The situation
The classic mistake is applying to a pure BTL lender who declines because it's semi-commercial, or a pure commercial lender who prices as though the whole building were retail. The right lender treats the two elements distinctly.
How we approach it
We match the property to lenders that actively want mixed-use exposure — pricing on rental yield across both elements, structuring the loan around the strongest income stream.
What that looks like in practice
- Up to 75% LTV in favourable cases (typically 65-70%)
- Interest-only options where the exit strategy supports it
- Personal or Ltd Co structures both catered for
- Commercial covenant strength assessed distinctly from residential yield
- Vacant commercial units financeable — pricing reflects the risk
Typical timeline
- Week 1-2Property assessed, lender shortlist agreed.
- Week 3-6Application, valuation, legals.
- Week 6-10Offer, completion.
Common questions
What if the shop is vacant?
Financeable but at lower LTV and higher rate — lender is underwriting your ability to let it. Realistic marketing plan helps.
Can I convert the shop to residential?
Class MA permitted development covers some cases; full planning where not. Fund the purchase on a bridge, refinance onto BTL post-conversion.
How is the property valued?
Investment valuation on both elements — commercial yield on the shop, residential yield on the flat, added together.
Send the property pack
Mixed-use is a specialist deal. We'll shortlist 2-3 lenders that actively want it, not five that won't.