- Standard BTL rates now apply to semi-commercial loans over £5m with up to 20% commercial element.
- Helps brokers with mixed-use deals, focusing on residential-heavy properties.
- Reflects investor trends, offering flexibility and reinforcing long-term relationships.
The change applies to cases over £5m where the commercial element makes up no more than 20% of the overall property.
The move was designed to support brokers structuring mixed-use deals with limited commercial use, and reflects increasing demand for residential-heavy investment properties.
Andrea Glasgow, Sales Director, Specialist Mortgages and Bridging Finance said:
We’ve seen a clear rise in demand for mixed-use property, particularly where the commercial part is modest but contributes to a strong overall return. These are often flats above shops or mixed-use assets where the commercial use is stable and predictable, such as a convenience store or takeaway. The structure is sound, the return is strong, and the pricing should reflect that. This change brings more flexibility. As always, brokers have direct access to the underwriter and the support of a team that knows how to get these deals moving.
Alex Upton, Managing Director, Specialist Mortgages and Bridging Finance added:
This is a strategic pricing adjustment that reflects how investor behaviour is changing. Semi-commercial assets with low commercial content are becoming a core part of long-term portfolio strategies. By aligning our pricing, we are reinforcing our commitment to supporting well-structured cases with the right level of flexibility. It is a practical enhancement that demonstrates the strength of our proposition, built on clarity, long-term relationships and lending that evolves with our brokers and their clients.
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