Best Banks for Investment Property LoansThe Best Banks for Investment Real Estate Loans
Wherever we can, our aim is to make our businesses easier. Shawbrook Bank will apply a minimal interest of 0.75% to the maturity period. Are you looking for a private mortgages? Besides financing commercial real estate, we also provide an imaginative array of construction financing solutions. Please have a look at our mortgages pages if you are looking for it.
While your applications must be packed and presented by an authorized shared brokers representative, we will be pleased to provide you with information about our product through this website, explaining our product by telephone, or answering inquiries by e-mail. All property used as collateral, up to and incl. your home, may be taken back if you fail to maintain repayment of a mortgages or other debts backed by it.
We have an expert staff that can provide financing for difficult remediation or earthworks and help you develop your company with a hands-on stance.
Mortgage for companies
In order to improve your chance of funding, you must do so: Don't worry if you don't fulfill all the above criterias; there are still choices, just remember that prices are likely to be higher. In these cases, creditors usually provide up to 75% LTV at a 180-day assessment (i.e. the appraiser's view of what the selling cost would be if the property were actually bought within 180 days).
What interest you are likely to get depends on your level of expertise, the business, the property itself, the lessee's level of service and the rental period. At present, high-street creditors offer between 3.25-4.25% above the basic interest level (bank interest currently 0.25%, variable) only on the basis of principal and redemption conditions.
So if you're just looking for interest rates, specialized creditors are a better choice, providing up to 10 years interest, with prices in the range of 4-5.5% above prime and charges of about 1.5-2%. Learn how we have provided financing for customers with little or no expertise.....