Creating a stir...
Our commercial mortgages, at up to 85% loan-to-value, start at just 6.39% (fixed for 3 years*) including lender's margin.
- Quality commercial properties
- Well spread multi-tenanted property portfolios
- Long term lets (10 years +) to undoubted tenants
- Minimum loan size £10m
- UK only
Case Study #1
Our client, a large UK property fund, was buying a retail asset in the Midlands let on a long FRI lease (15 years unexpired) to one of the UK’s leading food retailers with a net initial yield of 8.1%.
Loan:
LTV:
Blended interest rate:
Debt servicing as a % of income:
£15.0m
£12.8m
85%
7.19% fixed for 3 years
80% first 2 years
91% from year 3
Case Study #2
Our client specialising in long term investments in UK commercial assets had secured the purchase of a retail outlet let on a long lease (18 years unexpired) to a large UK retailer with a net initial yield of 8.5%.
Purchase Price:
Loan:
LTV:
Blended interest rate:
Debt servicing as a % of income:
£29.50m
£22.13m
75%
6.39% fixed for 3 years
74%
0845 210 5000
