Commercial Mortgage Specialists in West London
Whether you are buying your business premises, investing in commercial property, or refinancing an existing loan, we find the right commercial mortgage for you.
Introduction
What Is a Commercial Mortgage?
A commercial mortgage is a loan secured against a commercial property — such as an office, retail unit, warehouse, restaurant, pub, or mixed-use building. Like a residential mortgage, it allows the borrower to purchase or refinance a property over an extended period, with the property acting as security. Commercial mortgages are available for both owner-occupiers (businesses purchasing their own premises) and investors (purchasing commercial property as an investment).
Commercial mortgage underwriting differs significantly from residential. Lenders assess the property's commercial value, the strength of any tenant covenants (for investment properties), the borrower's business performance and profitability, and the trading history of the business. Loan-to-value ratios are typically lower — usually 65–75% — and rates are generally higher than residential products.
West London Property & Let works with commercial mortgage lenders across the full spectrum — from high street banks with competitive rates for strong businesses to challenger banks and boutique commercial lenders willing to consider more complex transactions. Our advisers understand commercial lending criteria and will present your case to the most appropriate lender.
Who is it for?
Who Are Commercial Mortgages For?
Commercial mortgages are suitable for:
- Business owners wishing to purchase their own trading premises (owner-occupied)
- Property investors purchasing commercial property or mixed-use buildings
- Landlords refinancing existing commercial property loans
- Businesses looking to release equity from commercial property they own
- Investors purchasing commercial property for conversion to residential (subject to planning)
Why Choose West London Property & Let?
Commercial Market Expertise
We understand commercial lending — lease structures, tenant covenants, WAULT calculations, and business trading assessments — so your application is prepared to the highest standard.
Whole-of-Market Access
From high street banks to specialist commercial lenders, we compare the full market to find the most competitive rate and terms for your transaction.
Owner-Occupied & Investment
We arrange both owner-occupied commercial mortgages (where your business will trade from the premises) and investment commercial mortgages (for income-producing assets).
How It Works
Requirements Assessment
We understand your commercial property objectives — property type, intended use, loan size, and term requirements.
Market Search
We compare commercial mortgage products from across our lender panel and obtain indicative terms.
Application & Valuation
We manage the full application, including coordination of a commercial valuation and any required surveys.
Offer & Completion
We guide you through to mortgage offer and legal completion, working with your solicitors throughout.
Frequently Asked Questions
What LTV is available on a commercial mortgage?
Most commercial lenders will lend up to 65–70% of the property's commercial value for investment properties, and up to 70–75% for owner-occupied commercial mortgages.
How long can a commercial mortgage term be?
Commercial mortgage terms typically range from 3 to 25 years, with repayment or interest-only options available depending on the lender and the strength of the application.
Can I get a commercial mortgage for a pub, restaurant, or care home?
Yes, though these are considered specialist trading properties and require specialist lenders. We have access to lenders who specifically underwrite hospitality, leisure, and care sector properties.
What documents will I need?
Typically: two to three years' trading accounts, current management accounts, a business plan (if a new purchase), details of any existing commercial loans, and full details of the property.
How long does a commercial mortgage application take?
Commercial applications typically take between four and twelve weeks from submission to offer, depending on the complexity of the transaction and the lender's workload.