SEMI-COMMERCIAL BRIDGING
Fast, flexible bridging
For those clients looking for short-term finance on properties that are part commercial and part residential, we offer bridging solutions that provide the time you need to organise tenants, obtain planning permission and even undertake light refurbishments, before arranging long-term finance.
“As property investors look for diversification in their portfolios, commercial space combined with a residential aspect, is becoming an increasingly attractive form of property investment. Our understanding of the different components of such a property allows us to give the flexibility required in buying such properties.”
Matthew Anderson
Bath & West Finance
Commercial Director
Key rates & features:
£2,000,000
£50,000
65%
2%
from 1%
from 1.15%
Serviced, retained or rolled-up
90 Days
360 Days
Key Product Criteria*
SEMI-COMMERCIAL PROPERTY
Mixed-use with at least 50% residential
TENURE
Freehold or leasehold with more than 60 years left on the lease
COMMERCIAL TENANCIES
Leases will be reviewed on a case by case basis
TYPE OF CHARGE
First charge, second charges considered
WORKS
Light refurbishment works, such as kitchens, bathrooms, floor coverings, general decoration and extensions where stage payments are not required, no strucural alterations and no planning permission is needed
* Please refer to the criteria page for standard loan criteria for all products