Commercial Finance Fees

Commercial Finance – The fees for Commercial Finance can be broken down into two areas; the Broker Fee and the Lender/Professional Fee.

Broker Fees

Procuration Fee -

A fee paid by the Lender to the Broker; typically a percentage of the lender’s acceptance fee.

Lender Fees

Acceptance Fee -

The typical lender will charge a 1% acceptance fee for an average £400,000 long-term commercial loan. The fee is payable on signed acceptance of the written mortgage offer.

Interest Rate -

The interest rate offered at any given time will be determined by the lender; it is typically a set percentage rate above The London Inter Bank Offered Rate (LIBOR), depending on the risk proposition of the funds required.

Other Lenders Fees -

Early Repayment
Sub- Prime lenders
Bridging Finance
Development Finance
Valuation Fees
Legal Fees & Tax