SEMI-COMMERCIAL BRIDGING

Fast, flexible bridging

For those clients looking for short-term finance on properties that are part commercial and part residential, we offer bridging solutions that provide the time you need to organise tenants, obtain planning permission and even undertake light refurbishments, before arranging long-term finance.

Key rates & features:

MAXIMUM LOAN

£10,000,000

MINIMUM LOAN

£50,000

MAXIMUM LTV

70%

ARRANGEMENT FEE

2%

BROKER COMMISSION

Negotiable

MONTHLY INTEREST

0.89% – 1.25%

INTEREST PAYMENT METHOD

Serviced, retained or rolled

MINIMUM TERM
3 Months
MAXIMUM TERM
18 Months

Key Product Criteria*

SEMI-COMMERCIAL PROPERTY

Mixed-use with at least 50% residential

TENURE

Freehold or leasehold with more than 60 years left on the lease

COMMERCIAL TENANCIES

Leases will be reviewed on a case by case basis

TYPE OF CHARGE

First charge, second charges considered

WORKS

Light refurbishment works, such as kitchens, bathrooms, floor coverings, general decoration and extensions where stage payments are not required, no strucural alterations and no planning permission is needed

 

* Please refer to the criteria page for standard loan criteria for all products

Download our full product guide
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