Lendinvest’s latest announcement can be viewed here. Remember, their BTL product set is available via our Direct to Lender Mortgage Club as well as through our fees free packaging service. We also offer their Bridging range too. Full details are available here. Contact our team to discuss any cases or criteria in detail across their full range.
Introducing Semi-Commercial BTL Lending
You asked, so we delivered! We are excited to introduce our Semi-Commercial proposition to our BTL range, covering purchase and remortgage finance to help your clients capitalise on market growth.
We accept applications from both individuals and UK Limited Companies across Tier 1 and Tier 2 borrower profiles. Expat investors are also welcome, provided a professional UK-based management agent is in place to look after the asset.
Semi-Commercial lending, simplified:
- Loan Range: Scalable funding options from £50,000 up to £3,000,000.
- Unit Caps: Up to 20 individual residential units, with absolutely no cap on commercial units.
- ICR Affordability: Financial viability is assessed using an Interest Coverage Ratio calculated from 125%.
- Property Split: Acceptable as security as long as the residential element is more than 50% of the overall value.
Read more: A Broker’s Guide to Our Semi-Commercial BTL Lending
Read our up-to-date criteria guide here.