Commercial Mortgage for an Existing Client


A refinance of a newly refurbished semi-commercial property was required.


We had previously arranged a bridge to allow the client to buy a property with a vacant pub on the ground floor, with the aim of updating and converting the residential element above into buy-to-lets. As this created new properties with new tenants, we had to find a lender willing to pay off the bridge and raise capital to pull cash back from the project.


A commercial mortgage was sourced – interest only for 25 years on a 5 year fixed rate.