What is Semi Commercial finance?
Semi-commercial finance is a type of mortgage designed for properties that have both residential and commercial elements. This type of loan is ideal for property owners, investors, and developers who have mixed-use properties, such as a building with a shop on the ground floor and flats above.
At Signature Specialist Finance, we specialise in arranging competitive semi-commercial finance solutions that are tailored to meet your specific needs, whether you’re purchasing a new property, refinancing, or seeking development finance.
Benefits of Semi Commerfial finance
- Flexible Lending: Semi-commercial finance offers flexible terms to support both the residential and commercial aspects of your property.
- Maximise Rental Income: Invest in a property that allows you to generate income from both business and residential tenants.
- Lower Interest Rates: Often, semi-commercial loans come with lower interest rates than purely commercial mortgages, especially for properties with strong residential elements.
- Tailored to Your Needs: Whether you are an experienced investor or a first-time buyer, semi-commercial mortgages can be tailored to suit your business strategy.
Who is it for?
This type of finance is ideal for:
- Property Developers: Looking to finance or refinance mixed-use developments.
- Landlords: Investing in properties with a commercial and residential split.
- Business Owners: Acquiring premises that also offer a residential component.
- Investors: Wanting to diversify portfolios with mixed-use properties.
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How does it work?
- Initial Consultation: We start with a no-obligation consultation to understand your needs, your property, and your financial goals.
- Bespoke Advice: Our experts will guide you through various lending options and find the right product for your unique circumstances.
- Application Process: Once you choose a product, we help you prepare a strong application to give you the best chance of approval.
- Completion & Aftercare: From acceptance to completion, we stay by your side, ensuring the process is smooth and stress-free.
Why choose us?
- Expertise: With years of experience in the semi-commercial sector, we have extensive knowledge of the UK market and lending landscape.
- Access to Exclusive Lenders: Our strong relationships with specialist lenders mean we can access finance options not available on the high street.
- Tailored Solutions: We understand that every client’s needs are different. We take the time to offer personalised solutions.
- Efficient & Transparent: We provide clear, transparent advice with no hidden costs, and work to ensure a quick turnaround on your finance needs.
Frequently Asked Question
Q: What kind of properties qualify for semi-commercial finance?
A: Any property that includes both residential and commercial elements can qualify. Common examples include shops with flats above, mixed-use developments, and office spaces with residential units.
Q: Do I need a large deposit?
A: Deposit requirements vary, but lenders typically require a deposit of 20% to 40% of the property’s value. We can help you find the best options based on your financial circumstances.
Q: Can I refinance my existing semi-commercial property?
A: Yes, refinancing is a common reason for seeking semi-commercial finance. We can help you find more competitive rates or release equity for other investments.
Why Work with Signature?
Our processes are designed for speed, ensuring you have the funds you need when you need them.
With extensive experience in auction finance, our team is well-versed in the intricacies of auction purchases and financing.
We offer personalised finance solutions tailored to your unique requirements and investment goals.
From initial consultation to post-purchase financing, we provide reliable support and guidance at every stage of the process.
How to Get Started
Purchasing properties at auction can be a rewarding investment strategy, but it requires quick and reliable financing. We’ll be your trusted partner in securing the funds you need to succeed at auction.
get in touch:
Signature Specialist Finance Limited, registered at Lake View, Festival Way, Stoke-on-Trent, Staffordshire, ST1 5BJ. Company Register number is 13802607. ICO registration ZB673067 and you can check via www.ico.org.uk
Signature Specialist Finance Limited is not authorised by the Financial Conduct Authority and can only complete non-regulated introductions.
We will receive commission from lenders. Different lenders pay different amounts depending on different commission models. For transparency we work with the following commission models: percentage of the amount you borrow and rate for risk (this is based on the risk profile of the business). Further details of the commission model, calculation and amount will be disclosed to you throughout your customer journey.