Remortgaging a commercial property for our client

Find out how we secured a new deal on a commercial mortgage for our client’s retail premises. 

Securing a New Commercial Mortgage

We were introduced to a client who was looking to refinance a well located semi-commercial property, as the rate they held with their current lender was coming to an end. 

The client has owned the property since 2017 and has run a successful newsagents and off licence on the ground floor ever since. The three-bed flat above the retail unit was once the family home, but the client purchased a new home in 2021 and it is now on an assured shorthold tenancy agreement.

We identified Allica Bank as the perfect lender for the client’s needs, who offered a new like-for-like loan with a better interest rate than the other potential options the client had available. 

Overview of Case Study

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