Atom Bank Commercial Mortgage Rates
Starting from 75% Loan to Value (LTV), Atom Bank commercial mortgage interest rates are priced manually, depending on the type of commercial property and its use, the interest rates and LTV offered may vary. Speak to a broker at Mortgage Lane to find out more.
Why Choose Atom Bank Commercial Mortgages through Mortgage Lane?
- Direct Access to Competitive Rates: By working with Mortgage Lane, you can secure Atom Bank commercial mortgage rates that are manually priced, ensuring they align with your specific property type and business requirements.
- No Broker Fees: Save money by applying for qualifying Atom Bank commercial mortgage products directly through us, without any hidden costs or broker fees.
- Customised Loan Options: Atom Bank’s commercial mortgage options begin from 75% Loan to Value (LTV) and are adjusted based on the property’s use, the borrower’s profile, and market conditions.
Who Can Apply for Atom Bank Commercial Mortgages?
Atom Bank provides flexible commercial mortgage solutions to a diverse range of borrowers, including:
- Limited Companies and Public Limited Companies (PLCs)
- Limited Liability Partnerships (LLPs)
- Traditional Partnerships
- Sole Traders
Regardless of your business structure, Mortgage Lane is here to help you navigate the application process with ease and expertise.
Understanding the Credit Assessment Process
When you apply for an Atom Bank commercial mortgage through Mortgage Lane, a detailed credit assessment will be conducted to ensure your application meets all necessary criteria. This includes credit checks on key individuals, business entities, and any linked addresses over the past three years. We also conduct thorough searches on associated companies and any connected individuals to verify the financial stability of the business.
Specialised Commercial Mortgage Solutions
- Care Homes and Healthcare Facilities
- Care Homes: Atom Bank considers financing for care homes with specific conditions, including LTV limits of up to 80% for experienced operators managing homes rated as Outstanding or Good.
- Specialist Care Units: These facilities may qualify for up to 75% LTV, subject to credit quality and specific requirements.
- Healthcare Professionals: Dentists, doctors, and pharmacists can benefit from enhanced LTV ratios, with maximum LTVs up to 95% for certain loan amounts.
- Business and Commercial Properties Atom Bank offers tailored commercial mortgage solutions for a wide range of business properties, ensuring that each loan is designed to meet the borrower’s unique needs. For loans up to £5 million, the maximum LTV available is 75%, with tailored assessments based on property value and market conditions.
Industries and Sectors Excluded from Financing
Atom Bank takes a selective approach to the sectors it supports. They do not provide commercial mortgage financing to businesses involved in industries such as:
- Gambling and Nightclubs
- Pornographic Material Production
- Political or Religious Organisations
- Defence and Weapons Production
Mortgage Lane will guide you to understand these restrictions to ensure your business aligns with Atom Bank’s lending criteria.
Handling Insolvency and Credit Issues
If your business has faced financial difficulties in the past, it’s important to know that Atom Bank has specific policies regarding insolvency and County Court Judgments (CCJs). There must be no insolvency actions in the last five years for any associated business entities. Atom Bank may still consider applications with minor CCJs under defined conditions.
Get Started with Atom Bank Commercial Mortgage Rates Today
Choosing Mortgage Lane as your partner for securing Atom Bank commercial mortgage rates means you gain a trusted ally in navigating the complexities of commercial financing. Our team of experts is here to help you find the right mortgage solution that fits your business strategy and financial goals.
Commercial Property Acceptable to Atom Bank
- Office block mortgages
- Warehouse mortgages
- Mortgages for Factories
- Industrial mortgages
- Agricultural mortgages
- Smallholding mortgages
- Farm mortgages
- Retail property mortgages
- PBSA mortgages
- Investment property mortgages
- Pub mortgages
- Restaurant mortgages
- Nursery mortgages
- Care home mortgages
- Hotel mortgages
- Children’s home mortgages
- Specialist care and learning disability home mortgages
QUESTIONS ON ATOM BANK COMMERCIAL MORTGAGES
Atom Bank commercial mortgage rates are customised and determined manually, beginning at 75% Loan to Value (LTV). The exact rates depend on the property’s type and intended use.
Yes, through Mortgage Lane, you can apply for specific Atom Bank commercial mortgage products without incurring a broker fee, making the process cost-effective.
Eligible applicants for Atom Bank commercial mortgages include limited companies, Public Limited Companies (PLCs), Limited Liability Partnerships (LLPs), partnerships, and individual sole traders.
Credit checks remain valid for three months; if new relevant information arises in subsequent searches, your application may be reassessed, which could alter the mortgage terms or result in a decline.
Yes, Atom Bank provides commercial mortgage options for care homes, with specific LTV requirements based on the care home’s rating and operator experience.
Yes, healthcare professionals can benefit from enhanced LTV ratios, such as up to 95% for dentists and pharmacists on loans below £500,000.
Atom Bank evaluates CCJs similarly for both personal and business applicants, allowing limited CCJs under specific conditions within the past three years.
Atom Bank excludes industries like gambling, defence, nightclubs, and mining, along with any businesses involved in unethical practices.
Atom Bank performs thorough checks on all relevant directors, shareholders, and associated entities to understand the financial stability of the business.
Applications may be declined if there are issues like insolvency within the last five years, significant CCJs, or association with restricted business sectors.
Mortgage Lane is pleased to be a recognised partner of Atom Bank Commercial Mortgages, providing borrowers with direct access to their mortgage rates and products.
Atom Bank provides commercial mortgage options with a starting LTV of 75%, although the exact percentage may vary based on the property type and business profile.
Credit searches are conducted on all key individuals and businesses involved in the application, covering all UK addresses lived in over the past three years.
Atom Bank considers various commercial property types, including care homes, healthcare facilities, and specialist care units, with specific conditions for each.
For experienced operators managing care homes rated as Outstanding or Good, the maximum LTV can reach up to 80% for purpose-built facilities.
Atom Bank requires that there be no insolvency action within the last five years for the applicant, connected companies, or individuals involved in the application.
For loans up to £10 million, Atom Bank offers an LTV of up to 70%, with conditions based on credit quality. For larger amounts, direct contact with their team is required.
No, Atom Bank does not provide commercial mortgage financing to trusts, pension schemes, charities, or similar entities.
Yes, dentists can access LTVs up to 100% on goodwill loans up to £550,000, while pharmacists have a maximum LTV of 85% on goodwill, provided the loan is secured.
Working with Mortgage Lane grants you expert guidance and streamlined access to Atom Bank commercial mortgage rates, often without a broker fee, making it a strategic choice for businesses seeking competitive mortgage terms.