Commercial Mortgages

Why rent when you can own? Commercial mortgages let you buy business premises with as little as 25% down and terms that fit your cash flow.

Borrow to buy. Keep your capital working.

Buying your own premises or expanding your portfolio? A commercial mortgage gives you access to larger loan amounts, longer terms, and lower interest rates than standard business lending, with funding secured against the property itself. Whether you’re purchasing, refinancing, or redeveloping, this is how you fund property over 5 to 30 years without tying up all your working capital.

We arrange commercial mortgages up to £20m+, with Loan to Values of up to 75%. Offices, warehouses, shops, mixed-use units — whatever the property, we’ll connect you with lenders who specialise in your sector, so you get better terms and faster approvals

What is a commercial mortgage?

A commercial mortgage is a loan secured against commercial property. This includes offices, shops, warehouses, industrial units, and buy-to-let investments. Instead of paying the full purchase price upfront, you put down a deposit and borrow the rest, typically up to 75% of the property value.

The property itself acts as security for the loan. If you can’t make the payments, the lender can repossess and sell it to recover their money. It’s the same principle as a residential mortgage, just with different rules and usually bigger numbers.

Commercial mortgages typically run for 5-30 years, giving you time to pay back the loan whilst the property (hopefully) appreciates in value. You can use them to buy your business premises, expand into new locations, or build a property investment portfolio.

Secure your premises

How do commercial mortgages work?

Commercial mortgages work differently to residential ones. Lenders look at the property, your business finances, and your experience before deciding what to offer you.

First, they’ll value the property to make sure it’s worth what you’re paying. Then they’ll dig into your business accounts, cash flow, and credit history. Some lenders want to see at least two years of trading history, while others will consider newer businesses if the numbers stack up.

Most commercial mortgage lenders will lend up to 75% of the property value, though some go higher for the right deal. You’ll need a deposit of at least 25%, plus money for legal fees, surveys, and other costs.

Check what you could borrow

Commercial mortgage rates explained

Commercial mortgage rates are typically higher than residential ones because lenders see business property as riskier. Rates usually start from around 3-4% above the Bank of England base rate, but can vary massively depending on your situation.

What affects your rate? Your business strength is the big one – profitable companies with solid cash flow get better deals. The property type matters too. How much you’re borrowing also makes a difference.

Fixed rates lock in your payments for 2-5 years. Variable rates move with the market – they might start lower but could go up. Most lenders also offer interest-only periods to keep monthly payments lower while you get established.

Speak to our team

Types of commercial mortgages

Not all commercial mortgages are the same. The type you need depends on what you’re buying and what you plan to do with it.

  • Owner-occupier mortgages

    These are for buying premises where you’ll run your business. They often get the best rates because lenders see them as lower risk – you’re not going anywhere if you own the building.

    Learn more

  • Buy-to-let commercial mortgages

    Used to finance properties you’ll rent out to other businesses. Rates tend to be higher since lenders take on more risk if tenants don’t pay or leave.

    Learn more

  • Bridging loans

    These work when you need to move fast or have timing issues. They’re short-term (usually 6–24 months) and more expensive, but you can complete purchases quickly then refinance later.

    Learn more

  • Refurbishment mortgages

    Perfect when you’re buying a property that needs major work. They combine the purchase price with renovation costs, with funds released in stages as the project moves forward – similar to development finance, just on a smaller scale.

    Learn more
Chris
TrustPilot Review
Greenwood Capital were professional, clear, and genuinely helpful from day one. The process was smooth, the funding arrived on time, and we wouldn’t hesitate to recommend them.
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Commercial mortgage calculator

Want a quick idea of what your repayments might look like? Use our commercial mortgage calculator to estimate monthly costs based on loan size, term, and interest rate.

It’s not a credit check and won’t affect your score.

How to apply for a commercial mortgage

Tell us what you’re looking to do — whether it’s buying a property, refinancing, or switching to a better rate. We’ll ask a few quick questions about the building, your deposit, and how you plan to repay the loan.

From there, we’ll match you with commercial mortgage lenders who are right for the deal. Our brokers will handle the details, flag what each lender needs, and help you move from offer to completion without the usual back-and-forth.

Frequently asked questions

We’ve answered some of the most common questions below, from how quickly we can fund to what kind of businesses we support.

  • How much deposit is needed for a commercial mortgage?

    Most commercial mortgage lenders require a deposit of 25% to 40% of the property’s value. That means you’ll usually need at least 25% upfront, with the rest funded by the loan. Some lenders may accept less with strong security or experience.

  • What are typical terms for a commercial mortgage?

    Commercial mortgage terms usually range from 5 to 30 years. Shorter terms may suit investment properties or faster repayment plans, while longer terms are common for owner-occupied premises. The right term depends on the property, the loan size, and your repayment strategy.

  • Can a first time buyer get a commercial mortgage?

    Yes, but it can be harder. First-time buyers may face stricter checks and need a stronger deposit or additional security. Lenders will look closely at the business plan, income projections, and how the loan will be repaid. A broker can help make the case and find lenders open to first-time borrowers.

Ready to own your premises?

Our business deserves its own space. Speak to our commercial mortgage team today about financing options up to £20m+ or start your application using the form at the top of the page.

Apply now