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Bring together the property, trading position or tenancy and the long-term repayment plan.
Explore the stages, not a fixed schedule. Legal work, lending and property checks often overlap. This is a guide, not a tracker of your application. Purchase references to exchange and completion use England and Wales; ask your solicitor about Scotland or Northern Ireland.
Clarify whether the property will house your own business or be held as an investment. This helps frame the funding discussion.
Describe the buyer, intended use, price and timing.
You, accountant and adviser
The borrowing purpose is clear.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
A lender may consider trading history and the ability to meet repayments. Assemble the evidence relevant to your business or investment.
Prepare financial records, commitments and relevant tenancy information.
You, accountant and adviser
The evidence supports a realistic repayment discussion.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
Consider the deposit, financing cost and other purchase costs together. Discuss the term and repayment basis rather than comparing rates alone.
Build a purchase budget and test repayment headroom.
You and your adviser
The proposed funding fits the intended use and budget.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
A commercial mortgage is secured on property. Coordinate the lender’s assessment with independent legal and property advice.
Ask your professionals about title, condition and permitted use.
Lender, valuer, surveyor and solicitor
Outstanding property and legal questions are identified.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
Review the written facility with your advisers. Confirm the conditions that must be satisfied before funds are released.
Agree legal readiness, funds and completion arrangements.
You, lender and solicitor
Your solicitor confirms completion.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
Keep repayment dates, facility requirements and property records together. Review changes in the business or occupancy with the relevant advisers.
Set review reminders and maintain a current budget.
You, accountant and adviser
You have a clear ongoing administration plan.
Background reading: British Business Bank — How to finance a commercial property purchase ↗
Sources checked 12 October 2026. Process explanations are summarised; preparation prompts and checkpoints are editorial checklists, not requirements imposed by the source. Follow the linked original for its scope and updates.
MoneyHelper provides public money guidance. GOV.UK provides government information. British Business Bank explains business finance. Shawbrook is an example of one lender’s development process, not a whole-market rule or endorsement. Terms, approvals and timescales depend on the case. These guides do not replace personal financial, legal, tax or technical advice.
Start with the property address or site details, intended use, estimated purchase and works costs, available equity, important dates and intended repayment route. An outline is enough for the first conversation; send sensitive documents only through an agreed secure channel.
Finance, legal work and technical advice depend on each other. Keep a short action list with the person responsible, the question to resolve and the next decision date. Revisit the budget when the scheme, property or terms change.
Discuss commercial finance ↗Tell Jack what you want to do, the stage you have reached and any important deadline.