Published and reviewed 21 October 2026. General information, not advice. Figures are illustrations, not lender quotes.
The short version
- A business loan secured against property gives the lender a legal charge over a building, so it can sell the property if the loan is not repaid. In return, businesses can usually borrow more, for longer and at a lower rate than without security.
- There are four main ways to raise money against property you already own: a further advance from your existing lender, a second charge loan behind it, a remortgage that releases capital, or a new first charge on a building with no mortgage.
- Lenders apply two tests. Combined borrowing is usually capped at about 60% to 75% of the property’s value, and the business must show that profits or rent cover the repayments on all of its debt.
- The route changes the price. In our example, raising £200,000 against a warehouse over seven years cost about £60,100 through a further advance, about £82,100 through a remortgage and about £84,600 through a second charge.
- The property is at risk if repayments stop. A lender can appoint a receiver to sell it, and a personal guarantee can make directors liable for any shortfall. Using a director’s home carries the most risk of all.
What a business loan secured against property is
A business loan secured against property is borrowing where the lender takes a legal charge over land or buildings. The charge gives the lender the right to sell the property to recover what it is owed if the loan is not repaid. For a business, it is the most common way to turn the value tied up in premises or investment property into cash it can use.
The phrase covers two different jobs. The first is buying property, which is what a commercial mortgage does. The second, and the focus of this guide, is raising money against property the business or its owners already hold, to spend on something else: expansion, an acquisition, new equipment, working capital, a tax bill or repaying dearer debt.
Because the lender can fall back on the building, property-backed loans are usually larger, longer and cheaper than unsecured borrowing. The trade is that the building is on the line. Our guide to secured vs unsecured business loans compares the two routes on the same loan.
| Route | What it is | Typical term | Often suits |
|---|---|---|---|
| Further advance | Extra borrowing from the lender that already holds the mortgage, under the same first charge. | Often matched to the existing loan, or 3 to 15 years | A good existing relationship and a lender with appetite to lend more. |
| Second charge loan | A new loan from a different lender, ranking behind the existing mortgage. | 1 to 15 years, or 3 to 18 months as a bridge | Keeping a cheap fixed rate or avoiding an early repayment charge. |
| Remortgage with capital raising | A new, larger first charge loan that repays the old mortgage and releases the difference. | 5 to 25 years | When the current deal is ending or a much better rate is available. |
| New first charge loan | A secured term loan or commercial mortgage on property with no borrowing against it. | 1 to 25 years | Owners of unencumbered property who want the lowest secured rate. |
| Secured revolving facility | An overdraft or revolving credit limit backed by a charge over property. | Usually reviewed every year | Recurring working capital needs rather than a single purchase. |
| Bridging loan | Short-term borrowing secured on property, repaid in one sum from a sale or refinance. | 3 to 18 months | Speed, or a gap before longer-term finance. |
Most of these loans to limited companies are arranged on commercial terms and are not regulated by the Financial Conduct Authority, so the loan agreement and the charge are your main protection. The regulation section explains when that changes.
Which property can secure a business loan?
Almost any property with a reliable value and good legal title can support a loan, but lenders do not treat all property alike. The more easily a building could be sold or let to someone else, the more a lender will lend against it and the less it will charge.
| Property | Typical maximum loan to value | How lenders view it |
|---|---|---|
| Owner-occupied commercial property | About 65% to 75% | Offices, shops, industrial units and warehouses the business trades from. The lender looks at the business’s profits as well as the building. |
| Commercial investment property | About 60% to 70% | Let to tenants. Lenders look closely at the lease length, the tenant’s strength and whether the rent covers the interest. |
| Semi-commercial or mixed-use | About 65% to 75% | A shop with flats above, for example. Often viewed favourably. If a borrower or family member lives in a flat, the loan may become regulated. |
| Residential investment property | About 70% to 75% | Buy-to-let houses and flats held by a company. Usually lent on rent cover, as with a buy-to-let mortgage. |
| Trading businesses with property | About 50% to 70% | Pubs, hotels, care homes and petrol stations. Valued partly on trading performance, so a weak year can reduce the value. |
| Land | About 50% to 60%, often less | Agricultural land, sites with planning or without. Harder to sell quickly, so lenders lend less. |
| A director’s or shareholder’s home | About 60% to 75% of the equity, combined with any mortgage | Some lenders accept a charge over a home for company borrowing. It puts the home directly at risk. See the section on using your home. |
These ranges are typical market levels in October 2026, not limits set by any rule, and each lender sets its own. Several things reduce what a lender will accept:
- Short leases. A leasehold building with less than about 30 to 50 years left on the lease, or an investment property whose tenant can leave within a year or two, supports a smaller loan.
