BusinessFinancing.co.uk

Compare UK Commercial Mortgage Rates

In partnership with:
Swoop

Redwood Bank Commercial Mortgage Reviews


Last Updated: 8 January 2025
Reviewed By: Ian Wright (Managing Director)

Redwood Bank is a newly established bank that was formed in the UK in 2017 with a head office near Stevenage and a regional office in Warrington. They offer a range of savings and loans products which are all mortgages for businesses. They provide their products to their customers in person or over the phone.

Sections

Toggle
  • Redwood Bank Commercial Mortgage Options
    • Mortgages for Professional Landlords
    • Mortgages for Business Owners
    •  Mortgages for Property Refurbishment
  • Redwood Bank Commercial Mortgage Eligibility
  • Redwood Bank Commercial Mortgage Rates
  • Redwood Bank Commercial Mortgage Calculator
  • Redwood Bank Commercial Mortgage Reviews
  • How To Apply For A Redwood Bank Commercial Mortgage?
  • Pros
  • Cons

Redwood Bank Commercial Mortgage Options

Redwood Bank offers a selection of business mortgages that are designed for professional landlords, business owners and property refurbishment.

Mortgages for Professional Landlords

  • Borrow £125,000 to £5 million
  • LTV up to 70%
  • Fixed terms from 2 to 30 years
  • Net rental income 130% of monthly repayments
  • Suitable for HMOs
  • Offers an interest-only option
  • Can be used for commercial, residential or mixed properties across Britain

Mortgages for Business Owners

  • Loans of £125,000 to £5 million
  • Fixed terms of 2 to 25 years
  • Maximum LTV of 70%
  • Interest-only option available
  • Provides timely decisions
  • Specialist team to support you

 Mortgages for Property Refurbishment

  • Loans from £125,000 to £5 million or £3 million per single property
  • Maximum LTV of 70%
  • Net rental income 130% of monthly repayments on completion
  • Suitable for HMOs
  • Interest-only option available
  • Provides specialist support team

Redwood Bank Commercial Mortgage Eligibility

Redwood Bank’s mortgages for professional landlords is available to landlords with a minimum of 2 properties in England, Scotland or Wales and a minimum of 2 years experience as a professional landlord. A net rental income of 130% of the monthly repayments is needed.

Their mortgages for business owners are available for properties in England, Scotland or Wales and they will assess at least your last 3 years’ trading performance and accounts.

Their property refurbishment mortgages are available to property investors with a minimum of 2 years experience and 4 properties. Also need to have 2 years experience of property refurbishment on at least 2 properties in England, Scotland or Wales. A net rental income of 130% of the monthly repayments is needed on completion if renting the property.

Redwood Bank Commercial Mortgage Rates

Redwood Bank applies a standard rate of 2% to its new loans which can be incorporated into the loan.

Redwood Bank Commercial Mortgage Calculator

Redwood Bank doesn’t have a commercial mortgage calculator.

Redwood Bank Commercial Mortgage Reviews

There are only a very small number of reviews available for Redwood Bank that feature on Trustpilot only. The Trustpilot reviews are largely positive with 50% rating them as excellent, 25% as great and 25% as bad. Positive comments included great experience with savings and mortgages, good service during Covid, and responsive service. The negative comments included issues with withdrawals and logging on problems.

Trustpilot – 3.6/5 (based on 8 reviews)
Google Reviews – no reviews
Reviews.co.uk – no reviews
Review Centre – no reviews
Smart Money People – no reviews

How To Apply For A Redwood Bank Commercial Mortgage?

If you want to apply for a commercial mortgage with Redwood Bank you can call them on 0330 053 6067.

Pros

  • Offers a range of mortgages tailored to different needs
  • Positively rated in customer reviews, although low number

Cons

  • Relatively new bank
  • Lack of customer reviews

Website: Redwood Bank Commercial Mortgage

Disclaimer: Businessfinancing.co.uk is a business finance and lending research and information website publisher. We are not a lender, bank, broker and/or other financial institution and as such we are not authorised or regulated by the FCA to offer financial advice. We can't recommend any of the products and/or services featured on the site. Companies are ranked in no particular order and higher ranking does not imply one company is better than another. We work with FCA authorised and regulated firms who may pay us a commission for referring you to them but this has no impact on our content and helps keep this website free to use.



business bank account

Compare Top 49 UK Business Bank Accounts In 2025

free business banking

17 Best Free Business Bank Accounts In The UK For 2025

7 Easy To Open Business Bank Accounts With No Credit Check

Top 14 UK Business Accounts With Overdraft

31 Best UK Business Savings Accounts Rates Up To 5.25%

Top 33 Sole Trader Bank Accounts In The UK

Top 17 Business Credit Cards In The UK For 2025

21 Best UK Prepaid Business Expense Cards

Best Business Bank Accounts · Free Business Bank Accounts · Business Savings Accounts · Business Credit Cards
Blog · About Us · Contact US · Privacy Policy · Terms of Use
Copyright © 2025 BusinessFinancing.co.uk

Registered Office Address:
3rd Floor Great Titchfield House, 14-18 Great Titchfield Street, London, United Kingdom, W1W 8BD
Company number 10490224