As a lender committed to meeting the evolving needs of the market, we’re focused on delivering practical lending solutions for real-world businesses.
That’s why we’re excited to launch Owner Occupier Finance, the latest addition to our commercial offering range. This product enables brokers to support their business-owner clients who may be looking to purchase or refinance the premises they currently own or trade from and establish long-term value through property ownership.
Why ownership appeals
From renting to ownership: Many business owners who rent their premises eventually ask whether it would make more sense to own the property they operate from. Owner Occupier Finance gives brokers a clear way to help clients turn that question into a long-term growth strategy.
Raising capital for growth: Business owners planning to expand may also need to raise capital to support their growth. The product provides another route for brokers to help clients unlock funding through the property they own and occupy.
Ownership can provide greater control over the property, including how it is used, stability for the years ahead and the chance to build long-term value in an asset the business owns or occupies. Whether it’s a purchase or a refinance, this new product allows us to provide more flexibility to meet the specific needs of business owners which traditional lenders may not be able to accommodate.
Key features
- A 5-year fixed rate, with terms from 5 to 30 years
- Capital repayment and interest-only options available
- Individuals, limited companies, LLPs, and business partnerships with up to four applicants, and partnerships
- Loans from £100,000 to £3m at up to 75% LTV for standard sectors
- Loans from £100,000 to £2.5 million at up to 70% LTV for specialist sectors
- Purchase and remortgage, with capital raising considered for any legal purpose, subject to criteria
- Affordability is assessed against the business’s latest EBITDA, helping provide a more accurate reflection of current trading performance
- Applicants must have a minimum of two years’ trading history, and the security property must be located in England or Wales.
Sectors considered
Owner occupiers cover a wide range of properties and securities in both standard and specialist sectors.
Standard sectors include:
Holiday lets, Healthcare, Offices, Retail, Industrial, Storage, Automotive, Data centres, Garden centres, Food outlets, Children’s day nurseries, Student accommodation, Hotels, guest houses and B&Bs
Specialist sectors include:
Pubs, Education, Leisure, Sports venues, C3B, Petrol stations and nightclubs by referral
Find out more
For more information about Owner Occupier Finance or any of our commercial mortgage products, click here to view our updated product guide. You can also submit your case through the intermediary portal, speak to your dedicated BDM, or reach out to the team at commercial@mt-finance.com.
