Commercial Mortgages for Doctors

If you are a doctor looking to buy a practice then a common way to fund the purchase would be to use a commercial mortgage. Whether you are buying the property or business as your first venture or moving premises to expand a growing business. Amounts you can borrow can be 100% LTV (loan to value) however additional security would be required. Additional security could take the form of your residential home, land with a resale price or and additional commercial property with equity.

Commercial mortgages for doctors can be applied to by Limited Companies, Individuals, Partnerships and Sole Traders. Bad credit customers and customer that can't provide proof of earnings can also apply through self certification. Adverse credit history customer such as those with CCJs, IVAs previous bankruptcy or mortgage arrears will get higher interest rates than excellent credit history applicants, but the can still qualify.

If you are a new business then the optional interest only period can help reduce costs in the early part of your businesses life. Whether you are a General Practitioner (GP) or a plastic surgeon setting up your own private practice find out more about our commercial mortgages for doctors by filling in the 2 minute application form.