Bad Credit Commercial Mortgage Advice
Let us put you in touch with one of our mortgage experts who will give you impartial advice and help you find suitable commercial mortgage products for you even when you have a bad credit score.
No credit search conducted
Working with leading lenders ...
We work with high street and other lenders so you’ll get access to some the best deals that you may be able to apply for.
Why use us?
From the information you provide to us, our experts will search the market and find the most suitable products for you. If you are happy with the product on offer, we will handle all the necessary paperwork for you, including any relevant applications, to ensure that everything runs smoothly for you.
From just a few minutes completing some basic information, we will quickly search for suitable financial products for you.
We’ve helped thousands of customers secure financial products and service so you know that you are in capable hands.
Reduced stress & time saving
Choosing the right financial product is time consuming and can be stressful, so remove much of this by putting it in the hands of one of our financial experts.
Whatever type of financial product or service you are looking for, our service is reliable and always matched to your own personal circumstances.
Whether you’re looking for Mortgage Advice, Loan Advice or Insurance Advice or any other financial product or service, we can help you…
“Did a great job helping us with our mortgage. I would recommend!”
So ... how can we help?
Buying a financial product such as a mortgage can be the biggest decision made in our lives. It is for this reason that impartial advice is critical from qualified advisors.
Bad Credit Commercial Mortgages
Trying to secure a commercial mortgage with bad credit is difficult but not necessarily impossible. There are a lot of commercial lenders on the market that will consider applicants who have bad credit.
If you have just started exploring the option of a commercial mortgage with bad credit the best thing you can do is to speak to a professional adviser. Our team at Finance Advice Centre are highly experienced and knowledgeable in finding potentially the most suitable deals for you.
How can you potentially get a commercial mortgage with bad credit?
Getting a bad credit commercial mortgage mostly depends on:
- The lender you go to
- The structure of your mortgage application
- Dates of your bad credit
- Severity of your bad credit
- Criteria of the commercial property
- Your current financial situation
As previously mentioned there are a number of bad credit mortgage lenders that specialise in commercial property and finance. However, they will still have assessment criteria that you will need to adhere to. An adviser from our team can look at your individual circumstances and aim to provide you with some viable options for your commercial mortgage.
The criteria of your commercial project
Lenders will assess the potential income that your commercial property or project can generate. If the numbers paint a positive picture for the lender, it gives credibility to your application. There are a wide range of possibilities on what the criteria for your commercial property could be. It could be anything from simply buying a commercial building, to a property that has attached residential flats, development finance and so on. The commercial projects that may be possible with bad credit are as follows:
- Commercial buy to let
- Retail units
- Industrial units and factories
- Events and banqueting halls
The criteria involved in your commercial project will either add or remove lenders that you can approach. It is essential to get the numbers correct and if you are not fully sure, our advisers can go through it with you ready for your application.
Preparing a commercial mortgage application
A specialist adviser will be your best option in ensuring your application is structured in the right way and contains all the information the lender will need. A normal mortgage application is complex enough, a commercial one is even more so, and with bad credit on top of that you will need to be completely confident that your application has no mistakes. Making the most of the skills and knowledge of a professional mortgage adviser may potentially save you time, money, and frustration during the process.
Commercial lenders that may accept bad credit
Each lender will have their own individual criteria which can make them better suited to certain applicants. So, based on your personal and financial situation there will be lenders that are more appropriate for you than others. Submitting your application with the most well-suited lender to you is extremely important, especially when applying for a commercial mortgage with bad credit. This is because a commercial mortgage is similar to a business proposition, the calculations need to appeal to the lender. A commercial lender will generally consider the balance of your proposition in relation to your bad credit. Commercial lenders may also lend on certain types of projects more than others, so it is beneficial to carefully plan your approach.
If you’re looking for a bad credit commercial mortgage or any other type of mortgage get in touch with us at Finance Advice Centre. Our professional advisers tailor their service around your personal circumstances and will work with you to make sure you’re applying with potentially the most suitable lender for you and your application is a strong and appealing prospect and so more likely to be approved.
As a mortgage is secured against your home or property, it could be repossessed if you do not keep up the mortgage repayments.
The Financial Conduct Authority does not regulate Commercial Buy to Lets and some forms of Commercial Mortgages and Development Finance.
Our approach - and how we do it
We love speaking with our clients. Either give us a call or fill in one of our contact forms. Remember, we love a challenge!
One of our Advisors will then find out what you’re looking to do, discuss your options and answer any questions you may have.
Your Advisor will find the best option for you and help arrange things. You then sit back and relax while we do the rest.
Ready to assist you.
Choosing a financial product or service, such as a mortgage, remortgage, loan or insurance can be daunting and your choice is a decision you need to get right. For this reason, it is vital that you get impartial advice from competent and qualified advisors. Whether you are a first-time buyer, looking to remortgage, hoping to remortgage or even buy a property to let, needing a loan or insurance this is where our advisers excel.
Be reassured that our aim is to guarantee reliable financial advice appropriate to any individual that makes contact with us. Through our network of contacts, we have access to thousands of financial products, from mortgages to loans to insurance, so we are confident that we’ll find one to suit you.
See what our customers think ...
I would highly recommend the mortgage advice service Alice Hale was amazing throughout she is a credit to your organisation and helped us secure our dream home
We had a long journey buying our first home together and recent pandemic events didn’t help matters. Every step of the way, our advisor Steve was supportive, positive and we had every confidence in him. He was able to arrange a good deal for us and we were able to move into our dream house this autumn.
I used George from the finance advice centre to get my mortgage, and he was nothing but amazing! Talked me through every step, always easy to get hold of ! And got me a brilliant product I would highly recommend him, just brilliant 5 stars from me
What a Fantastic Service from start to finish. Great customer support from Ben Patten & Joe Frayne, superb product knowledge and exceptionally responsive to emails/calls, we can 100% recommend the Finance Advice Centre Ltd , they got us a great deal on a mortgage with suited life insurance, especially during this very difficult Covid 19 time ……
From start to finish, Greig and Emily were very helpful with our mortgage application. The advice Greig gave us was very clear and informed. They were always available either by phone or email to answer any questions we had. The whole process was made a lot easier because of the work they did. Would thoroughly recommend
Let us do the work of finding your mortgage
We’ll put you in touch with impartial advice from an expert mortgage advisor who will help secure you the best mortgage deals available.