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How can we help you?
Whatever your Business Finance needs provided that it is fundable, we promise to find you the best deal.
Whatever your Business Finance needs provided that it is fundable, we promise to find you the best deal.
Leasehold Finance
With many buildings now standing empty, it is possible to pick up a good bargain if you are looking to purchase a lease for your business.
In order to obtain a good rate it is essential that the Lease has at least 35 years left to run. Some Lenders will look for a minimum of 25 years after the debt has been repaid.
Thus a 35 Year lease will allow a 10 year Repayment Loan; A 45 year lease will allow a 20 year mortgage and so on
The longer the term, the cheaper the monthly repayments.
It is important that the lease does not contain any Bankruptcy Clause as this would negate the Lender’s security for the loan.
If you want to purchase the Lease for a Retail Business, it is possible to borrow up to 100% of the price on an Interest Only basis.
The price is expensive and you will need to be refinanced in another way as soon as you can prove the income from the business.
If you need Leasehold Finance and want to find the best deal, please Apply or seek further information below.
If you are unsure whether you wish to apply for a loan for your business now, but would like to talk to an experienced adviser please click below.
In order to obtain a good rate it is essential that the Lease has at least 35 years left to run. Some Lenders will look for a minimum of 25 years after the debt has been repaid.
Thus a 35 Year lease will allow a 10 year Repayment Loan; A 45 year lease will allow a 20 year mortgage and so on
The longer the term, the cheaper the monthly repayments.
It is important that the lease does not contain any Bankruptcy Clause as this would negate the Lender’s security for the loan.
If you want to purchase the Lease for a Retail Business, it is possible to borrow up to 100% of the price on an Interest Only basis.
The price is expensive and you will need to be refinanced in another way as soon as you can prove the income from the business.
If you need Leasehold Finance and want to find the best deal, please Apply or seek further information below.
If you are unsure whether you wish to apply for a loan for your business now, but would like to talk to an experienced adviser please click below.
