Semi-Commercial Property Finance: The Complete Guide

Semi-commercial properties always have a residential element but may have various different commercial elements such as Offices, Retail units, Medical practices, Hotels, or Restaurants.

What does a Lender want to know?

• How the building and commercial elements are structured (separate leases or single freehold title?).
• Are the units rented out to third parties?
• Lease expiry and break clauses.
• The split of the building (value split, square footage split, rental value split).

Things to Consider

The majority of clearing banks will want the loan to amortise over a period of time. Owning semi-commercial properties may require further regulations like Fire regulation certificates and Asbestos reports.

Money Pilot can supply you with a spreadsheet breaking down the crucial information specifically for semi-commercial properties in an easily digestible format for lenders.