Islamic Commercial Property Finance
Available up to 65% (70% may be possible for very strong cases and prime locations).
Initial Profit Rate as low as 5.5%
Early Payment Charge = £0
This product offers an alternative to conventional commercial loans for those who wish to purchase their commercial property, switch their mortgage or raise capital from the equity for for Commercial Investment, Semi-Commercial and Owner-Occupied purposes, for both UK residents/entities and UK Expat/International residents.
Retail with attached living accommodation
Purpose built student accommodation
Limited Liability Partnership (LLP)
Private Limited companies (LTD) including
Special Purpose Vehicle (SPV)
Application Fee = typically 1% to 2% of finance amount.
The application fee is payable on completion and deducted from the finance amount though a part payment maybe requested earlier.
Valuation Fees and Legal Fees will also apply.
An Account Settlement Fee is also payable at the end of the finance plan or on earlier settlement.
Fees and charges cannot be added to the finance amount.
Minimum finance amount £200,000
Maximum finance amount £5m - for higher amounts please contact us.
Maximum Finance to Value (FTV)
Purchase 65% to 70% (dependant on location)
Refinance 65% to 70% (dependant on location)
Please note the minimum property value required is £750,000 and must be located in England and Wales.
*currently the maximum term may be restricted to 3 years
Profit Only and Amortisation (Profit and repayment)