- Specialist or single-use buildings. A building that only suits one kind of business is valued more cautiously, because fewer buyers could use it.
- Condition and compliance. Disrepair, missing planning or building regulations sign-off, and a poor Energy Performance Certificate rating on let property all weigh on the value.
- Ownership that does not match the borrower. If the building is owned by a director, a pension scheme or a sister company rather than the borrowing company, the owner gives a third-party charge, which brings extra legal steps.
First charges, second charges and all-monies security
The order in which lenders are repaid from a sale is set by the order of their charges. That order shapes the price, the amount and the paperwork.
First charge
The first charge holder is repaid first, in full, before anyone else receives anything from a sale. That is the safest position, so first charge lending carries the lowest rates and the highest loan to value. A property can have only one first charge.
Second charge
A second charge lender is repaid only from what is left once the first lender is paid. Because it carries more risk, it charges more and lends less. Many commercial second charge lenders cap the combined borrowing at around 65% to 70% of value. One national specialist that launched commercial and semi-commercial second charge loans in April 2026 set its limit at 65% loan to value and £1 million.
Most commercial mortgages say the borrower cannot grant another charge without the first lender’s consent. The second lender will usually ask for that consent, and sometimes for a deed of priority, an agreement between the two lenders setting out who ranks first and for how much. A first lender can refuse, take weeks to respond or charge a fee, so ask early.
All-monies charges and cross-collateral
- All-monies charge. Many bank charges secure “all monies” owed to the bank, not just one loan. The building then also stands behind any overdraft, card facility or guarantee owed to that bank. Repaying the loan does not release the charge while anything else is owed.
- Cross-collateral. A lender may take charges over two or more properties for one loan, or one charge for several loans. It can increase the amount you can borrow, but selling one building may need the lender’s agreement and part of the sale price may have to go to the lender.
- Debentures. Alongside the property charge, a lender may take a debenture over the rest of the company’s assets. Our secured vs unsecured guide explains fixed and floating charges.
A charge granted by a UK company must be registered at Companies House within 21 days of being created, under section 859A of the Companies Act 2006, or under section 859H it is void against a liquidator, an administrator and the company’s other creditors, and the money it secures becomes repayable at once. Late registration needs a court order. The GOV.UK guidance explains the process, which the lender’s solicitor normally handles. A charge over registered land is also registered at HM Land Registry.
How much can you borrow against property?
Lenders apply two tests, and the lower answer is the most you can borrow.
Test one: the value of the security
The lender instructs a RICS registered valuer and applies its maximum loan to value to the result. Where the property already has a mortgage, the limit applies to the combined borrowing, not just the new loan.
Worked example: the equity you can borrow against
A limited company owns a warehouse valued at £800,000 and owes £300,000 on its commercial mortgage. These are assumptions for the illustration, not a lender’s criteria.
- At a combined limit of 75%: £600,000 less £300,000 owed leaves up to £300,000.
- At 70%: £560,000 less £300,000 leaves up to £260,000.
- At a second charge lender’s 65%: £520,000 less £300,000 leaves up to £220,000.
The same building supports between £220,000 and £300,000 of new borrowing, depending on the lender and the route.
Two details catch businesses out. Lenders value the building for a sale to a third party, not its worth to you, so fit-out and specialist equipment often add little. And for owner-occupied premises, some lenders use a value assuming the building is empty, which can be below the figure an agent would quote.
Test two: affordability
The business must show it can pay every lender, not just the new one. Lenders usually want earnings before interest, tax, depreciation and amortisation (EBITDA), or rent for an investment property, to cover all debt repayments by a margin, often 1.25 to 1.5 times. For let property, many lenders test the rent against the interest at a higher stress rate.
In our example, if the company’s EBITDA is £150,000 and the lender wants cover of 1.35 times, total yearly repayments can be up to about £111,100, or £9,260 a month. The existing mortgage takes £2,404 a month, leaving about £6,850 a month for new borrowing, which would support far more than £200,000 over seven years. Here the value of the building sets the limit, not the profits. Our guide to how much a business can borrow works through both tests in more detail.
