Practice Premises Finance & Commercial Mortgages
Own the building
you practise from.
Buying the freehold, relocating or extending the practice premises. We search the market for commercial mortgages and property finance suited to professional practices.
The pressure
Premises shape the practice.
For many practices, the building is part of the business: a surgery, a veterinary hospital, a pharmacy, a funeral home with its chapel. Owning it can bring security of tenure and control over how the practice grows.
Premises finance also often forms part of a wider transaction, such as an acquisition, a partner buy-in or an expansion, so it needs to be structured with the rest of the deal in mind.
What can be financed
What it can cover.
- 01 Freehold purchases Buying the building you practise from.
- 02 Relocation Moving to larger or better-placed premises.
- 03 Extensions Adding rooms, surgeries or services.
- 04 Premises within an acquisition Buying the property with the practice.
- 05 Refinancing practice premises Restructuring an existing commercial mortgage.
Property finance can involve other regulated-credit or mortgage rules depending on the structure and security. We’ll tell you at the outset if any apply.
How we help
Not one lender. The right one.
We don't offer a single product. We look at what you're trying to fund, how your firm earns and spends, and which lenders in the market are most likely to support it. Then we prepare the case, approach suitable lenders and manage the process through to completion.
Who this is for
Questions
What firms usually ask.
Can I get a commercial mortgage for my surgery premises?
Yes. Dental, GP and veterinary practices commonly use commercial mortgages to buy, extend or refinance their surgery premises. Lenders look at the property, the practice’s income and your experience. We search the market for lenders who understand professional practice premises and manage the process through to completion. For GP surgeries, the NHS premises costs directions set out how rent reimbursement works.
Should my practice buy its freehold or keep renting?
It depends on the practice. Owning the building can bring security of tenure and control over how you grow, but it ties up capital and brings property costs. Many dental, veterinary, pharmacy and funeral practices weigh this at acquisition or lease renewal. We can explain what lenders are likely to support.
Can premises be bought at the same time as the practice?
Often, yes. Premises finance frequently forms part of a wider acquisition, with a commercial mortgage for the property and a separate loan for goodwill and equipment. Structuring them together helps make sure the whole deal fits the practice’s income, rather than arranging each part in isolation.
Can I get finance to relocate or extend my practice?
Yes. Finance can help practices move to larger or better-placed premises, or add surgeries, consult rooms or services to their existing building. Lenders will look at the project, the practice’s income and any fit-out costs. We help structure the property finance alongside the rest of the plan.
Are practice premises mortgages regulated?
It depends on the structure, who is borrowing and the security involved. Some property finance falls under regulated-credit or mortgage rules, and some doesn’t. We’ll look at your situation and tell you at the outset if any regulation applies.
Success stories
Premises & Property in practice.
Upgrading the mortuary and premises.
A funeral home wants to refurbish its premises and invest in new mortuary refrigeration and preparation equipment. A combination of asset and refurbishment finance could potentially fund the project.
Explore finance → £175k Representative funding scenarioClinic expansion Medical PracticeMoving a private medical practice into larger premises.
A private medical practice is moving into larger premises and requires funding for treatment rooms, medical equipment, refurbishment and technology.
Explore finance → £750k Representative funding scenarioOwner-occupied practice premises PremisesBuying the freehold of the practice premises.
An established professional practice currently renting its premises decides to purchase the freehold. Commercial mortgage funding may allow the practice to acquire the property while retaining capital for the operating business.
Explore finance →Let's talk
Thinking about the freehold?
Talk it through with a specialist.
Before you approach a lender, speak to someone who understands the transaction. Confidential, no-obligation initial discussion.