Together Unveils New Semi-Commercial Loan Range for Landlords and Investors

Together, a leading specialist lender, has introduced a new semi-commercial loan product designed to support landlords and investors in the acquisition and refinancing of mixed-use properties. This new offering aims to cater to the growing demand for flexible financing in properties that combine residential and commercial elements.

The new semi-commercial loan features a competitive variable rate starting from 7.99% on a five-year fixed term. These loans are versatile, suitable for both owner-occupier and investment purposes, encompassing purchases and refinances. A key characteristic is their application to mixed-use properties where the majority of the floorspace or land is utilized for residential purposes, distinct from the business premises.

Together's new products are available for loans secured against a wide array of property types. The lender is also prepared to consider various incorporated structures, including trusts, LLPs, SIPPs, and individuals. Notably, this includes first-time buyers and non-UK applicants, broadening the accessibility of these loans. Furthermore, there is no maximum age limit for self-funding loans, offering greater flexibility for a wider demographic of borrowers.