COMMERCIAL AND SEMI-COMMERCIAL MORTGAGES
Funds can be successfully arranged for the following purchases and projects:-
- (1) Shops
- Purchase, extension, refurbishment or refinance.
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- Up to 85% of purchase price (100% for sitting tenants).
(2) Restaurants - Hotels - Public houses
- Purchase, extension, refurbishment or refinance.
- Up to 75% for purchase.
- Up to 85% for refinance.
- 100% may be available for sitting tenants.
(3) Rest Homes - Nursing Homes
- Purchase, refinance or development.
- Up to 75% available for purchase.
- Up to 85% for refinance or development.
(4) Offices- Industrial Premises
- Up to 75% for purchase.
- Up to 85% for refinance or development.
- Sitting tenants may borrow up to 100% of purchase price.
(5) Residential or Commercial Investment
- Up to 85% of bricks and mortar for refinance and development.
- Special rates for blue chip tenants.
- Up to 75% of purchase price available.
(6) Property Development
- Tailored to the project or long term loan.
- Up to 65% of land cost.
- Up to 75% of development costs.
- Interest roll up facility available.
- Up to 100% of project costs if sufficient security is provided.