Thursday, 15 February 2007

Commercial Mortgage Advice Online


A lower cost commercial mortgage will increase the bottom line profit of a business. Hanson Wealth Management is a practice of (Independent Financial Advisers), Independent Mortgage Brokers and Independent Commercial Mortgage brokers covering the whole of the UK. We provide advice and recommendations via face-to-face meetings with our team of specialist advisers or we can complete transactions over the Internet for clients using advanced technology and research systems.

Commercial Mortgages

As well as arranging finance for new purchases, we offer a no cost review of current commercial mortgages. We can arrange a decision, subject to valuation, usually within 24 to 48 hours. It costs nothing to obtain the details. We can arrange finance up to 85% of the total available bricks and mortar security either with or without accounts. The 'No accounts' facility is particularly useful when the existing accounts do not reflect the true potential of the business. High street banks are rarely helpful in these circumstances.

One of the easiest ways for many businesses to increase bottom line profit is to review the costs of their commercial finance. In the same way that individuals change mortgage lenders to obtain better deals, businesses should carry out a review every couple of years.

Hanson Medical and Professional is the commercial mortgage team for Hanson Wealth Management and are headed up by George Knox. George has worked as a commercial finance specialist for 24 years and has a background in both mainstream and private banking.

The process for commercial mortgage enquiries

We telephone the client and discuss the requirements. Using that information, our experienced research team will source the most appropriate and competitive lender and obtain an offer, subject to valuation. This is provided to the client on a 'no cost' basis. The client is provided with full details of the costs, charges repayments, etc. and, if they are happy to proceed, we collect the valuation fee and arrange the valuation. We then manage the case through to completion keeping all parties involved updated with the progress.

No Mortgage broker fees

We do not charge broker fees for commercial mortgages or residential mortgages which keeps us very competitive. We maintain a high volume of transactions through a very efficient process, which allows us to manage our business solely on the procuration fees, paid by lenders.

Visit our main website and try us out today. You have nothing to lose!

For more information, you may wish to contact an IFA (Independent Financial Adviser) who will be able to take you through the options available to you and help you find a deal to suit your needs. Hanson Wealth Management would be happy to talk you through your options, you can contact us on 0800 881 8085 or alternatively you can leave your details on the application form here.

Wednesday, 31 January 2007

Commercial Finance

Most lenders offer commercial mortgages, but applicants must satisfy specific lenders' criteria. Some lenders may accept applications where there is a complex credit history, whereas some insist upon a positive personal credit rating and clear evidence that your business is creditworthy. Most will apply a loan-to-value ratio and will expect you to invest a proportion of the purchase value. (Often at least 15%.) However it may be possible for equity in other assets to be considered.

The lender's decision will also depend on your current business circumstances - most commercial lenders will expect your business to be stable and profitable. They may ask to see your business plan and long-term financial projections, to assure themselves that your business has, and will continue to have, the ability to make full repayments on the loan.

For more information, you may wish to contact an IFA (Independent Financial Adviser) who will be able to take you through the options available to you and help you find a deal to suit your needs. Hanson Wealth Management would be happy to talk you through your options, you can contact us on 0800 881 8085 or alternatively you can leave your details on the online commercial finance form.

Hanson Wealth advisers have access to various tools and applications which can sift through the lenders based on your personal requirements to find the best deal for you.