Rates and fees on property-backed loans
For context, the Bank of England’s Bank Rate has been 3.75% since December 2025, and the Bank of England average rate on new bank loans to businesses was 5.57% in August 2026. That average includes large corporate loans, so most smaller property-backed loans are priced above it. These are typical October 2026 ranges, not quotes.
| Route | Typical rate | What moves it |
|---|---|---|
| First charge term loan or commercial mortgage | About 6% to 9% a year | Loan to value, property type, trading record and loan size. Our guide to commercial mortgage rates sets out the detail. |
| Further advance | Often close to the lender’s current first charge rates | Usually priced at today’s rates, not the rate on your existing loan. |
| Second charge term loan | About 8% to 13% a year | Combined loan to value, the first lender, the strength of the business. |
| Second charge bridge | About 0.8% to 1.5% a month | Exit plan, combined loan to value and how quickly the money is needed. |
| Secured overdraft or revolving facility | Often Bank Rate plus 3% to 6% | Usually variable and reviewed each year, with arrangement and renewal fees. |
The fees
| Fee | Typical level | Notes |
|---|---|---|
| Arrangement fee | About 1% to 2% of the loan, higher on small second charges | Often added to the loan, so interest is paid on it. |
| Valuation fee | From about £1,000 for a simple building, much more for large or specialist property | Paid upfront, and usually not refunded if the loan does not proceed. |
| Lender’s legal fees | Often £1,500 to £5,000 or more | In commercial lending the borrower pays the lender’s solicitor as well as its own. |
| Your legal fees | Often £1,500 to £5,000 or more | More for leasehold or tenanted property, several buildings or a third-party charge. |
| First lender’s consent fee | Often a few hundred pounds | For a second charge or a deed of priority. |
| Early repayment charge | Often 1% to 5% of the balance on a fixed rate | Applies to the existing loan if you remortgage during a fixed period. |
| Broker fee | Nothing to about 1% to 2% of the loan | Ask how the broker is paid, including any commission from the lender. |
| Registration fees | £14 online at Companies House, plus the Land Registry fee | Usually handled by the lender’s solicitor and passed on to you. |
On a loan of £50,000 to £100,000, fixed costs such as valuation and legal fees can add several percentage points to the true cost. Compare offers on the total in pounds over the time you expect to keep the loan, as our guide to comparing business loans explains.
Worked example: £200,000 against a warehouse, three ways
Worked example: choosing the route
The company from the section above owns its £800,000 warehouse and owes £300,000 on a commercial mortgage with 15 years left. The rate is fixed at 5.2% for two more years, with a 2% early repayment charge. It needs £200,000 to fit out a second site and wants to repay it over seven years. Combined borrowing would be £500,000, or 62.5% of the value. All rates and fees are illustrations, not quotes.
| Further advance | Second charge loan | Remortgage to £500,000 | |
|---|---|---|---|
| Rate on the new money | 7.0% | 9.5% | 7.0% on the whole £500,000 |
| Monthly repayment on the £200,000 over 7 years | £3,019 | £3,269 | £3,019 |
| Interest on the £200,000 over 7 years | £53,560 | £74,580 | £53,560 |
| Fees: arrangement, valuation and legal | £6,500 | £10,000 | £12,000 |
| Early repayment charge on the old loan | None | None | £6,000 |
| Extra interest on the existing £300,000 for the last two years of the fix | None | None | £10,570 |
| Total cost of raising the £200,000 | £60,060 | £84,580 | £82,130 |
| Existing 5.2% fix | Kept | Kept | Lost |
| Lenders to deal with | One | Two, and the first must consent | One new lender |
Monthly repayments are on a capital repayment basis. The remortgage figures treat the £200,000 as repaid over seven years so that the three routes can be compared fairly. The extra interest compares 7.0% with 5.2% on the existing £300,000 over the 24 months left on the fix, repaid over 15 years.
What the numbers show. The further advance is about £22,000 to £25,000 cheaper than the other two, because it keeps the cheap fix and prices the new money at first charge rates. The second charge costs the most in interest but leaves the existing loan untouched, which matters if the first lender will not lend more. The remortgage looks dear only because of the timing: in two years, when the fix ends and no early repayment charge applies, it would cost about £65,560 and leave everything with one lender.
The practical order. Ask the existing lender for a further advance first. If it says no or takes too long, compare a second charge with a remortgage, counting the early repayment charge and the rate you would lose. If the money can wait until the fix ends, a remortgage then is often the cleanest answer.
