Summary: Securing a commercial mortgage involves more than just the loan amount. You should expect to pay several upfront fees, including arrangement, valuation, legal, and broker fees, which can total 2-5% or more of the loan value. Failing to budget for these costs or meet repayments can put your property at significant risk.

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13th Feb 2026

by Simon Carr

How Much Deposit Is Needed for a Commercial Mortgage in the UK?

Summary: You will typically need a deposit of between 25% and 40% for a commercial mortgage in the UK. The exact amount depends on the lender’s assessment of risk, which is influenced by your business’s financial health, the type of property, and your industry experience. A larger deposit generally improves your chances of approval and may lead to better interest rates.

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13th Feb 2026

by Simon Carr

What’s the Difference Between Secured and Unsecured Commercial Finance?

Secured vs. unsecured commercial finance: What’s the difference? Understand the key distinctions between these funding options for your business. Learn about t

13th Feb 2026

by Simon Carr

How can I get the best deal on a commercial mortgage?

Learn how to secure the best commercial mortgage deal in the UK. We cover preparation, understanding rates, comparing lenders, and strengthening your applicatio

13th Feb 2026

by Simon Carr

How Long Does It Take to Get Approved for a Commercial Mortgage?

Summary: Getting approved for a commercial mortgage in the UK typically takes between two and six months from start to finish. This timeline can be influenced by the complexity of your application, the lender you choose, and how quickly all parties provide the necessary information. Delays are common, so planning ahead and having your documents in order is essential to avoid problems.

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13th Feb 2026

by Simon Carr

How Does a Mixed-Use Property Affect Commercial Mortgage Applications?

Applying for a commercial mortgage on a mixed-use property? Learn how the blend of commercial and residential elements impacts your application, including valu

13th Feb 2026

by Simon Carr

What is the difference between a commercial mortgage and a business loan?

Confused about business finance? Learn the fundamental differences between commercial mortgages and standard business loans in the UK, covering purpose, securit

13th Feb 2026

by Simon Carr

Can I Combine a Commercial Mortgage with Other Forms of Finance?

Combining a commercial mortgage with other finance options for your UK business can be beneficial, but it’s crucial to understand the implications. This FAQ exp

13th Feb 2026

by Simon Carr

Understanding How Can Refinancing a Commercial Mortgage Save Money for UK Businesses?

Summary: Refinancing a commercial mortgage primarily saves money by securing a lower interest rate or extending the repayment term to reduce monthly outgoings. However, potential savings must be weighed against associated costs, such as early repayment charges and arrangement fees, to ensure the move is financially beneficial.

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13th Feb 2026

by Simon Carr

how has buy to let market changed for landlord

Discover how has buy-to-let market changed for landlords in the UK. We explore tax reforms, tighter mortgage lending, rising interest rates, and regulatory comp

13th Feb 2026

by Simon Carr

Can you get a commercial mortgage for a start-up business?

Start-ups face unique challenges securing commercial mortgages due to lack of trading history. Learn how new businesses can strengthen their application and wha

13th Feb 2026

by Simon Carr

How Does a Recession Affect Commercial Mortgage Interest Rates?

How do recessions impact commercial mortgage interest rates in the UK? Learn about the relationship between economic downturns and borrowing costs for commerci

13th Feb 2026

by Simon Carr

Understanding What Additional Costs Should I Be Aware Of With A Commercial Mortgage?

Summary: While interest rates dictate the long-term cost, you must budget substantial sums for upfront expenses, including arrangement fees (often 1% to 5% of the loan), legal fees (covering both your solicitor and the lender’s solicitor), and mandatory Red Book valuations. These costs are typically payable regardless of whether the deal completes, representing a significant initial outlay.

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13th Feb 2026

by Simon Carr

What Documentation is Required for a Commercial Mortgage Application?

Expert answer to What documentation is required for a commercial mo. Get professional Commercial Finance advice from Promise Money’s specialists. Compare rat…

13th Feb 2026

by Simon Carr

How Does Brexit Affect Commercial Mortgage Availability in the UK?

Brexit has significantly impacted the UK commercial mortgage market. Lenders have become more cautious, leading to stricter lending criteria and potentially re

13th Feb 2026

by Simon Carr

What is a LIBOR-based commercial mortgage, and how does it work?

Learn what is a LIBOR-based commercial mortgage, how it works, and why this benchmark is being phased out. Understand the crucial shift to risk-free rates (RFRs

13th Feb 2026

by Simon Carr

How Can a Business Qualify for a Commercial Mortgage in the UK? An Expert Guide

Summary: Qualifying for a commercial mortgage typically requires demonstrating consistent business profitability, possessing a significant deposit (usually 25% or more of the property value), and having directors or owners with clean personal credit histories. Lenders assess both the viability of the business and the suitability of the property itself, and applicants must be prepared to provide extensive financial documentation and often a personal guarantee, meaning your personal property may be at risk if repayments are not made.