Products

Commercial Investment Mortgage

This mortgage is available for the purchase of a property to rent out or which is let already. It can also be used to purchase a property through a pension scheme.

Norwich and Peterborough Building Society can offer 75% of the lower of the purchase price and the open market vacant possession or investment valuation. Where the tenant is a household name, lower interest rates and higher loan to value ratios are sometimes available.

Submit an enquiry for a commercial investment mortgage.

We consider the following properties suitable for investment purposes:

Industrial units, factories and warehouses
Offices
Retail shops
Restaurants
Residential investment properties

We also lend for Self Invested Pension Scheme and Self Administered Pension Scheme purchases.

We do not consider the following properties suitable for investment purposes:

Petrol filling stations
Farms
Hotels and guest houses
Public houses
Nursing and care homes
Speculative developments
Leisure (golf courses, leisure centres, equestrian centres)
Unusual securities - lighthouses, windmills, castles

All loans are subject to status and secured against property. Sometimes other, additional security may be required. We do not lend to offshore companies.

We offer:

Attractive interest rates (Linked to margins above LIBOR* or bank base rate, or a fixed rate).
A flexible mortgage (click here to see details)
Personal service
Fast award-winning service and turn around
In most cases, decisions made by the lending manager handling your application!
Experienced lending team
No fees charged for annual reviews.
No compulsory insurance arrangements
Please ring our Commercial Department for information on 01733 374123

*LIBOR stands for London Inter Bank Offer Rate. It's the rate of interest at which banks offer to lend money to one another in the City of London.

Submit an enquiry for one of our commercial mortgage products.