Use the secured loan calculator to test different rates and terms against your own property value. Our commercial remortgage guide covers early repayment charges and break costs in more detail.
What businesses use property-backed loans for
A loan secured on property can be used for almost any lawful business purpose. Lenders will ask what the money is for and how it will be repaid, and they prefer uses that add to the business’s earnings or assets.
- Growth. Fitting out a new site, hiring ahead of a contract or launching a product.
- Buying a business or a shareholder’s stake. Using the equity in the company’s premises to fund an acquisition or a management buyout. Our guide to business acquisition finance shows how property lending fits alongside the other funding in a purchase.
- Equipment and vehicles. Though asset finance secured on the asset itself is often a better fit, because it leaves the property free.
- Refinancing dearer debt. Replacing short-term or unsecured loans with one longer, cheaper property-backed loan, which can lower monthly payments but stretches the debt over more years.
- Working capital. Usually through a secured overdraft or revolving facility rather than a single lump sum. For cash tied up in customer invoices, invoice finance may suit better.
- Tax bills and one-off costs. A lender will want to understand why the business needs to borrow, and how a repeat will be avoided.
Be wary of using long-term property security for short-term needs. Borrowing over 15 years to pay for stock that sells in three months means paying interest long after the benefit has gone.
What lenders look at
Security makes a lender more willing to say yes, but it does not replace the usual checks. Expect the lender to look at all of these.
| Area | What they check | How to prepare |
|---|---|---|
| The property | Value, condition, title, tenure, use, any leases and how easily it could be sold. | Have the title number, any leases, the Energy Performance Certificate and past surveys ready. |
| Existing borrowing | Every loan and charge on the property and the company, and the first lender’s position. | A list of all lenders, balances and early repayment terms. Search the company’s charges on Companies House. |
| Affordability | Accounts, management figures, bank statements and debt service cover. | Two or three years of filed accounts and up-to-date management accounts. |
| The purpose | What the money is for, how it adds to the business and how it will be repaid. | A short written plan with costs and expected returns. |
| The people | Credit files of the company and its directors, any county court judgments and past insolvency. | Explain any past problems upfront rather than leaving the lender to find them. |
| Guarantees | Most lenders to smaller companies ask directors for a personal guarantee as well as the charge. | Read our guide to personal guarantees before agreeing to one. |
Our guide to how to get a business loan lists the documents lenders ask for and what to do if an application is declined.
How to borrow against property, step by step
A property-backed loan takes longer than an unsecured one because the building must be valued and the legal work done. Four to twelve weeks is typical, and a further advance from a lender that already knows the property can be quicker.
- Work out the numbers. How much you need, over what term, and the repayment the business can comfortably afford in a quiet month. Check the equity using cautious values.
- Check your existing loan. Read the mortgage terms for early repayment charges, consent requirements for a second charge and any all-monies clause.
- Ask your existing lender. A further advance is often the cheapest and simplest route, so ask first, even if you go on to compare.
- Get indicative terms. From other lenders or a broker: rate, maximum loan to value, fees, term and any guarantee required.
- Accept terms and pay for the valuation. The lender instructs a valuer, usually within days. A simple building is often inspected and reported on within one to two weeks.
- Underwriting and offer. The lender checks the figures and the valuation, then issues a facility letter setting out the terms and conditions.
- Legal work. Both solicitors review title, searches, leases, the charge, any guarantees and consents. This is where most delays happen.
- Completion and registration. The money is released and the lender’s solicitor registers the charge at Companies House within 21 days and at HM Land Registry.
Before you sign, ask your solicitor to explain the events of default, the covenants you must keep, what happens if the property falls in value and whether the charge secures only this loan or all money owed to the lender.
Using your home, or someone else’s property
Some lenders will lend to a company against a director’s or shareholder’s home, either as the main security or as extra security alongside business property. It can unlock a loan the business could not otherwise get, but it puts the family home directly at risk for a debt the company owes.
- Is it regulated? A loan to a limited company is not a regulated mortgage contract, even when it is secured on a home, because the borrower is not an individual. The test in article 61 of the Regulated Activities Order looks at who borrows. A loan to a sole trader or partnership secured by a first charge on the owner’s home can be regulated, with the protections that brings, though a second charge of more than £25,000 taken wholly or mainly for business purposes is exempt under article 61A. Some lenders apply extra safeguards to company loans secured on homes anyway.
