Commercial property in Horsham
Horsham's town centre is built around the Carfax, West Street, East Street and the Causeway, with shops, restaurants and offices in a mix of historic and modern buildings, and the Swan Walk shopping centre. East Street and the Carfax are known for their restaurants and bars, and many buildings have flats or offices above.
Horsham Enterprise Park, on the former Novartis site, is being redeveloped with homes and business space, and there are industrial and trade estates around the town and towards Southwater. The area's links to Gatwick and the A24 and A264 roads support logistics, aviation-related and professional businesses.
Many Horsham commercial deals involve owner-occupied offices, industrial units and mixed-use buildings. The town centre includes conservation areas and listed buildings, which can affect changes of use, alterations and valuations.
Commercial finance we arrange in Horsham
Commercial mortgages are not one product. We arrange commercial finance for:
- Owner-occupied premises: the business that trades from the building is the borrower.
- Let investments: the rent and the tenant's lease carry most of the weight.
- Semi-commercial property: part residential and part commercial, often a high-street shop with living space above.
- HMOs and multi-unit freehold blocks: residential income, but often assessed in a commercial way.
Professional practices, restaurants and trades are common Horsham commercial borrowers, each assessed differently.
Speak to a friendly, expert Mortgage Adviser about your unique mortgage needs.
We'll search 1000s of products for the best mortgage and present our advice to you.
Your Adviser will complete your application, liaise with the lender and you, keep you informed until completion.
What commercial lenders look at
Commercial lenders weigh up the borrower, the property and the income. Trading businesses usually need recent accounts showing that profit comfortably covers the repayments. Investors need leases, rent and tenant details, and lenders will look at how long is left on each lease. The property type matters too: some lenders avoid licensed premises, specialist buildings or properties with a single, unusual use.
Deposits are typically larger than for a home, often 25% to 40%. If timing is tight or the property needs work before a mortgage lender will consider it, bridging finance can be used and then refinanced. Pension-funded purchases through a SIPP or SSAS are possible for some business owners, with specialist pension advice.
Commercial mortgage advice in Horsham
Commercial cases rarely fit a template, so we start by understanding the business and the building. We are directly authorised by the Financial Conduct Authority (FRN 925926) and rated 5.0 stars from 109 Google reviews. We are based in Hastings and most Horsham clients work with us by phone or video, with documents uploaded securely; you are also welcome at our Hastings office.
We explain our fee and how we are paid before any work starts. Contact us or call 01424 444597 for an initial chat.
Frequently asked questions
Can I buy a Horsham industrial unit with a commercial mortgage?
Yes. Lenders assess your business accounts if you will occupy it, or the lease and tenant if it is let.
Can I get a commercial mortgage on a Horsham town-centre restaurant?
Yes, through lenders that accept hospitality. They will want trading accounts and may need a larger deposit.
Can I buy my business premises through my pension?
Some business owners buy premises through a SIPP or SSAS. The pension owns the property and your business pays it rent. This needs advice from a pension specialist and your accountant; we can arrange any borrowing alongside.
How long does a commercial mortgage take?
It is usually longer than a residential mortgage, often several weeks to a few months, because of commercial valuations and legal work on leases and title. If timing is tight, bridging finance may be an option.
How much deposit do I need for a commercial mortgage?
Typically 25% to 40% of the value, depending on the property, the business and whether you will occupy it or let it. Stronger cases can sometimes borrow more. We will give you a realistic figure once we know the details.
Important: Commercial mortgages are generally not regulated by the Financial Conduct Authority. If you or a close family member will live in at least 40% of the property, the loan may be regulated and we will tell you which applies. Your property may be repossessed if you do not keep up repayments on a loan secured on it.
Transparent Mortgage Services is a trading style of Transparent Financial Associates Limited, which is directly authorised and regulated by the Financial Conduct Authority (FRN 925926). 17 Havelock Road, Hastings, East Sussex TN34 1BP. Telephone 01424 444597.
