Semi-Commercial Mortgages

Image

If the property you’re aiming to purchase has both commercial and residential elements, then you will need a semi-commercial mortgage. Semi-Commercial mortgages is designed for experienced landlord and property investors who want to invest in commercial property with living accommodation onsite.

Semi-Commercial mortgage lenders offer a multitude of varied products. Some lenders may offer you interest-only options, even if you plan to reside in the building, whereas other lenders won’t.

Other lenders will offer longer mortgage terms and as a result, rates can have a vast difference.

The nature of the building will have an effect on the rates you’re offered.
A Semi-Commercial mortgage can be used for any tenure, whether freehold or leasehold
Semi-commercial mortgages would be suitable for the following properties:

  • Commercial units with flats

  • Guest homes that are owner occupied

  • Pubs with self-contained accommodation

  • Buildings with self-contained offices and flats

Our lending partners can lend up to 75% loan to value. It is possible to obtain a higher LTV than 75% and in some cases a 100% mixed commercial and residential mortgage. This can only be done by offering security to the lender in the form of equity from another property or an existing business. We can search the entire market, finding you the best-suited deal.