Commercial Mortgages Case Study One

Married clients were company directors who wanted to raise funds from a remortgage of the commercial premises due to recent losses. Their existing lender at the time would not agree due to the accounting information.

Alan successfully arranged a 30 year commercial mortgage on an interest only basis which enabled the company to reduce their outgoings and put the business on to a firmer financial footing.

The company will be able to remortgage again in 3 years’ time when it has returned to profitability due to the financial restructure and lower interest margins will be available.