Semi Commercial Mortgages
Semi-commercial mortgages are property backed loans designed for property which is comprised of both residential and commercial elements.
They are available for a diverse array of properties and can be used to purchase or remortgage a property.
These loans are generally funded using a commercial mortgage lender and are treated in much the same way as a commercial mortgage.
Your Home (or property) may be repossessed if you do not keep up repayments on your mortgage or any other debts secured on it
Semi-Commercial Mortgages
Major advantage for investors are increased yields available through semi-commercial investments. In many cases, the rental yield is almost twice compared to a standard residential buy to let.
On top of that, as there is usually more than one tenant in the property, the risk of total loss of rent is significantly reduced. Where one tenant either leaves or fails to keep up their payments, other tenants are likely to still pay.
The other major advantage is that semi-commercial properties are exempt from the 3% stamp duty surcharge. This gives them a lower transaction cost when purchasing, when compared to residential investment properties.
Diverse Lender options
At Snow Financial, our partnerships extend to a diverse array of lenders, facilitating our ability to assist with semi-commercial and commercial mortgages.
Our network includes lenders specializing in various commercial properties, enabling us to offer tailored solutions that match the unique needs of your semi- commercial ventures.
Whether you're seeking financing for mixed-use properties, offices, industrial units, or retail spaces, our collaborative approach ensures access to a wide range of options.
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