Related topic: semi-commercial

Total UK semi-commercial lending reached approximately £242m during Q2, representing annual growth of around 20%.

Tom Steer, head of underwriting at LendInvest, explores why property investors are shifting their capital into the semi-commercial sector, what constitutes a semi-commercial property,...

The Bank has introduced a dedicated pricing band for loans between £250,000 and £1 million.

The lender is reducing rates by 0.15% on its fast-track buy-to-let range, up to 0.20% on its specialist range for large MUFBs, and 0.15% across its commercial products.

The addition of mixed-use properties allows intermediaries to "capitalise on this rapidly expanding market", LendInvest says.

The product offers short-term funding of up to £4m for properties that combine both residential and commercial elements.

Molo has also strengthened its semi-commercial proposition, with the introduction of a new two-year fixed rate.

Rates across the proposition now start from 0.80% per month.

The move follows the introduction of Keystone’s first refurb-to-let product range last year.

The new proposition includes loan sizes from £45,000, helping brokers place smaller semi-commercial deals.