Our new Buy-to-Let mortgage for commercial property and semi-commercial property will bring bridging-like speed and flexibility to landlords investing in England or Wales.
Utilise our tools to see how to can maximise the loan amount and borrow more.
Semi-Commercial & Commercial Buy-to-Let Mortgages: All You Need to Know
What are Semi-Commercial & Commercial Buy-to-Let Mortgages?
Commercial BTL mortgages are specialist mortgages designed specifically for landlords investing in commercial properties. Obvious examples may include offices, retail spaces, or warehouses. Our commercial BTL mortgages bring bridging like speed and flexibility to the market, allowing investors to jump on any commercial opportunities they find with confidence. They also have many features that support a range of borrower circumstances, with tools available to maximize a borrower’s loan size, cover various interest repayment plans, and support property investors with complicated backgrounds.
How do Semi-Commercial & Commercial Buy-to-Let Mortgages work?
Our Semi-Commercial & Commercial Buy-To-Let Mortgages follow a similar process to our residential mortgages. Following an enquiry, an assigned underwriter will gather a few initial details on the investment, and provide indicative terms. From here, we will get a DIP issued, complete the valuation process, get the legal documentation wrapped up, and, deliver funding.
All our mortgages are underwritten from day one, with underwriters who do the majority of the leg work on behalf of the broker. Our semi-commercial BTL mortgages are issued on a 10-year term, for properties where the space will have a residential element of 50% or more. For our commercial BTL mortgages, the commercial element must be over 50%. Again, commercial funding is available on a 10-year maximum term.
What can Semi-Commercial & Commercial Buy-To-Let Mortgages be used for?
The Semi-Commercial & Commercial Buy-to-Let funding can be put towards a variety of property types, while accommodating a broad range of circumstances. Our funding is there for individual borrowers, trading companies, owner-occupiers, LLPs, SPVs and Trusts, and more.
Property wise, our mortgages can be used for typical options such as pubs and hotels, but also more niche properties, including Multi Unit Freehold Blocks, holiday lets, and mixed-use buildings.
Our commitment to adaptability remains with this new semi-commercial and commercial buy-to-let mortgage. Every application will be assessed on its individual merit, and has an assigned underwriter from day 1. Borrow up to £2m per property or up to £10m for a portfolio on a fixed rate or tracker mortgage. Our willingness to lend to your client is paramount. And we vow to deliver bespoke solutions wherever possible.
Our Buy-to-Let mortgage for commercial & semi-commercial property has many features to support a range of borrower circumstances. We have tools available to maximize your client’s loan size, cover various interest repayment plans, and support property investors with complicated backgrounds.
Download our latest commercial product guide to find out more.
Our commercial & semi-commercial mortgage for Buy-to-Let properties have many features to support a range of borrower circumstances:
Our semi-commercial BTL mortgages are issued on a 10-year term. The properties’ space will have a commercial element of less than 50% .
For our Buy-to-Let mortgage for commercial property, the commercial element must be 50% or more. Funding is available on a 10-year term.
Though both products have the option to be exited earlier.
The products are split into two tiers, dependent on the borrowers’ situation.
We consider a wide range of borrowers, incl. experience landlords, first-time commercial landlords, real estate investors, overseas investors and owner-occupiers.
The commercial mortgage for buy-to-let property can be used for commercial as well as semi-commercial, mixed-use, HMO, MUFB and more. We can also consider niche property types like warehouses, lockups, care homes, hotels, B&Bs, educational buildings, gyms and other leisure property, pubs and restaurant.
This semi-/commercial buy-to-let mortgage is interest-only. It ranges between £150k and £2m, for portfolios £10m. Applicants, depending on their background, may be able to borrow up to 70% LTV of vacant possession. They can also roll up to 6 months of repayments, and defer up to 1.5% interest.
Our commercial and semi-commercial term finance can be utilised by a range of borrowers, including Limited and trading companies, owner-occupiers, LLPs, SPVs and Trusts, overseas investors and more.
The funding can be put to use towards various property types, including large residential blocks, mixed use properties, HMOs, MUFBs, Student lets and holiday lets. We can also consider brick & mortar as well as vacant possession valuations for hotels and B&Bs, pubs and restaurants, nursing and care homes, school buildings, gyms and places of leisure, warehouses, as well as petrol stations.
