Commercial Mortgages

Finding the right property for your business

Location is vital. But you must also consider suitability, accessibility, safety, price, flexibility and timing.

Features & Benefits

• Mortgages start from £25,000.
• Loan term of up to 25 years.
• We generally lend up to 70% of the value of the property, and in some cases more.
• Base rate linked and fixed rates are available. If you choose a fixed rate your repayments will remain the same even if the base rate falls.
• If you close your fixed rate mortgage before the end of the agreed term there may be an early repayment charge. There is no early repayment charge for base rate linked loans.

Tell us about your plans and needs, we will then arrange the interest rate with you. An arrangement fee, security and valuation charges will apply. We will then require a first legal charge over the property as security. This means if you are re-mortgaging an existing property, any loan secured on it must normally be repaid before completion.

Any property given as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage or other debts secured on it. All loans are subject to status and we will need your permission to carry out a security check on you and your business. You should not apply for an amount that you cannot comfortably afford to repay.

How do I apply?

A Lloyds TSB Offshore Commercial Mortgage is available to Lloyds TSB Offshore business account holders.