COMMERCIAL MORTGAGES
 COMMERCIAL MORTGAGESBusinesses need finance in the forms of mortgages and loans to purchase commercial property, expand existing premises or to add new outlets, Carden Associates can assist you by helping you find the finance you require via our network of business finance connections.Commercial Mortgages can cover a wide range of properties from Shops and Offices to many other types of business.  Businesses can also refinance existing property to obtain a better deal than provided by the existing lender or to release some new loan funds for investment in other areas.Each lending situation is treated on a case by case basis and with access to specialist lenders there is an alternative to the high street banks.Commercial Property Letting for example can produce higher rates of returns than Residential Buy to Letting, in one recent case a client of ours wishing to purchase a shop found the gross rental return at 15% per annum and upto 75% funding of the purchase price was available. Holiday lets are another area where lending can be difficult to obtain yet the rental income per annum can be high in relation to the overall purchase price.  Funding between 65% ltv and 75% ltv can be advanced depending on rental assessment and type of property.Contact us today with your commercial mortgage or business loans funding requirements to see what is available to you!    Not all types of mortgages are currently regulated. A fee may be payable for advice given, typically £399 or upto 1% of the loan.  We may receive in addition a commission from the lender or packager on completion of a loan. Any fee once paid is not refundable. Failure to keep up the repayments on a property where there is a loan or mortgage secured upon it can lead to repossession.