Semi-commercial mortgages

We’re not just experts in standard commercial loans.

Our semi-commercial criteria could help investors with mixed property requirements who are looking to diversify their portfolios.

Not only do we offer terms of up to 30 years, but we have two product tiers depending on the loan size. What’s more, we’ll also consider lending against the investment value of a property.

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£200k up to £1m

Tier one products available on lower-yielding, typically better-quality properties, based on factors such as property age, location and condition.

(Fee 1.5%)

Property Yield* Product 55% LTV 65% LTV 75% LTV
Tier one – up to 7% Variable 3m LIBOR + 3.24% 3m LIBOR + 3.74% 3m LIBOR + 4.24%
Two-year fixed 4.09% 4.59% 5.09%
Five-year fixed 4.19% 4.69% 5.19%
Tier two – Above 7% Variable 3m LIBOR + 3.84% 3m LIBOR + 4.34% 3m LIBOR + 4.84%
Two-year fixed 4.69% 5.19% 5.69%
Five-year fixed 4.79% 5.29% 5.79%

Three month LIBOR is currently 0.79%, and subject to a minimum rate of 0.75%

*Property Yield = ( Market rent ) x 100
Market value (vacant possession)

Loans above £1m

Tier one products available on lower-yielding, typically better-quality properties, based on factors such as property age, location and condition.

(Fee 1.5%)

Property Yield* Product 65% LTV 75% LTV
Tier one – up to 7% Variable 3m LIBOR + 3.24% 3m LIBOR + 3.74%
Two-year fixed 4.09% 4.59%
Five-year fixed 4.19% 4.69%
Tier  two – Above 7% Variable 3m LIBOR + 3.84% 3m LIBOR + 4.34%
Two-year fixed 4.69% 5.19%
Five-year fixed 4.79% 5.29%

Three month LIBOR is currently 0.79%, and subject to a minimum rate of 0.75%

*Property Yield = ( Market rent ) x 100
Market value (vacant possession)

Expat

If your client is a UK national living and working abroad, an additional 0.50% margin will apply, as will specific lending criteria. All other fees and product terms remain as standard.