% | 1.50%(0.25% payable on acceptance of formal offer) | Based on term | 125% @ 6.14% | QUOTE |
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|
Initial Rate | 4.14%* |
Until | Term LIBOR tracker |
Max LTV | 55% |
Arrangement Fee | 1.50%(0.25% payable on acceptance of formal offer) |
Redemption Penalty | Based on term |
Rental Cover | 125% @ 5% |
Quote |
![]() |
|
Initial Rate | 5.14% |
Until | Term LIBOR tracker |
Max LTV | 60% |
Arrangement Fee | 1.75%(0.25% payable on acceptance of formal offer) |
Redemption Penalty | 2.5%/2.5%/2.5%/2.5% |
Rental Cover | Dependent on terms |
Quote |
![]() |
|
Initial Rate | 5.15% |
Until | Term LIBOR tracker |
Max LTV | 55% |
Arrangement Fee | 1.50%(0.25% payable on acceptance of formal offer) |
Redemption Penalty | Based on term |
Rental Cover | 130% @ 6.15% |
Quote |
![]() |
|
Initial Rate | 5.69% |
Until | 3 year fixed |
Max LTV | 70% |
Arrangement Fee | 1.75%(0.25% payable on acceptance of formal offer) |
Redemption Penalty | 4.5%/4%/3.5% |
Rental Cover | Dependent on terms |
Quote |
![]() |
|
Initial Rate | 6.14%** |
Until | Term LIBOR tracker |
Max LTV | 75% |
Arrangement Fee | 1.50%(0.25% payable on acceptance of formal offer) |
Redemption Penalty | Based on term |
Rental Cover | 125% @ 6.14% |
Quote |
* 4.14% is only available under Tier 1 – up to 7% property yield***
** 6.14% is only available under Tier 3 – above 8.5% property yield***
*** Property yield = (market rent / vacant possession market value) x 100
Have you ever considered expanding your portfolio with a commercial investment? Commercial mortgages take into account a number of different factors including the type of property, its use, the tenant and whether the applicant has relevant experience.
Commercial mortgage applications are considered on a case-by-case basis according to the level of risk they present. Lenders have different criteria which they take into account and so finding a broker with commercial expertise is paramount.
The Buy to Let Business has a wealth of experience in securing commercial mortgages to fit a range of different scenarios including:
View a selection of our current commercial rates above.
Unsure of what kind of buy to let mortgage you're looking for? Professional mortgage advice is more important than ever. Call us. We're looking forward to hearing from you!