Semi Commercial Mortgages
Semi-commercial properties are treated by financial institutions as a commercial mortgage proposition, even though a certain percentage of the transaction involves a residential property element.
Examples of semi-commercial properties include a shop with a flat above it or a residential property that has been partly converted into a public house. Here the purchaser will be buying the complete unit, i.e. the commercial and residential elements.
We can help provide the finance for all sorts of semi commercial transactions, whether it is a showroom with a luxury apartment above or a newsagents with a small studio flat above.
As a business buying a semi commercial property you can expect to pay in region of Bank Base rate + 1% to 3%.
The maximum loan to property value available for this type of purchase is generally around 85%. The maximum term of a semi-commercial business mortgage is usually 30 years.
If you are interested in obtaining a quote for a semi-commercial mortgage, please call our Commercial Mortgage team on:
0845 257 2492
Or apply online now for a no obligation quote.
Get your fast, no obligation, mortgage, remortgage or loan quote now.
We can arrange commercial mortgages for up to 85% of the property value irrespective of past credit problems or if you have no accounts available.
- Mortgages for pubs, restaurants and take-aways
- Mortgages for farms and agricultural businesses
- Mortgages for retail shops
- Mortgages for hotels, guest houses, and B&Bs
- Mortgages for industrial and warehouse units
- Mortgages for offices
- Commercial mortgages for professional premises
- Commercial mortgages for care homes
- Semi Commercial Mortgages
