Semi commercial mortgages
We fund semi commercial mortgages to meet a wide range of business needs where the property combines both commercial and residential usage.
Semi commercial mortgages
Assetz Capital fund semi commercial mortgages to meet a wide range of business needs where the property combines both commercial and residential usage. An example of which could be a scheme where retail units occupy the ground floor while the remainder of the building is residential apartments.
You may be a property investor looking to get into the semi commercial property space. Perhaps you may rent your building and are looking to purchase it, or you may already own your building and are looking to refinance it or generate additional working capital. You may even want to convert an existing commercial building into mixed use.
Whatever your situation, we’re here to help your business grow with a tailor made solution.
If you have a deal in mind, why not call us now on 0800 470 0430 or simply click the ‘enquiry’ button below and we’ll get straight back to you.
Our key lending criteria
At Assetz Capital our focus is on supporting business and helping you achieve your growth potential. That’s why all of our semi commercial mortgages are structured around your individual needs and situation.
Flexibility is at the heart of what we can offer you and so we will consider arrangements outside those shown in the table below as well as looking to help if this is your first project.
| Indicative terms | Key features |
|---|---|
| Commitment term | Up to 5 years. |
| Amortisation profile | Up to 25 years / interest only periods considered. |
| Maximum LTV | 70%. (We may also consider MV1.) |
| Preferred loan size | £2m – £10m. |
| Rate (dependent on risk and loan size). | From 3% plus SONIA. |
If you are looking for terms that are outside the key criteria above then please still get in touch. Our flexibility means we can offer terms that most lenders can’t, allowing SMEs to fulfil their business goals.
(Criteria updated July 2024.)
Loan Repayment Calculator
Before submitting an enquiry, check how much you can borrow and see what your repayments would be with our handy loan repayment calculator.
What our clients say about us
Llechwen Hall
We are proud and excited to further develop Llechwen Hall, making it a high-end, unique, destination hotel. We’d like to thank Assetz Capital for their huge support and for turning our vision into a reality.
Ramesh Gor
Llechwen Hall
Roseberry View
With the number of staycations in the UK rising, the country needs more luxury holiday sites to meet the demand for this trend. Assetz were always on board, they totally had the same vision and backed it from the off and thats why they made the whole process very easy.
Andy Platts
Roseberry View
Robin Hood Farm
We’ve been thinking about a B & B for a while, and we saw Robin Hood Farm for sale. We started off talking to local banks, they raised our hopes and then shot them down. Assetz Capital came along and offered us our dream.
Caroline Fairest
Robin Hood Farm
Quick enquiry form
If you have a semi commercial mortgage you’d like to discuss, why not complete our quick enquiry form below and we’ll get straight back to you.
Or, why not give our expert team a call right now on 0800 470 0430.
Quick enquiry form
We’re much more than just a semi commercial mortgage funder
At Assetz Capital we’re committed to funding the growth aspirations of UK business and that’s why we offer finance and mortgage solutions across the property sector.
Planning Assistance Loan
The Planning Assistance Loan (PAL) is an innovative product from Assetz Capital. It enables experienced property developers to buy offices or warehouses before they have secured full planning permission for their residential conversion scheme.
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Development Finance
Development finance projects come in all shapes and sizes and there’s isn’t one that we haven’t seen before. From converting properties to care homes through to the new build of student accommodation. Additionally, we can also support any aspect of residential development – both traditional bricks and mortar properties and apartment blocks. Plus, we fund beyond ground up construction as we’re also expert in conversion, refurbishment and reconfiguration projects.
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Bridging Finance
Bridging finance that’s arranged for you by property finance lending experts. Whether your SME needs funding quickly for property purchase, land acquisition, light/ heavy refurbishment or development finance exit. You’re in safe hands with Assetz Capital.
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Residential Refurbishment
Our residential refurbishment loans are geared for property developers looking to buy, refurbish and sell single or blocks of properties.
ArrowSemi commercial mortgages FAQs
How does the semi commercial mortgage process work?
Our process explained PDF will take you through each step of our semi commercial mortgage process and show you just how straightforward it is.
What are the repayment terms?
Semi commercial mortgage repayment terms are capital & interest repayment with amortisation up to 25 years, initial interest only periods & interest only for full term considered within a 5 year term commitment. The minimum term is negotiable.
Who can apply for a semi commercial mortgage?
Limited companies & LLPs can apply for a commercial mortgage with Assetz Capital.
What security do you require for a semi commercial mortgage?
First legal charge (plus debenture and a level of personal guarantee for corporate borrowers).
What are acceptable property types for semi commercial mortgages?
We will accept owner occupied, fully let or part-let commercial & mixed use property.
What loan to value (LTV) will you accept?
We will accept a maximum LTV of 70% with a semi commercial mortgage.
How much can I borrow?
With a semi commercial mortgage from Assetz Capital you can borrow up to £10 million but we can arrange a facility of up to £50 million.
What are the benefits of a semi commercial mortgage?
Investing in semi commercial properties through a semi commercial mortgage can offer several advantages. These include:
Portfolio diversification: Owning a property that generates both residential and commercial income provides a diversified revenue stream, potentially increasing stability and reducing risk – particularly in ‘void periods’ when one aspect of the properties use may not be tenanted.
Higher rental income potential: Commercial units generally yield higher rental returns compared to purely residential properties, enhancing the overall investment yield.
Potential capital growth: Well-located semi-commercial properties can benefit from both residential and commercial market growth, potentially leading to increased property values over time.
What types of property can be used for a semi commercial mortgage?
Basically, any property which has both a commercial element and a separate access residential element will be classed as a semi-commercial property. The titles are usually freehold and encompass both the commercial and residential elements.
So properties eligible for semi-commercial mortgages can vary greatly but often include:
- Retail units with one or more flats above them.
• Restaurants and pubs with self-contained residential accommodation.
• Professional practices such as doctors and dentist practices with residential accommodation.
What is a semi commercial mortgage?
A semi-commercial mortgage, also known as a mixed-use mortgage, is a type of loan designed for properties that have both residential and commercial elements. These properties might include a shop with a flat above it, a pub with living quarters, or any other combination of residential and commercial spaces.