What is it?
Professional practice mortgages are designed for more specialist professions, such as solicitors, architects, dentist and doctors. These are loans taken out against a commercial property and can be used for a range of business purposes. This type of finance is ideal for the purchase and/or refurbishment of commercial premises, and is also a great option for practices looking to fund investments and the general management of finances.
Professional practices often have specific and sometimes unusual funding requirements which can attract a higher LTV. This can make sourcing finance difficult. Professional practice mortgages can be used to fund a range of business investments and can be tailored to suit your needs. Whether it’s a short-term loan or a long-term finance plan, we can help find the best solution to your client’s funding needs.
Who is it for?
Our typical clients for this type of finance include architects, solicitors, accountants, engineers, design studios, business consultants and financial advisors, to name a few. Our lending partners also specialise in finance for various healthcare practices, including dentists, doctor surgeries, vets, care homes and chiropractors.