News

One of the benefits of working with a commercial finance broker is our access to deals that are not available on the open market. This enables us to not only secure products with attractive terms, but to support our clients with professional service that backs this up beyond deal closure.

0% Lender Arrangement Fee

The Omega team have been able to access 0% arrangement fees for Trading Businesses where they are refinancing existing debt for some time now.

However, for a limited time, we are now also able to access 0% lender arrangement fees across a wider selection of cases, including;

• Trading Business Commercial Mortgage refinances of all sizes
• Owner-occupier purchases of £750,000+
• Commercial property investment mortgages of £750,000+
• Specialist buy-to-let mortgages of £1,500,000+

This not only delivers a significant cost saving for clients but can also increase the borrowing capacity where debt serviceability is tight. We know from our client conversations how important cashflow is and keeping repayments as low as possible.

The benefit does not end there as often we are asked if this means higher repayment rates, it doesn’t. These products align with others on the market and leading commercial mortgage rates.

In fact, we were recently able to deliver the following deals with 0% Lender Fee:

Variable Rate: 1.80% over Base Rate

5 year Fixed Rate: 6.00%

Opportunity for Trading Businesses and Landlords

The 0% lender arrangement fee opening out to Trading Business or Commercial Mortgages provides another opportunity for these businesses beyond debt serviceability. In terms of the property market, clients are facing costs with slow transactions and a sluggishness to the overall market. Landlords have had their fair share of challenges in recent years; it’s gratifying to see lenders react with specialist property investment mortgages and BTL deals that include 0% arrangement fees.

Benefits on top of Cost Saving

The obvious benefit for the IFAs and introducers we partner with is the ability to talk to clients about a reduction in upfront transaction costs. This can save clients thousands of pounds depending on the size of the business or property.

However, the advantages often go beyond simple cost savings.

By removing the lender arrangement fee from the transaction, clients can:

• Preserve working capital for business growth and operational needs.
• Reduce the amount of cash required to complete a transaction.
• Improve overall affordability.
• Potentially increase borrowing capacity where debt serviceability is tight.
• Strengthen the viability of deals that may otherwise struggle to meet lender requirements.

For advisers working closely with business owners, property investors and portfolio landlords, a 0% arrangement fee can provide additional leverage to help clients achieve their objectives.

All cases and eligibility will depend on the specific circumstances of the borrower, property and funding requirement. If therefore, you have a client considering a refinance, purchase or investment transaction, contact a member of the team for a no obligation free quotation.

We will provide a full outline of terms available, transactional options and above all; expert advice and honest feedback.