Commercial mortgages
Ready to buy or improve your business premises?
Invest in your business premises with a commercial mortgage from Clydesdale Bank when you borrow over £25,000.
A commercial mortgage is a term loan product. Terms and conditions apply. All lending is subject to status and applicants must be aged 18 or over. An arrangement fee, valuation and security fees will be payable.
Please note that security over your commercial premises will be required and your property may be repossessed if you do not keep up any repayments on your borrowing. Any other asset used as security, which may include your home, will be at risk if you break the agreement, and may be sold to repay your debt.
Get the business space you need with a commercial mortgage
Now could be the right time to invest in your business premises with a commercial mortgage from Clydesdale Bank. You may want to give your business room to grow by moving to bigger premises or expanding your current property. You might be renting or looking to buy a new property, or you might simply be looking for a better commercial mortgage deal.
Whatever your business plans, we could help you bring them to life – with a commercial mortgage.
Our commercial mortgage is for amounts over £25,000. To help make everything more affordable, we can provide a repayment term up to 20 yearsJump to footnote [1] – and even build in a capital repayment holiday of up to 5 yearsJump to footnote [2] to help boost your cash flow.
There are more good reasons to choose us:
We have a proven record of helping businesses succeed
We’ve committed to strengthening our support for SME businesses like yours by making £6 billion available over the next 3 years
We’ll provide you with an expert relationship manager to support you now and in the future
Commercial mortgages built around you
- Commercial mortgages available for amounts over £25,000 with maximum loan term 20 yearsJump to footnote [1]
- Capital and interest or interest only repayment options to suit your business circumstances
- Choose between a fixed rate (up to 5 years) or a combination of fixed and variable rates (LIBOR only)Jump to footnote [3]
- Build in a capital repayment holiday for all or part of the first 5 years to help boost your cash flowJump to footnote [2]
- Borrow up to 70% of the property's loan-to-value(LTV) based on the lower of the purchase price or a professional valuation (in some cases we will consider higher LTVs)
- Get fast access to your funds, if approved and subject to security being in place.
Footnotes
[1]Maximum commercial mortgage term 20 years. The mortgage amount and term offered will depend on an assessment of your business circumstances
[2]Taking a capital repayment holiday will increase the total interest charged and the total amount payable over the full term of the commercial mortgage.
[3]All fixed and variable rates include an interest rate margin as agreed. If a fixed-rate commercial mortgage is repaid early, an early repayment charge will be payable. Interest rate margins are individually negotiated.
How to apply
Make the smart move. Having business premises that work for you could be within your reach. To find out more about how we could help you invest in your business premises with a competitive commercial mortgage,speak to your relationship manager, call our Business Direct team, or pop into your local branch.
Business Direct Team
Branch locator
You can find impartial information and guidance on money matters on the “Money advice service” website.
Clydesdale Bank is covered by the Financial Services Compensation Scheme (FSCS), Find out more.