Can my business buy its own property?

Yes it is possible for a business to buy its own freehold property in conjunction with a commercial mortgage.

Owner occupied commercial mortgages are looked at more favourably than commercial investment mortgages, as the lenders see less risk.

You should be able to obtain a standard loan of around 75% of the property value but this does depend on your trade and the strength of the business accounts.

Commercial finance is assessed differently to a residential mortgage for purchasing your own home. A commercial lender will look at the financial viability of the business. This will include affordability for the proposed repayments, available deposit and the property to be used as security.

Owning your own trading premises can provide stability and longevity for a business, as well as being a rewarding investment opportunity.

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