NO LONGER OFFERED FOR THE TIME BEING DUE TO BANKING DIFFICULTIES

The scheme works on the Murabaha Principle. Murabaha is a sale contract for selling a specified item at a mutually agreed mark-up (profit) added to the purchase price. The payment of the sale price (purchase price + agreed mark-up) will be broken down into easy payment instalments.

Requirements
Self-cert income is no longer available but please enquire because you may be able to verify your income anyway.

Purchase your business premises.
You can purchase your business premises and here are a few of the examples. You may be offered the property as a sitting tenant, your family may offer you the property due to retirement, it may be a new business for sale (only the property purchase can be financed though) or you can purchase commercial properties as an investor. This is similar to buy to let.

Property
Any freehold or long leasehold business property is acceptable for a commercial mortgage but please see the list of business types in our home page link. Only the property purchase can be funded, not the business.

Mortgage amount
The maximum without additional security is 75% over a maximum term of 30 years. You could borrow more if as a tenant, for example you are offered the property at a discounted price. We could remortgage your home if you do not have enough deposit. Or if you have additional collateral that could be considered.