There’s no time like the present to invest in a warehouse or industrial unit
We will see your mortgage case right through to completion
There has not been a better time since the financial crash in 2008 to raise finance for buying or remortgaging your warehouse, factory or industrial unit.
Key criteria for commercial mortgages for warehouses and factories:
If you have a business that is currently renting premises due to the fantastic rates and loan to values that commercial lenders are offering at the present time, you could find that purchasing your own premises would actually save you money and can be cheaper than the rent payable. You also have the added advantage of owning the building at the end of the term and can be used as a supplement to your pension.
First Commercial Funding can also aid you in the purchase of the business as well as the warehouse or factory.
With the growth in the UK being very robust, now is the time to also look at owning warehouses/factories and industrial units and renting them to other companies; the yield can sometimes be higher than the residential buy to let market. The main advantage to this is that companies tend to rent for longer periods and therefore you do not have a turnover of tenants as you do in other buy to let sectors, giving you greater stability.
Due to the economic climate, this is a sector that lenders now have an appetite to lend at highly competitive interest rates and loan to values.
In some instances, we can use asset/invoice factoring finance to gain you 100% of the purchase price.
Our commercial mortgage products can be used on anything from warehouses, to industrial units and factories and the term of the commercial mortgage can be up to 25 years.
We pride ourselves on offering the best customer service. Unlike other brokers we will follow the case right through to completion, liaising with solicitors and lenders for a successful outcome.