London Credit has increased its maximum loan to value (LTV) from 65% to 70% and reduced commercial rates, with pricing now starting from 0.72% per month.
The enhanced proposition is available across a broad range of commercial property transactions, including acquisitions, refinancing and investment transactions, the lender said.
Marios Theophanous, credit manager at London Credit, said that there was still strong demand for commercial property.
“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.”
Recent figures show that increasing numbers of buy-to-let landlords are turning to commercial or semi-commercial property in a search for higher-yielding investments. Analysis by lender Together of HMRC data shows an 18% increase in the volume of commercial and mixed-use or semi-commercial property purchases from 95,660 to 113,750 between 2022 and 2025.
Aldermore Insights with Jon Cooper: Edition 9 – Why lending strategy is becoming more central in buy to let
Sponsored by Aldermore
Together’s own data shows that the number of semi-commercial and commercial mortgages written increased by 9.8% over the same period – from 1,538 to 1,690.
In March, London Credit launched an enhanced refurbishment finance range.