Property Finance
Property Finance in Yorkshire & the North-East
Commercial Mortgages
Finance for Commercial Investment, Owner-Occupier, and Residential Investment / Buy-to-Let Properties.
Features:
- Up to 75% of Valuation (100% with additional security)
- Repayment Term up to 30 Years
- Initial Interest Only Period
- Rates from Bank Base Rate plus +2.5%
- Purchase and Remortgage
- Potential Gap Funding Assistance (typically 10%) under Regional Finance Initiatives where deposit shortfall
Acceptable Security:
- Nursing and Residential Care Homes
- Factory Units and Warehouses
- Offices
- Residential Investment Property
- Professional Practices (Doctors, Dentists, Accountants, Solicitors)
- Hotels, Guest Houses, Restaurants, Pubs
- Retail (Shops, Post Offices)
- Agriculture (Farms, Equestrian Centres) and Horticulture
- Day Nurseries
- Chemists
Non-Status Cases
A limited number of options are available on a low loan to value basis. These cover applicants with CCJs, arrears or where trading results fail to evidence the required level of profitability to satisfy mainstream lenders.
Development Finance
In these credit-crunch times there is limited appetite for this type of funding. We have access to a small number of competitively-priced schemes for experienced applicants able to demonstrate a successful track-record.
Features
- Loans from £250,000 to £10 million
- Loan term up to 2 years
- Up to 65% of Land Purchase & Development Costs
- Interest-Only & Interest Roll-Up Options
- Rates from Bank Base Rate OR Libor plus 3%
Contact Us
If you have a proposal you would like to discuss, please contact us on 08452 632 104 or by email at phil@bentleyassociates.net, and we will be more than happy to talk through your query.
Remember, if you are in need of commercial financing in Yorkshire or any of the other expert services we provide, contact us today!