£560,674 Warehouse Commercial Mortgage Completed in 3 Weeks, Brentford
An SPV borrower had one week left before notice to complete would land on their warehouse purchase in Brentford — putting the deposit at risk. A2Z secured a £560,674 commercial mortgage at 70% LTV, fixed for 5 years on interest-only terms, and drove the case to completion inside 3 weeks. Deposit protected. Property purchased.
£560,674
Loan amount
70%
Loan-to-value
3 weeks
To completion
The Client Scenario
Our client — an SPV (limited company) borrower — was purchasing a fully commercial warehouse in Brentford, west London , valued at £835,000 . The deposit was paid, contracts were exchanged, and the deal was running on a tight contractual timetable.
With one week left before the vendor could serve notice to complete, the existing financing route had stalled. Once notice lands, the buyer has a fixed window to complete or risks losing the deposit and the property along with it. The client needed a commercial mortgage moved through, properly underwritten, in a timeframe most lenders typically can't deliver.
Commercial mortgages on warehouse stock — purchased via an SPV — sit inside a narrower lender appetite than residential or buy-to-let. The case needed to land with the right lender first time, with the SPV financials packaged correctly from day one.
What Could Have Gone Wrong
Three weeks is fast for a commercial mortgage. The market average is closer to 6–12 weeks — sometimes longer for SPV-owned commercial security. Any drift on this case would have meant notice to complete being served, with the deposit and the property both at risk.
Specific pressure points on this deal:
- Notice to complete being served before mortgage funds were in place — deposit lost
- Wrong lender selection burning a full underwriting cycle the client didn't have time for
- SPV financials presented in a way that triggered further information requests
- Commercial valuation turnaround stretching beyond the contractual completion window
- Solicitor and lender losing alignment under the 3-week deadline
The Solution
We placed the case directly with Together Commercial — a lender with proven appetite for SPV-owned warehouse purchases and a process built for speed. The submission was structured to pre-empt the questions underwriting would ask, so the file moved instead of stalling.
From submission to completion, solicitor, valuer, lender and broker were aligned to a single timeline . No one was waiting on anyone. The result: a £560,674 commercial mortgage at 70% LTV gross , fixed for 5 years at 7.94% on interest-only repayments — funds drawn down inside 3 weeks .
- Lender selected for genuine appetite on SPV-owned warehouse stock — not a generic commercial fit
- SPV financials and director profile packaged cleanly upfront to avoid underwriting back-and-forth
- Commercial valuation instructed in parallel with legals — no sequential drag on the timeline
- 5-year fixed at 7.94% interest-only — locking certainty for the SPV and preserving cash flow
- Completion delivered inside 3 weeks — well before notice to complete could be served
The Outcome
£560k
Facility Secured
70%
LTV Achieved
5yr
Fixed Rate Locked In
3wk
From Submission to Funds
Deposit Protected
Purchase Completed
Frequently Asked Questions
Can an SPV or limited company get a commercial mortgage on a warehouse?
Yes. SPV and Ltd company purchases of fully commercial property — warehouses, retail units, light industrial — are standard structures. Lender appetite varies by asset type and director profile, and the SPV financials need packaging carefully. On this case, the SPV was approved at 70% LTV on a 5-year fixed interest-only commercial mortgage.
How quickly can a commercial mortgage actually complete?
The market average is 6–12 weeks. We completed this Brentford warehouse purchase inside 3 weeks by selecting a lender with genuine appetite for the case, instructing the commercial valuation in parallel with legals, and presenting the SPV file in the shape underwriting needed it. Speed in commercial finance comes from upfront packaging — not from pressure on the back end.
What happens if the seller serves notice to complete before my mortgage is ready?
Once notice to complete is served under the standard conditions of sale, the buyer typically has 10 working days to complete or risks losing the deposit and the property. On this case, we acted before notice landed — securing the commercial mortgage and driving completion so the vendor never had to escalate. If you're running close to that point, the priority is getting the right lender on the file immediately.
What LTV can I get on a commercial warehouse purchase?
Typically 60–75% LTV depending on lender, property type, location and borrower profile. 70% gross — as secured on this case — is a strong outcome for an SPV-owned warehouse purchase, particularly on a 5-year fixed interest-only structure. Higher LTVs are possible on the right asset, but require careful lender selection.
Facing a Tight Deadline of Your Own?
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