Non Status Commercial Mortgages
The products and services promoted here are not part of the Openwork offering and are offered in our own right. Openwork Limited accept no responsibility for this aspect of the business. These products are not regulated by the Financial Services Authority.
Most of the UK building societies and high street banks lend to low risk businesses, usually where the business has built up a credible trading history. However, where this is not available, Tudor Financial Consultants will secure a non status commercial mortgage.
We can arrange:
- Loans up to 85% of bricks and mortar value
- Loan periods up to 30 years
- Up to 3 years interest only option available
- Borrowing for any purpose
- Simple applications
There is no need for audited accounts when applying for a non status commercial mortgage. Therefore mortgages can be obtained for start up and loss making businesses, or those with County Court Judgements, mortgage arrears, no accounts, or poor credit rating.
Almost all commercial property is acceptable, including pubs, hotels and restaurants, farms, factories, semi commercial premises, offices, investment properties, retail premises, hotels and guest houses, takeaways, cafes and holiday lets.
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