🏢 Commercial Mortgages in Horsham

📍 Buying or refinancing a trading premises in Horsham, Southwater or Broadbridge Heath? From owner-occupied units and professional offices to semi-commercial high-street properties, we help businesses and investors arrange commercial mortgages matched to their plans — with clear guidance on affordability, valuation and legal requirements.

👥 Who we help

• 🏬 Owner-occupiers: Shops, offices, clinics, workshops and light industrial units.
• 💼 Commercial investors: Single-let and multi-let units, FRI leases, ground-floor retail with flats above.
• 🏘️ Semi-commercial: Mixed-use (e.g., retail + residential), including refinance after conversion.
• 🏢 SPV or trading company: Purchases in a limited company, LLP or personal name.

🔍 How lenders assess commercial cases

• 💰 Affordability: Debt service cover (DSCR) based on business profits or rental income — many target 1.25×–1.5×.
• 📉 LTV: Typical ceilings: owner-occupied up to ~70%–75%; investment ~65%–75% (case-dependent).
• 📊 Track record: 2–3 years’ trading for established firms; start-ups may need larger deposits and solid projections.
• 📑 Security: First legal charge on the property; debenture/PGs are common for company purchases.
• 📄 Lease quality (investment): Term remaining, break clauses and tenant covenant strength; FRI terms preferred.

💷 Terms & pricing (guide)

• 🗓️ Repayment profile: 5–25 years (interest-only sometimes available on investments).
• 📈 Rates: Fixed or variable; pricing depends on risk, LTV and asset type.
• ⚖️ Fees: Arrangement (often 1–2%), valuation, legal — we compare total cost, not just the rate.

📌 Local considerations

We regularly package cases for units around Horsham town centre and local trading estates (e.g., Foundry Lane areas), plus semi-commercial stock along key high streets into Southwater and Broadbridge Heath. We’ll make sure the valuer and lender get the right comparables.

📂 What we’ll need

• 📑 Last 2–3 years’ accounts and up-to-date management figures
• 📝 Business plan & projections (start-ups/expansion)
• 🏠 Lease details & rent schedule (investments)
• 🪪 Identification, asset & liability summary, bank statements

📝 Process — from enquiry to completion

1. 📞 Scoping call: Objectives, structure (SPV vs trading), timescales.
2. 📋 Heads of Terms/AIP: Indicative pricing and LTV once numbers stack.
3. 🏗️ Valuation & underwriting: We handle lender queries and liaise with your accountants/solicitors.
4. ⚖️ Offer & legals: Conditions agreed; security and documents completed.
5. ✅ Drawdown: Funds released; we diarise a review ahead of any fixed-rate expiry.

❓ Commercial Mortgage FAQs (Horsham)

📉 What’s the max LTV?

Often 70–75% for owner-occupied and 65–75% for investment, subject to DSCR, lease quality and property type.

✍️ Do lenders require personal guarantees?

Frequently yes for limited companies; strength of the deal can influence the level and who signs.

⏳ How long does it take?

Commonly 6–12 weeks depending on valuation and legal complexity.

🏘️ Can I finance semi-commercial (shop with flats)?

Yes — lenders assess both the commercial lease and residential elements; LTV and pricing vary by mix.