London Credit has increased its maximum commercial LTV and reduced rates across its commercial lending range.
The lender has raised its maximum LTV from 65% to 70%, with commercial pricing now starting from 0.72% per month.
The enhanced proposition is available across a range of commercial property transactions, including acquisitions, refinancing and investment deals.
London Credit said its commercial lending proposition continues to be managed by commercial property professionals with sector experience.
The lender said this enables it to assess a broad range of commercial property assets and funding requirements, giving brokers access to flexible lending options supported by specialist underwriting.
Marios Theophanous (pictured), credit manager at London Credit, says: “Commercial lending is a market where experience is so important. Every transaction is different and understanding the nuances of a property, its income profile, tenant mix and future potential is often just as important as the numbers themselves.
“We continue to see strong demand from investors looking to acquire, refinance and reposition commercial assets. Many are also looking to maximise available leverage whilst keeping funding costs competitive.
“By increasing our maximum LTV to 70% and reducing rates across the range, we are giving brokers greater flexibility when structuring transactions, supported by a team with a deep understanding of the commercial property sector.”
