Non Status and Self Certified Mortgages from Aberdeen Industrial Finance

To achieve more favourable lending rates, experience in your chosen business sector is essential, as is a detailed business proposal and indication of expected fiscal returns.

If this is not possible then we also offer full non status and self certification commercial finance with loan to values up to 85%.

It is important to consider that the some parts of the commercial property sector are viewed by many financial institutions as high risk lending opportunities, limiting the funding options in many cases. However as the majority of our consultant team is aware of the complexities of this we are well used to dealing with leisure or investment based commercial mortgages, from small bistros to large central London nightclubs, the borrower can be assured we will negotiate competitive funding based on the proposition.

Please see below for examples of what we fund and the typical conditions attached:

Farms
Pubs, restaurants
Shops, shops with living accommodation
Hotels, guest houses, holiday lets
Industrial units, factories, offices, warehouses

For borrowers looking to raise between £50k and £10m, our process is geared towards being simple, quick and flexible. Mortgage products are available with terms up to 30 years, generally up to 85% LTV and have an option for self certification of income. It is important to distinguish that we provide a mortgage product and therefore the advance is made against the market value of the property, excluding goodwill and any fixtures or fittings.

We are able to lend up to 90% of purchase price for sitting tenants purchasing at a discount (subject to this not exceeding any LTV restrictions on valuation) and 100% advances can be made with additional security (either residential or commercial property) from the borrower. The product is available at a margin of between 2% and 5.5% over Libor depending upon the LTV and status of the applicant. Early repayment charges apply.

The product can be used for any purpose by the applicant including;

New business start-ups
Business turnaround solutions
Short Term Finance and debt consolidation
Working Capital raising
Property improvement
Business expansion

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	To achieve more favourable lending rates, experience in your chosen business sector is essential, as is a detailed business proposal and indication of expected fiscal returns. If this is not possible then we also offer full non status and self certification commercial finance with loan to values up to 85%. It is important to consider that the some parts of the commercial property sector are viewed by many financial institutions as high risk lending opportunities, limiting the funding options in many cases. However as the majority of our consultant team is aware of the complexities of this we are well used to dealing with leisure or investment based commercial mortgages, from small bistros to large central London nightclubs, the borrower can be assured we will negotiate competitive funding based on the proposition. Please see below for examples of what we fund and the typical conditions attached: Farms Pubs, restaurants Shops, shops with living accommodation Hotels, guest houses, holiday lets Industrial units, factories, offices, warehouses For borrowers looking to raise between £50k and £10m, our process is geared towards being simple, quick and flexible. Mortgage products are available with terms up to 30 years, generally up to 85% LTV and have an option for self certification of income. It is important to distinguish that we provide a mortgage product and therefore the advance is made against the market value of the property, excluding goodwill and any fixtures or fittings. We are able to lend up to 90% of purchase price for sitting tenants purchasing at a discount (subject to this not exceeding any LTV restrictions on valuation) and 100% advances can be made with additional security (either residential or commercial property) from the borrower. The product is available at a margin of between 2% and 5.5% over Libor depending upon the LTV and status of the applicant. Early repayment charges apply. The product can be used for any purpose by the applicant including; New business start-ups Business turnaround solutions Short Term Finance and debt consolidation Working Capital raising Property improvement Business expansion
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