Related topic: semi-commercial

The lender says the move is due to the competitive pricing of semi-commercial properties alongside lower stamp duty rates.

Retail space above flats is continuing to prove the most popular option.

For the first time, Allica will offer below-market-value leverage up to 80% of the purchase price.

The new product provides intermediaries with a dedicated solution for clients looking to invest in properties with a mix of commercial and residential uses.

The move is designed to support brokers structuring mixed-use deals with limited commercial use.

London Credit has also updated its valuation methodology.