Semi-commercial remortgages
Refinance an existing mixed-use property to a better rate, to release equity, or to move off a bridge or a maturing facility onto a new term mortgage.
What a semi-commercial remortgage is
A semi-commercial remortgage replaces the existing loan on a mixed-use property with a new one, usually to secure a better rate, to release equity built up in the property, or to move off a maturing or short-term facility. The new mortgage is secured against the same shop with a flat above, office with residential uppers, or other mixed-use building, and sized on the rental income the property produces.
Borrowers remortgage for several reasons. A current deal may be coming to the end of its fixed period and reverting to a higher rate. The property may have risen in value or had its rent increased, creating equity that can be released for another purchase or for works. A short-term bridge taken to buy or refurbish the asset may be ready to be refinanced onto a long-term mortgage now the property is income-producing. Each of these is a standard remortgage case.
We are a finance arranger and introducer, not a lender. Remortgaging a mixed-use property held for business or investment is unregulated lending, outside the FCA's regulated mortgage perimeter. Where an individual occupies the residential element, regulated rules can apply and we refer those cases to a regulated firm.
- Replaces the existing loan on a mixed-use property
- Cuts the rate, releases equity or exits a bridge
- Up to 70 to 75 percent loan to value
- Sized on the combined commercial and residential rent
- For individuals and limited company borrowers
Indicative terms
- Loan to valueUp to 70 to 75% of value
- Rate6.5 to 8.5% a year (indicative)
- Term5 to 25 years
- Affordability125 to 140% ICR on combined rent
- PurposeRate, equity release or bridge exit
- BorrowerIndividual or limited company
Indicative only. Terms vary by lender, property and borrower and are not an offer of finance.
Who it suits
- Owners coming off a fixed rate or revert rate
- Investors releasing equity for another purchase
- Borrowers exiting a bridge onto a term mortgage
- Limited company landlords refinancing an SPV asset
Discuss semi-commercial remortgage
A view on lenders and likely terms within one working day.
How a semi-commercial remortgage works
Set the objective
We establish whether the priority is a lower rate, releasing equity or exiting a short-term facility, which shapes the lender choice.
Revalue and size
A current commercial valuation sets the property's value and rent, and we size the new loan on the combined income at up to 70 to 75 percent loan to value.
Place and compare
We compare the whole market, from high street banks to specialists such as Shawbrook, Allica and Cynergy Bank, on rate and the all-in annual cost.
Switch and complete
We manage the new lender through underwriting and completion, redeeming the existing loan and releasing any equity to you.
Who can remortgage a semi-commercial property
Semi-commercial remortgages are open to individuals, partnerships and limited companies that own a mixed-use property with sufficient equity and income. Lenders assess the current value and rent, the commercial lease and residential tenancy, your payment record on the existing loan, and your credit history. Most remortgages are straightforward because there is a track record on the asset to show. A property that has risen in value or improved its rent since purchase often supports either a lower rate at the same loan, or a larger loan releasing equity, or both.
How much you can release on a remortgage
A remortgage can raise up to 70 to 75 percent of the property's current value, sized on the combined commercial and residential rent at an interest cover ratio of typically 125 to 140 percent. Where the property has grown in value, the difference between the new loan and the balance being redeemed is released to you as equity, which investors commonly use as the deposit on the next acquisition. Where the aim is simply a better rate, the new loan matches the existing balance and the saving comes from the lower interest cost.
Rates, fees and the cost of switching
Semi-commercial remortgage rates run from around 6.5 to 8.5 percent a year for mid-2026. Switching costs a lender arrangement fee of roughly 1.5 to 2 percent, a commercial valuation fee and legal costs, and the existing loan may carry an early repayment charge if you move within its tie-in. We weigh those costs against the interest saving or the value of the equity released so a switch only goes ahead where the numbers work. These figures are indicative and not an offer of finance.
Remortgaging against staying on your current deal
Staying put is simplest, but a deal reverting to a higher follow-on rate, or a short-term bridge nearing its end, usually costs more than a remortgage saves. A remortgage resets the rate, can release equity the property has built, and replaces an expensive bridge with long-term money. Against that sit the switching costs and any early repayment charge. We model both paths, current deal against remortgage, so the decision rests on the all-in annual cost rather than the headline rate alone.
Semi-commercial remortgage: common questions
Can you remortgage a commercial property?
Yes. Commercial and semi-commercial property can be remortgaged to a new lender to cut the rate, release equity or exit a short-term facility, sized on the property's rental income at up to 70 to 75 percent of value.
What is a semi-commercial mortgage?
A term loan secured against a property with both a commercial and a residential element under one title. A semi-commercial remortgage replaces an existing loan of that kind with a new one on better terms or at a higher loan.
Can a 70 year old get a long mortgage term?
Commercial and semi-commercial lenders are generally more flexible on age than residential lenders, because the loan is serviced by rental income rather than personal earnings. Maximum age at the end of term varies by lender, and we place older borrowers with the desks that take the most accommodating view.
What should I not tell a lender?
Nothing should be concealed. A remortgage lender needs the full picture of the property's income, your payment record, existing borrowing and any issues with the building. Full disclosure is what gets a switch approved smoothly, and we help you present it clearly.
Discuss semi-commercial remortgage
Send us the property details and we will come back with a view on lenders and likely terms within one working day.