Commercial & investment property

Commercialpropertyfinance.Structuredaroundyour business.

Owner-occupied premises. Commercial investment. Mixed-use properties. Commercial mortgages require a different kind of expertise — lenders who understand business income, tenant covenants, and lease structures, not just personal affordability. We know exactly where to find them.

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EBITDA calculation presented incorrectly
Wrong lender for sector type
Lease terms not reviewed before approach
Personal guarantee not anticipated
DSCR too low for lender criteria
Tenant covenant strength overlooked
EBITDA calculation presented incorrectly
Wrong lender for sector type
Lease terms not reviewed before approach
Personal guarantee not anticipated
DSCR too low for lender criteria
Tenant covenant strength overlooked
FCA Regulated Whole-of-market access Independent advice
01 —
Beyond personal
affordability

Commercial lending is assessed differently.
It requires a broker who understands the difference.

Where residential lending centres on personal income and expenditure, commercial mortgage underwriting looks at the business — EBITDA, DSCR, tenant covenant strength, lease length, planning use, and asset liquidity. These are specialist considerations that require specialist lenders, and a broker who knows how to present a case in terms those lenders understand and find compelling.

The commercial lending market is smaller and less standardised than residential. Criteria vary significantly between lenders, and the difference between the right lender and the wrong one is often the difference between an approval and a decline — or between a competitive rate and an expensive one. Whole-of-market independence is not a marketing phrase here. It is what changes the outcome.

"Commercial property finance rewards preparation. The lender who approves your case isn't always the obvious one — and finding them requires knowing the whole market, not just a curated panel."

Whole
market
Independent access
All sectors, all structures
Up to
75%
LTV available
Subject to property and covenant
0+
Years of experience
Complex cases handled
£0
Protection advice fee
Business protection reviewed
What we finance

Every type of commercial
property transaction.

Owner-occupied

Your business premises

Purchasing the premises your business trades from — whether retail, office, industrial, or mixed-use — is one of the most significant financial decisions a business owner makes. We access lenders who assess business income correctly and understand the owner-occupier relationship.

Lending is typically based on the business's trading performance — EBITDA, net profit, or DSCR — rather than personal income alone.

Commercial investment

Tenanted commercial property

Commercial investment mortgages — where the property is let to a third-party tenant — are assessed primarily on rental income, tenant covenant strength, and lease terms. The right lender, applied to correctly, can unlock competitive rates even on complex multi-let or mixed-use assets.

Lease length, tenant quality, and break clauses all affect lender appetite significantly. We assess these before approaching anyone.

Mixed-use

Commercial below, residential above

Mixed-use properties — typically retail or office at ground floor with residential above — sit between two lending categories. Most standard lenders won't touch them. Specialist lenders assess the combined income and will lend on the asset as a whole, at competitive terms for the right case.

The commercial element's proportion, planning use, and income split all affect which lenders will consider the case and on what terms.

Semi-commercial

Residential with commercial element

Properties with a residential element that includes commercial use — a live-work unit, a residential property with a home office or treatment room — require careful lender selection. The commercial element affects planning, valuation, and lender appetite in ways that vary enormously between providers.

We advise on the planning position and lender implications before you commit to a purchase.

Refinance & capital release

Releasing equity from commercial assets

Refinancing an existing commercial property to release capital — for business investment, further property acquisition, or restructuring — requires careful lender selection and case packaging. The right lender can release substantial equity at competitive rates where the wrong one would decline or offer poor terms.

We assess the asset value, rental income, and business position to identify the maximum achievable borrowing before any lender approach.

Specialist sectors

Healthcare, hospitality, and leisure

Specialist commercial sectors — medical practices, care facilities, hotels, restaurants, and leisure assets — require lenders with genuine sector appetite and appropriate underwriting methodology. EBITDA-based lending, management accounts, and sector-specific valuation approaches all apply.

We have lender relationships across specialist commercial sectors and know which providers have genuine appetite for your type of asset.

What lenders actually look at

Commercial underwriting
explained clearly.

DSCR
Debt Service Coverage Ratio

The ratio of net operating income to annual mortgage payments. Most commercial lenders require a DSCR of at least 1.25x — meaning the property generates 25% more income than the mortgage costs. Understanding your DSCR before approaching lenders shapes which ones are viable.

EBITDA
Earnings Before Interest, Tax & Depreciation

For owner-occupied commercial and trading businesses, lenders assess EBITDA rather than personal income. Presenting accounts correctly — and understanding which lenders apply the most generous EBITDA multiples for your sector — is what makes the difference between a competitive offer and a marginal one.

Cov.
Tenant Covenant Strength

For investment properties, the quality of the tenant matters as much as the rental income. A national covenant on a long lease attracts very different lender appetite to a local business on a short lease with a break clause. We assess covenant strength before recommending any lender or LTV.

Lease
Lease Length & Structure

Lenders are sensitive to unexpired lease term, break clauses, rent review mechanisms, and repairing obligations. A lease with 3 years remaining attracts significantly different terms to one with 15. We factor lease structure into lender selection from the outset — not as an afterthought when the wrong lender declines.