- Independent legal advice. When someone, such as a spouse or partner, offers their home to secure a debt that is not theirs, lenders follow the steps set out by the House of Lords in Royal Bank of Scotland v Etridge (No 2). In practice the person giving the charge will be asked to see their own solicitor, who explains the risks and confirms in writing that they have done so.
- Everyone who lives there. Other adults living in the property will usually be asked to sign a consent, agreeing that the lender’s rights come before theirs.
- Limit the exposure. Ask whether the charge can be limited to a fixed amount, released once the loan falls below a set level, or replaced by business security later.
The same steps apply when property owned by someone other than the borrower is used, such as a building held by a director personally or by a pension scheme. A charge over pension scheme property must follow the scheme’s own rules and pension tax law, so take specialist advice.
Our upcoming introduction service is limited to UK limited companies and excludes loans secured on residential property, including a director’s home.
What happens if repayments stop
A charge gives the lender strong rights. Knowing them before you borrow is the best reason to borrow carefully.
- Default is wider than missed payments. Most facility letters let the lender demand repayment if a covenant is broken, such as a loan to value limit or an interest cover test, if the company’s position worsens, or if another loan defaults. A fall in property value can cause a breach even when every payment has been made.
- Receivers and possession. If the default is not fixed, the lender can appoint a receiver, often called an LPA receiver after the Law of Property Act 1925, to collect rent or sell the property, or take possession itself. The receiver acts for the lender, and its costs are added to the debt.
- The shortfall. If the sale raises less than the debt and costs, the company still owes the rest. If directors have given personal guarantees, the lender can pursue them for it.
- Losing the premises. For a business that trades from the building, a forced sale can mean losing its base as well as the property’s value.
- Second charges are exposed twice. If the first lender enforces, the second charge holder is repaid only from what is left. If you default on the second charge, its lender may still force a sale of the whole property.
Lenders rarely want to sell a building. If trouble is coming, speak to the lender early, before payments are missed. Payment holidays, a switch to interest only or a longer term are often easier to agree before a default than after one. Many banks follow the Lending Standards Board’s Standards of Lending Practice for business customers, which cover how they treat businesses in financial difficulty.
Alternatives to borrowing against property
| Alternative | Suits | Compared with a property-backed loan |
|---|---|---|
| Unsecured business loan | Smaller sums needed quickly. | Faster and leaves the property free, but usually a higher rate, a shorter term and a personal guarantee. |
| Asset finance | Equipment, vehicles and machinery. | The asset secures the agreement, so the building stays free for later borrowing. |
| Invoice finance | Cash tied up in unpaid invoices to other businesses. | Grows with sales and needs no property, but costs can add up and customers may know. |
| Government-backed lending | Companies short of security for a viable plan. | The Growth Guarantee Scheme gives lenders a partial government guarantee. The business still owes the full amount. |
| Sale and leaseback | Releasing all the equity in premises the business occupies. | No loan to repay, but you give up the building and take on a long lease and rent. |
| Equity investment | Growth plans with an uncertain payback. | No repayments or security, but you give up a share of the company. |
Our guide to commercial loans compares every main type of business borrowing side by side.
Regulation, protection and tax
- Most company loans are unregulated. Lending to a limited company, secured on commercial property, is generally outside FCA consumer credit and mortgage rules. Read the facility letter and charge with a solicitor, because the contract sets your rights.
- When the loan is regulated. A loan to an individual or trustees secured by a first charge on land in the UK is a regulated mortgage contract if at least 40% of it is used, or intended to be used, as a home by the borrower or a close family member. A sole trader borrowing against their home, or an owner living in the flat above their shop, can fall within this. Check the FCA Register that the lender and any broker are authorised.
- Complaints. Micro-enterprises and many small businesses can take a complaint about a lender to the Financial Ombudsman Service, depending on their size and the activity.
- Tax. For a company borrowing for its trade, interest is usually deductible for corporation tax, though the capital repaid is not. Larger groups may be affected by the corporate interest restriction. Fees may be treated differently. Check with your accountant before you borrow.
Where Business Loan Advice fits
We are not a lender and we do not give personal advice. We are preparing a service that will introduce UK limited companies directly to lenders, including for loans secured on commercial property. No lenders are confirmed yet, so we cannot currently obtain quotes or make introductions. You will not pay us a fee. If a lender pays us commission after the service launches, we will tell you before asking your permission to refer you. The service will exclude loans secured on residential property, including a director’s home and mixed-use buildings with flats.
