£600,000 Semi-Commercial Remortgage Secured at 75% LTV
Self-employed client refinanced onto a 5-year fixed rate with interest-only terms — despite a lender switch mid-process. Completed within the required timeframe. Cash flow protected.
£600,000
Loan amount
75%
Loan-to-value
15 Years
Term
The Client Scenario
Our client — a self-employed borrower — needed to refinance away from her existing lender and secure a stronger long-term position on her semi-commercial property.
The property was performing well, generating £65,800 in annual rental income , and the objective was clear: lock in a competitive rate, protect cash flow, and replace the existing facility cleanly.
Semi-commercial properties sit between residential and full commercial underwriting. For self-employed clients, lender appetite narrows further — making lender selection and case structuring critical from the outset.
What Could Have Gone Wrong
Partway through the process, we identified that the original lender was no longer the right fit for the case.
Lender switches mid-process are a common pressure point. Timelines slip, documentation restarts, and borrowers are left in limbo. Here, none of that happened.
- Lender switch triggering timeline collapse
- Self-employed income not packaged correctly for new lender
- Solicitors and valuer losing alignment on revised instruction
- Cash flow disrupted during a poorly managed refinance
The Solution
We moved quickly: identified the issue early, restructured the case around the new lender's criteria, and kept all parties — solicitors, valuer, lender — aligned throughout.
We secured a £600,000 interest-only facility on a 15-year term , fixed for 5 years at 75% LTV against an £800,000 valuation . Interest-only terms ensured the client retained strong monthly cash flow post-completion.
- Clean presentation of self-employed income from the outset
- Lender selected for appetite on semi-commercial mixed-use assets
- Interest-only structure preserved cash flow post-completion
- Proactive case management absorbed the lender switch without delay
- Solicitors and valuer kept aligned to the revised timeline
The Outcome
£600k
Facility Secured
75%
LTV Achieved
5yr
Fixed Rate Locked In
15yr
Interest-Only Term
Lender Switch Absorbed
Completed On Time
Frequently Asked Questions
Can a self-employed borrower remortgage a semi-commercial property?
Yes — though lender options are more selective. A broker with specialist semi-commercial experience will identify the right lender fit and package income correctly for underwriting. Self-employed income requires careful presentation to meet lender criteria.
What is an interest-only semi-commercial mortgage?
Interest-only means monthly payments cover interest only, not capital repayment. This preserves cash flow during the mortgage term, with the full loan balance repaid at the end — typically via sale or refinance. It's commonly used where rental income needs to remain strong relative to monthly outgoings.
What happens if a lender changes mid-process?
It can delay completion if not handled quickly. The key is identifying the issue early, restructuring the case fast, and keeping solicitors and valuers aligned to the revised timeline. This is exactly the scenario we managed on this case — no delay to the client's completion date.
What LTV is available on a semi-commercial remortgage?
It varies by lender and asset type. 75% LTV — as achieved on this case — is a competitive outcome for a semi-commercial property. Lender appetite at higher LTVs depends on the asset mix, borrower profile, and rental income coverage.
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