industrial
Purchasers of industrial property will normally be able to borrow up to 80% of the value of a property, provided that the mortgage application is accompanied by a plausible business plan. At Commercial Lending we have helped secure finance for a number of different industrial properties including factories, lock ups, building yards and warehouses.
Although suffering increasing competition from the Far East and Eastern Europe, in particular, the manufacturing sector still accounts for around half of the UK's exports and one sixth of its Gross Domestic Product (GDP). The market for industrial property is still healthy in many areas, but regional variations do exist.
A commercial mortgage on industrial land can be used by both start-up and current businesses to purchase new premises or to refurbish, expand or refinance existing industrial properties.
