What is classed as Semi Commercial?

 

Where the property comprises both residential living accommodation, with a proportion of the property for business purposes the commercial element may either be the owner’s business or rented out on a formal lease arrangement to a third party.  Another description commonly used is “Mixed Use”.

Typical semi commercial properties are:-

  • Shops with flats above
  • Restaurants/take-aways with flats above
  • Offices with flats above
  • Hair salons/beauticians with flats above

Stewart Hindley Commercial can help you with Mortgages and Re-Mortgages from £70,000 to £5,000,000.  We have lenders who will consider first and second charged security and who will go to 75% LTV and up to 100% for some professions.

There are both interest only and capital repayment options available with loan terms between 5 and 25 years.  Interest rates start from around 2.5% gross depending on the property you are purchasing and your personal circumstances.

Why use a Broker?

Working with a broker means you can access the right lender(s) and get the best rates available given your circumstances and the property you are purchasing.  We take the strain and do all the work for you.  Contact us today to discuss your plans/requirements.