COMMERCIAL MORTGAGES

At the Vernon we have been providing commercial mortgages for more than 25 years. Our dedicated department is staffed by experienced personnel recruited specifically for the purpose and we aim to provide a tailor-made solution to each commercial borrowing proposition.

What are the main benefits?
 
  • Stand-alone facility
  • Flexible lending criteria
  • Competitive interest rates
  •  Loans up to 70% of the purchase price or valuation
  • Loans available for purchase or remortgage
  • No compulsory insurances
  • Reasonable charges
  • Usually no need for seperate legal representation for loans up to £400,000
 
What kind of property can I buy?

Commercial loans are available on properties located within a 25-mile radius of Stockport. We will treat each case on its own merits, however as a guide, the typical property types we will lend on are:
  
  • Commercial development properties for owner occupation or pre-lets.
  • Commercial-industrial properties
  • Commercial investment properties
  • Offices
  • Professional practices
  • Retail properties
  • Schools and nurseries
Fees
 
  • Valuation fee which is dependent upon the purchase price of the property.
  • Solicitors’ costs associated with the purchase, although the Society does not levy any additional documentation fees.
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Further information

If you would like to obtain more details or discuss a particular proposition please contact:
 
Ross Stafford
Commercial Lending Manager
Vernon Building Society
19 St Petersgate
Stockport SKI 1HF
 
Tel. 0161 429 4309
This is how a personal service should be! I would have no hesitation in recommending Vernon Building Society.
Mr D, Kettering