In the meantime, the secured loan calculator and these guides are free to use with no sign-up. If your limited company is planning to borrow against its commercial property, you can register its interest and we will contact you about the service launch. Read how we are paid for the details.
Common questions
What is a business loan secured against property?
A loan where the lender takes a legal charge over land or buildings, so it can sell the property to recover the debt if the loan is not repaid. Businesses use it to raise money against premises or investment property they already own, usually at a lower rate and for longer than an unsecured loan.
How much can I borrow against my business property?
Lenders usually cap total borrowing at about 60% to 75% of the property’s value, less any mortgage already owed. On an £800,000 building with £300,000 owed, that leaves about £220,000 to £300,000. The business must also show that its profits or rent cover the repayments on all its debt.
Can I get a business loan secured against a property with a mortgage?
Yes. You can ask the existing lender for a further advance, take a second charge loan from another lender behind the mortgage, or remortgage for a larger amount. A second charge usually needs the first lender’s consent and costs more.
What is the difference between a first and second charge?
The first charge holder is repaid first from a sale. A second charge lender is repaid only from what is left, so it takes more risk, charges a higher rate and lends less. A property can have only one first charge.
What interest rate will I pay on a loan secured against property?
In October 2026, first charge loans and commercial mortgages are commonly about 6% to 9% a year, and second charge term loans about 8% to 13%. The rate depends on the loan to value, the property, the business and the lender. Fees are extra.
Is a further advance cheaper than a second charge?
Usually. A further advance is priced at the existing lender’s first charge rates and needs only one set of paperwork. In our example it cost about £24,500 less than a second charge over seven years. But the existing lender does not have to agree, and may reprice or add conditions.
Can I use my home as security for a business loan?
Some lenders accept a director’s home as security for company borrowing. It puts the home at risk if the company cannot pay. Anyone else who owns or lives in the home will usually need independent legal advice or must sign a consent. Our upcoming service excludes residential security.
Is a business loan secured on my home regulated?
Not if the borrower is a limited company, because a regulated mortgage contract needs the borrower to be an individual or trustees. A loan to a sole trader or partnership secured on a home they live in can be regulated, with extra protections.
How long does a secured business loan against property take?
Usually four to twelve weeks, mainly because of the valuation and legal work. A further advance from the lender that already holds the mortgage can be quicker. A bridging loan can complete in one to three weeks if the paperwork is ready.
What happens if I cannot repay a loan secured on property?
Speak to the lender early. If a default is not resolved, the lender can appoint a receiver to collect rent or sell the property, with the costs added to the debt. If the sale does not clear the debt, the company owes the rest and directors may be liable under any personal guarantee.
Do I need a personal guarantee as well as property security?
Often, for smaller companies. Many lenders take both a charge over the property and a personal guarantee from the directors. Ask whether the guarantee can be limited to a fixed amount, and read it carefully before signing.
Can a new company borrow against property?
Often, yes, if it owns property with enough equity or the directors can offer security. Lenders still need to see how the loan will be repaid, so a company with no trading record may be offered a lower amount or a bridging loan rather than a long-term loan.
What fees come with a loan secured against property?
Typically an arrangement fee of about 1% to 2%, a valuation fee, legal fees for both your solicitor and the lender’s, registration fees and sometimes a broker fee. A second charge may also carry a consent fee from the first lender, and a remortgage may trigger an early repayment charge.
Bank of England: Bank Rate, 3.75% after the 17 September 2026 decision
Bank of England: effective interest rates, August 2026
Companies Act 2006, section 859A: registration of charges created by a company
GOV.UK: register a charge for a limited company
HM Land Registry: registration services fees
Law of Property Act 1925, section 101: powers incident to the estate or interest of a mortgagee
Royal Bank of Scotland v Etridge (No 2) [2001] UKHL 44
Companies Act 2006, section 859H: consequence of failing to deliver a charge
Financial Services and Markets Act 2000 (Regulated Activities) Order 2001, article 61
Regulated Activities Order, article 61A: exemptions including second charge business loans
FCA Handbook PERG 4.4: what is a regulated mortgage contract
FCA Register: check a firm’s authorisation
British Business Bank: Growth Guarantee Scheme
GOV.UK: restriction on corporation tax relief for interest deductions
Lending Standards Board: the Standards of Lending Practice
Financial Ombudsman Service: who can complain
Rates, tax bands and lender criteria change. Confirm the current details with the lender, your solicitor or your accountant before relying on them.