Industrial mortgages

Industrial finance is available for warehouses, manufacturing facilities, distribution centers, logistics hubs, and other industrial properties. The specific criteria and terms vary depending on the property type, size, and operational requirements.

Industrial mortgages typically require deposits of 35-40% of the property value, though this can vary based on your experience, the property type, and the lender's criteria. Higher deposits may be required for new operators.

Most lenders prefer borrowers with previous industrial operational experience, though some may consider applications from those with relevant business backgrounds and strong management teams.

Yes, industrial mortgage rates are typically 2-3% higher than standard rates due to the increased risk and operational complexity. Rates may vary based on your experience and the property's performance record.

Industrial properties must comply with various regulations, including health and safety requirements, environmental standards, and planning regulations. Lenders will assess your ability to meet these requirements.

Yes, though new build industrial properties may require higher deposits and more detailed planning. You'll need to demonstrate that the property meets all regulatory requirements and has appropriate facilities for industrial operations.

Lenders expect some variation in occupancy and typically require you to demonstrate sufficient reserves to cover mortgage payments during low occupancy periods. Some lenders may require 6 months' payments in reserve.

Some lenders will consider mixed-use properties with industrial elements, though the criteria may be more complex. You'll need to demonstrate that the industrial portion meets all requirements and generates sufficient income.

Industrial properties require specialist insurance including buildings, contents, public liability, and business interruption insurance. The lender will specify the required insurance levels and may need to be named as a beneficiary.

Lenders typically assess income based on occupancy rates, rental levels, and operational costs. They'll want to see evidence of stable occupancy and realistic revenue projections based on local market conditions.