^Get Commercial Mortgages for Pharmacies – Apply Now

Purchase commercial mortgages are typically used when a pharmacy buys the freehold or a qualifying leasehold of the premises, or when it secures a new lease alongside associated purchase or fit-out commitments. Lenders often look for trading history, evidence of income, and an appropriate loan-to-value based on their valuation. Typical lending amounts commonly sit between £100,000 and £2,000,000, with terms often around 180 to 300 months. Pricing may be variable or fixed, with ranges commonly seen around 4.0% to 8.0%+ depending on risk factors.

A refinance (rate-and-term) mortgage can suit pharmacies that need to remortgage to manage repayments, improve cash flow, or extend maturity to reduce refinancing risk. Lenders usually require evidence of continued trading, updated accounts, and a new valuation to confirm the current LTV. Typical amounts can range from £75,000 to £1,500,000, with terms often between 120 and 300 months. Decisions are often around 2 to 6 weeks when valuation and conditions are straightforward. Interest rates commonly fall around 4.0% to 8.0%+ based on the lender and structure.

Buy-to-let pharmacy investment mortgages help investors acquire pharmacy property and let it to a pharmacy operator. Lenders typically focus on the property’s rental profile, lease/income durability, and tenant or operator strength. Eligibility commonly depends on lease terms, including how rent is set, and whether rental cover looks sustainable based on market evidence. Typical amounts are often from £150,000 to £3,000,000+, with terms frequently around 180 to 300 months for suitable structures. Decision timelines can be longer than owner-occupied cases, often 3 to 10 weeks, and pricing commonly sits around 4.5% to 8.0%+.