London Credit has cut monthly rates across its semi-commercial bridging range by up to eight basis points (bps).
The lender has reduced its maximum 70% loan-to-value semi-commercial rate from 1.00% per month to 0.92% per month.
Rates at lower LTV bands have also been reduced, with pricing now starting from 0.80% per month.
London Credit said the products are available for acquisitions, refinancing and investment opportunities involving properties with both residential and commercial elements.
These include retail units with flats above, mixed-use investments and other semi-commercial assets.
Constantinos Savvides, head of underwriting at London Credit, says: “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.”
