Commercial Property Re-financing in Scotland

Re-financing a commercial property can give your business room to grow, reduce borrowing costs, or release equity to invest elsewhere. At Pomphreys Solicitors in Wishaw, we guide clients across Scotland through the commercial re-financing process—ensuring every detail is handled with accuracy, efficiency and legal care.

Why Re-finance Commercial Property?

Re-financing allows a property owner to replace their existing loan with a new lending arrangement—often to secure a better interest rate, extend the repayment period, or borrow additional funds against the property’s equity. It’s common among landlords, business owners, developers, and investors looking to restructure their finances or take advantage of more favourable terms.

Whether you’re switching lenders or re-negotiating terms with your existing provider, commercial re-financing requires specialist legal input to review documentation, report on title, and ensure compliance with lender requirements.

What We Do for You

Pomphreys will support you at every stage of your re-financing process. Our service includes:

Reviewing title deeds and securities – to ensure your property is legally sound and free of issues that might affect lending
Carrying out property and planning checks – confirming there are no breaches or restrictions that could concern your lender
Preparing Reports on Title and Certificates of Title – legal documents that confirm ownership, property condition, and use
Coordinating with your lender – responding to their solicitor’s requirements and managing correspondence
Discharging old securities – working with your previous lender to remove their charge on the property
Registering new security documents – completing all submissions to Registers of Scotland on your behalf

We also assist with drafting and signing Standard Security documents (the Scottish equivalent of a mortgage) to meet your lender’s legal requirements.

Once we’ve reviewed the offer of loan, we’ll also advise you on any obligations it contains, such as early repayment charges, building insurance conditions, or financial covenants. We ensure that nothing is signed until you’re clear on what is involved.

Woman carring out her calculations for commercial re-financing

Why Timing Matters

Commercial lenders often work to tight schedules, particularly with bridging finance or seasonal investment. Delays in document submission or legal review can cost you money or even jeopardise the loan offer. That’s why working with experienced commercial property solicitors like Pomphreys ensures things are completed on time, with no corners cut.

We liaise directly with banks, brokers, surveyors, and accountants to ensure the process is coordinated, accurate, and well-documented.

Why Choose Pomphreys Solicitors?

Businesses and investors throughout Wishaw and Lanarkshire trust us for:

✅ Responsive, deadline-driven service
✅ Meticulous attention to legal details
✅ Clear communication throughout the transaction
✅ Experience with a wide range of lenders, including high street banks, private funders, and alternative finance providers

We understand that commercial borrowing decisions are strategic, and our role is to protect your position and keep everything moving smoothly.

Re-finance with Certainty and Legal Peace of Mind

If you’re re-mortgaging or restructuring your commercial finances, the right legal advice is essential. Pomphreys Solicitors will handle the legal formalities efficiently and ensure your interests are protected. Get in touch with us today to explore your refinancing options.

You may also be interested in:

Commercial Purchase – for acquisitions supported by borrowing
Commercial Leasing – if you’re re-financing a let property
Partnerships & Company Formation – to discuss how your property is held

❓ Common Questions About Commercial Property Re-financing in Scotland

How long does a commercial re-finance take?

Typically, 4 – 8 weeks, depending on your lender’s requirements and how quickly information is provided. We aim to keep the process as smooth as possible.

Can I re-finance through a company?

Yes. Many commercial properties are held in company names. We’ll help with the necessary company resolutions, guarantees, and regulatory checks.

What’s a Standard Security?

It’s the Scottish version of a legal charge or mortgage over property. We’ll explain its terms and arrange for it to be signed and registered properly.