Hodge brings out product for commercial investors | Mortgage Strategy

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Hodge has launched a commercial investment finance product aimed at borrowers with a commercial buildings portfolio.

The lender says that it has been designed for “serially active” and “proven” investors to purchase, manage, refinance or renovate commercial real estate assets.

It is available at up to 75% LTV with loan terms and floating or fixed rates of up to five years, with a maximum loan size of £5m for individuals and £10m for borrowers in common ownership.

Limited companies, limited liability partnerships, sole traders and trust are eligible to apply.

Hodge managing director of commercial lending Kevin Beevers says: “We designed [this] product as we saw a gap in the market in this area of commercial property, where investors who specifically target commercial real estate assets are not well served, despite running highly successful portfolios.”

“Getting the right bank, with the right property experience and approach is vital to underpin a successful commercial real estate investment. We aim to be the finance provider of choice for our target market with our adaptable attitude to applications, as well as our attractive criteria.”


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