Allica waives arrangement fees on commercial mortgages and increases large loan LTVs

Allica Bank is waiving arrangement fees on commercial mortgages of £750,000 and above for a limited time.

Arrangement fees will be waived on owner-occupier mortgages of £750,000 and above, commercial investment mortgages of £750,000 and above, and specialist BTL mortgages of £1.5m and above for all new eligible applications submitted between 7th July 2026 and 30th September 2026.

Additionally, Allica is making further changes to its commercial mortgages proposition.

This includes increasing the maximum amount it will lend against a property’s value to 77.5% on commercial mortgages of £3m and above, allowing brokers to help borrowers access bigger loans with a smaller deposit.

Allica will also now consider lending up to £5m on commercial properties with a single tenant — up from the previous £2m cap — and where the tenant has at least five years left on their lease.

Nick Baker, CCO at Allica Bank (pictured above), commented: “Brokers play a key role in supporting established businesses’ growth ambitions, and they have told us they need more support when it comes to larger, more complex commercial mortgages, especially where clients are weighing up significant upfront costs and tighter lending criteria.

“By waiving arrangement fees on bigger loans, we are helping established businesses, the backbone of the UK economy, hold on to more of their money so that they can continue to invest in their future.

“At the same time, increasing our LTV and widening our appetite is about giving brokers more flexibility to structure borrowing that actually works in the real world.”