The lender’s maximum loan-to-value (LTV) semi-commercial rate at 70% has been reduced from 1% per month to 0.92% per month. Rates at lower-LTV bands have also been reduced, with pricing now starting from 0.8% per month.
London Credit’s semi-commercial bridging products are available for acquisitions, refinancing and investment opportunities involving properties that combine both residential and commercial elements, including retail units with flats above, mixed-use investments and other semi-commercial assets.
Constantinos Savvides (pictured), head of underwriting at London Credit, said: “One of the reasons semi-commercial property continues to attract investors is that it often sits in a part of the market where opportunities can be overlooked by others. These properties often sit outside the standard residential or commercial categories, creating opportunities for investors who know how to identify potential and structure deals accordingly.
“That means the conversation is often about far more than simply finding the lowest rate. Investors want lenders who understand how these assets operate in practice and can assess the full picture. By reducing rates across our semi-commercial range, we’re helping brokers place more competitive deals while maintaining the pragmatic approach needed to support semi-commercial transactions.”
Earlier this month, the firm bolstered its commercial offering with lower rates and higher LTVs.
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