State Securities Launch 'Fast Track Commercial Mortgage

State Securities are excited to announce the launch of their new 'Fast Track Commercial Mortgage facility. Borrowers benefit from the self-certification element that results in swift and efficient turnaround times.

Loans are up to a value of 400,000 over a period of 10 years on properties that are less than 50 years old, of standard construction with no contamination or planning issues. Typical usage includes office, retail, industrial, factory or warehouse. Properties can be for purchase or re-mortgage, owner-occupier, investment including buy to rent or pension scheme. Maximum loan-to-value is 55%.

The new facility is very easy to use and a fast, professional service can be assured.

In conjunction with commercial mortgages (either 'fast track or standard), State Securities can also offer asset finance and the Small Firms Loan Guarantee Scheme. Higher value loans and/or a longer term are available on full status loans.

Contact Martin Thurlby, telephone 01489 775633 for further details on this innovative new product.

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Notes to Editors :
Contact :
Jo Macklin
Telephone : 01489 775600
Email : jmacklin@statesecurities.plc.uk

State Securities provides commercial mortgage finance or re-finance on industrial, commercial, retail and office premises for owner occupation or investment (buy to rent). Sub-prime, new starts and financially challenging credits are our speciality. Clients include public and private limited companies, partnerships and sole traders. Such finance can be provided in conjunction with asset finance and the Small Firms Loan Guarantee Scheme.

State Securities has over 20 years experience in the asset financing market and is part of the Abbey National Group.