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Care Home Mortgages
This section focuses on care home finance, whether it be to remortgage your existing care home for refurbishment or expansion or to buy a new care home. The Industry is currently on the rise with the government predicting that by 2031 the number of people over the age of 60 will be nearly 40%. With this in mind, government funding to the care home industry is improving and more individuals are looking to buy a care home due to the great investment opportunities it offers.
Some of the lenders on our panel consider the care home industry to be a key market and their lending criteria reflect this with some of the best care home mortgage rates and terms on offer. We have access to all of these lenders and know which lenders are most competitive in the care home mortgage sector allowing us to offer you the best deals.
Lending Criteria
- Minimum loan of £25,001
- Term of Loan up to 30 years
- 80% Loan to Value
- 100% of the purchase price can be achieved with additional security
- Rates from as little as 2.25% ABR
- Fast completion
First Commercial Funding has completed many care home mortgage deals and we guarantee to find you the best deal in this sector. Submit our quick enquiry form today for a free and instant quotation.