LTV
Loan to Value

Commercial LTV is typically lower than residential — most lenders will consider up to 70–75%, with some specialist lenders reaching 80% for strong covenants. The property type, sector, and location all affect the maximum achievable LTV. We assess this before any application to avoid surprises.

Exit
Exit Strategy & Asset Liquidity

Commercial lenders consider how easily the asset could be sold or refinanced if needed. Specialist or single-use assets attract more cautious underwriting than general-purpose commercial properties. Lender appetite varies enormously by sector and location — knowing where to go avoids wasted time and unnecessary declines.

——
"Commercial finance rewards the broker who does the work before the application. The case that arrives at a lender's credit committee prepared and complete gets a very different response to the one that doesn't."
Nathan Lawes — Director & Principal Adviser
What we do differently
01
DSCR and EBITDA calculated before approach.We run the numbers properly before identifying lenders — so we know which LTV is achievable, which lenders are realistic, and how to present your income in the most favourable way.
02
Lender selection based on sector appetite.Commercial lenders are not interchangeable. Some specialise in healthcare, others in hospitality, others in industrial. We know which lenders have genuine appetite for your type of asset — and approach only those.
03
Full case packaging before submission.Accounts, management information, tenancy schedules, planning documents — we ensure the file is complete and presented professionally before it reaches a credit committee. A well-packaged case gets a faster, better decision.
04
Nathan handles every case personally.No handoffs, no junior advisers. The person who assesses your case is the person who presents it to the lender and stays in contact through to completion.
The commercial process

Four stages to
a completed deal.

Stage 01

Assessment & viability

We assess the asset, the income, and the structure before approaching any lender. DSCR calculation, EBITDA analysis, tenant covenant review — the work that determines which lenders are viable and at what LTV.

Stage 02

Information & packaging

Business accounts, management information, rent rolls, tenancy schedules, and planning documents — collected, reviewed, and packaged into a professional credit submission that presents your case in the strongest possible light.

Stage 03

Lender approach & credit

We approach the right lender — not the nearest one — and manage the credit committee process through to approval. Commercial valuations are instructed in parallel. We handle all lender queries and keep you informed at every stage.

Stage 04

Legal completion

Commercial legal work is more complex than residential. We coordinate with solicitors on both sides, manage the conditions of offer, and stay actively involved through to funds release and completion.

Commercial finance — the questions that matter

Straight answers to the questions business owners and commercial investors ask us most.

How is a commercial mortgage different from a residential one?
Commercial mortgages are assessed on the property's income-generating capacity and the business's financial performance — not personal affordability. Terms are typically shorter (15–25 years vs. 25–35 years for residential), rates are higher, and the underwriting is more detailed and individually assessed. Lenders make decisions case by case rather than through automated systems — which is why packaging and presentation matter enormously.
What deposit do I need for a commercial mortgage?
Most commercial lenders require a minimum 25–30% deposit — a maximum LTV of 70–75%. For well-tenanted investment properties with strong covenants, some lenders will consider up to 75–80% LTV. For owner-occupied properties, the business's trading strength and the asset type both affect the maximum achievable LTV. We assess what's realistic for your specific case before any application.
Can I get a commercial mortgage if my business is relatively new?
Yes — though lender appetite narrows. Most lenders want to see at least two years of trading accounts, and ideally three. Some specialist lenders will consider businesses with 12–18 months of trading history for the right profile. Management accounts, projected income, and the strength of the personal financial position of directors all become more important with a shorter trading history. We are honest about what's achievable at each stage.
Are commercial mortgages regulated by the FCA?
Most commercial mortgages are not regulated by the Financial Conduct Authority — which means the consumer protections that apply to residential mortgages do not automatically apply. This makes lender selection and independent advice even more important. We operate to the same standards regardless of regulatory status — transparent fees, documented advice, and recommendations that genuinely serve your interests.
How long does a commercial mortgage take to complete?
Commercial mortgages typically take longer than residential — 6–12 weeks from application to completion is realistic for a straightforward case, with more complex assets or multi-tenanted properties taking longer. Commercial valuations, legal due diligence, and individual credit assessment all add time. We build a realistic timeline into the process from the outset and manage proactively against it.
What sectors do commercial lenders typically avoid?
Many mainstream commercial lenders are cautious about pubs and bars, restaurants, nightclubs, petrol stations, car washes, and certain healthcare assets — not because they won't lend, but because fewer lenders actively seek these sectors. Specialist lenders with sector appetite exist for almost every property type. We know which ones have genuine appetite for your asset type and approach only those — rather than testing the market with applications unlikely to succeed.
Ready to discuss your property

Commercial finance
that works for
your business.

Tell us about the property, the income, and what you're trying to achieve. We'll give you an honest assessment of what's achievable — before any lender sees your case. Every conversation is with Nathan personally.

FCA regulated · Whole-of-market · Independent advice