Commercial mortgages can be used for various purposes in order to buy or re-mortgage business premises in addition to providing funds for many other purposes. The terms of this type of mortgage will depend on the type of business the applicants are running and the type of premises or land your client wishes to finance. This is a complex area and we provide specialist advice in order for you to best advise your clients. The amount that can be raised varies depending on property types and client profiles. Rates are dependent on each deal but can be as low as 2.75% over Bank Base Rate. With regards to development finance, funding can be arranged for individuals, developers, partnerships, sole traders and Limited companies. With the specialist lenders on our panel we have greater flexibility than the mainstream banks which helps in obtaining the right deal for your client. Development finance is normally arranged on an interest only basis and depending on the nature of the deal these can be arranged for a term of 6 months plus. Each development finance deal is individually priced and dependent on the client's experience as well as the project being proposed. 100% funding is available to experienced developers with additional security.