Commercial mortgages in Aberdeen
CoreFi arranges commercial mortgages for Aberdeen limited companies, whether you are buying premises to trade from or holding property as an investment. We approach a whole-of-market panel to match offices, industrial, retail and mixed-use property to the right lender. We are a broker, not a lender.
A commercial mortgage is longer-term funding secured against business property, used either to buy premises your company trades from or to hold property as an investment. CoreFi arranges it as a broker, comparing a whole-of-market panel so the facility fits the building, the tenant and how you use it, rather than the other way round.
Aberdeen's commercial property market has its own character. A large office stock built around the energy sector, industrial estates at Altens, Tullos and Bridge of Don serving the supply chain, retail and hospitality in the city centre and along Union Street, and mixed-use granite buildings throughout. Whether you are an owner-occupier buying your own unit or an investor with a let building, the right lender is the one that understands that market.
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Tell us about the property and your plan
Share the premises, whether you will trade from it or let it, the purchase price and your company's position. Even outline figures let us gauge which lenders are realistic.
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We match it to lenders
We approach commercial mortgage lenders on our whole-of-market panel that suit your property type and the Aberdeen market, then return indicative terms to compare.
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Complete and draw down
You choose the facility that fits. We help package the case and manage it to the lender's decision so you can complete on the premises.
Owner-occupier and investment mortgages
Commercial mortgages split broadly into two types, and lenders treat them differently. An owner-occupier mortgage funds premises your own business trades from, so the lender looks closely at the trading company behind it, its accounts and its ability to service the loan from operating cash flow. That suits an Aberdeen engineering firm buying its workshop in Altens, a professional services practice acquiring city centre offices, or a trades business securing a yard near Bridge of Don. An investment mortgage funds property you let to a tenant, so the lender focuses on the lease, the tenant covenant and the rental income. Terms, rates and loan-to-value differ between the two and vary lender to lender, so everything we outline early is indicative until a lender assesses the specific case.
The Aberdeen commercial property market
Aberdeen carries a distinctive stock. The office market is unusually large for a city this size because of the energy sector, and demand has shifted as the industry has changed, which affects both values and lender appetite. Industrial and warehouse property on the Altens, Tullos and Bridge of Don estates underpins the subsea, fabrication and offshore-logistics supply chain and tends to be viewed steadily by lenders. Retail and hospitality along Union Street and through the city centre reflect wider high street pressures. Mixed-use granite buildings, often with commercial on the ground floor and residential above, are common across areas like Rosemount and Ferryhill and can suit particular lenders. Because appetite varies so sharply by property type here, the choice of lender matters more than in a more uniform market, and that is exactly where a whole-of-market broker helps.
Why whole of market matters for premises
Commercial mortgage appetite is uneven and location-sensitive, and in Aberdeen that is amplified by the energy sector's influence on values. A lender keen on industrial units serving the supply chain may have little interest in a large city centre office, and a lender comfortable with a strong-covenant let investment may shy away from an owner-occupier whose trade is tied to a cyclical sector. Because we work across a whole-of-market panel, we can steer your case towards lenders genuinely likely to engage, and compare them on the things that affect the real cost: rate, term, loan-to-value, whether the rate is fixed or variable, and any early repayment terms. For a business committing to premises for years, getting that comparison right is worth doing properly, and we are honest about where the market is tight.
Frequently asked questions
What is the difference between an owner-occupier and an investment commercial mortgage?
An owner-occupier mortgage funds premises your own business trades from, so the lender assesses your trading company and its cash flow. An investment mortgage funds property you let out, so the lender focuses on the lease, the tenant and the rental income. We help you pursue the right route; the lender decides the terms.
What types of commercial property can be mortgaged in Aberdeen?
Offices, industrial and warehouse units, retail premises and mixed-use buildings can all be considered across the city and North East. Whether a specific property is fundable, and at what loan-to-value, depends on the property, the income or trade behind it and the lender. Early figures are indicative only.
How much deposit or equity will I need?
Lenders typically expect a meaningful contribution, and the loan-to-value they offer depends on the property, the covenant or trade and the wider market. In Aberdeen, appetite varies by property type. Any loan-to-value we mention is indicative and illustrative until a lender assesses the case.
Does CoreFi provide the commercial mortgage?
No. We are a broker, not a lender. We arrange commercial mortgages by matching your Aberdeen premises to lenders on our whole-of-market panel. The lender assesses the property and your position, decides whether to lend and sets the rate and terms.
Get matched with lenders for your Aberdeen business
Tell us what your business needs and we will match you with lenders whose criteria fit. No obligation, no cost to start the conversation, and a straight answer about what is realistic for your situation.
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