Commercial Mortgages
Whilst we are classed as 'whole of market' advisors in the residential market we have restricted our commercial offering to a panel of providers. This panel has been carefully selected to provide a broad cross-section of lenders that specialise in different areas and have different criteria. Running a panel also ensures that we maintain the highest service standards for our clients.
We focus on giving advice; commercial transactions can be structured in a variety of ways and it is essential we understand the circumstances surrounding the loan before approaching the market. We therefore have a comprehensive fact finding and pre-qualification service.
Broking criteria
Commercial loans are assessed against the following criteria:
- Quality of the business
- Serviceability of the loan
- Quality of the security
- Quality of the individuals
It is our responsibility to ensure that we represent these core areas to our Commercial lenders
Mandatory information
- Last 3 years company/personal accounts
- 12 months bank statements
- Asset/liability statement for Principles
This is the minimum information that we will need to progress a Commercial lending enquiry.
Advice provided to:
- Limited Companies
- Pension Schemes (SSAS/SIPP)
-
Private Individuals
Security:
- Offices & Commercial Units
- Retail
- Pubs & Restaurants
- Doctors Surgeries
- Hotels
- Nursing & Care Homes
- Agricultural property
-
Land
For more information on Oval's Commercial lending division please contact John Bartley on 0115 937 6100.