Refinancing Your Commercial Property

Navigating the complex
with confidence and clarity

Refinancing a commercial property can be a strategic way to unlock capital, consolidate debt, or fund future growth. Whether you are looking to take advantage of competitive interest rates, improve cash flow, or restructure your business finances, it is essential to get the right legal advice. At Bennett Oakley Solicitors, our commercial property team has the expertise and lender connections to make the process smooth, efficient, and cost-effective.

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Why consider refinancing your commercial property?

With interest rates historically low and the economy steadily recovering, you may be looking to refinance your commercial property in order to:

Fund future projects
Consolidate existing debts
Inject instant cash flow into your business

However, lenders’ criteria are now stricter than ever and refinancing can involve significant costs. That’s why it’s important to work with an experienced law firm that understands the requirements of both major banks and smaller, more flexible lenders.

Key points to consider before refinancing

If you’re thinking of refinancing, make sure to factor in:

All costs involved – including valuations, legal fees, lender charges, and insurance
Timescales – assess whether the time taken to refinance will justify the financial benefits
Market research – compare interest rates and terms to find the most competitive deal

Why choose Bennett Oakley?

Our specialist commercial property lawyers will:

Manage the entire process efficiently, from initial research to final completion
Ensure all legal documentation is accurate and compliant
Leverage strong relationships with lenders to help secure the right finance package
Provide fixed-fee transparency, so you know your legal costs upfront

Speak with a Bennett Oakley expert today

Looking for legal support? Get in touch with our solicitors, and we’ll connect you with the right expertise to meet your specific needs through our trusted legal team and professional partners.

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FAQ Topics

What is commercial property refinancing?

Commercial property refinancing involves replacing your current mortgage with a new one, often to secure a better interest rate, raise capital, or change the terms of repayment.

How long does the refinancing process take?

The timeline varies depending on the lender and complexity of the transaction, but most commercial refinancing deals take between 6–12 weeks from application to completion.

What costs should I expect when refinancing?

Typical costs include valuation fees, lender arrangement fees, legal fees, and, in some cases, early repayment charges on your existing mortgage.

Do I need a solicitor for refinancing?

Yes, a solicitor ensures that all legal requirements are met, the lender’s conditions are satisfied, and that your interests are fully protected throughout the transaction.