The new option is designed to help investors — including individuals, limited companies and trusts — buy, manage, refinance or add value to commercial real estate assets, such as office buildings, industrial, retail, leisure and mixed-use buildings. 

It offers loans up to £5m for individual borrowers or £10m aggregate for those in common ownership.

The new product is available at up to 75% LTV on fixed or floating rates and terms up to five years.

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Kevin Beevers, managing director of commercial lending at Hodge (pictured above), said: “Hodge has a great track record in providing a human approach to commercial lending — each client has direct access to a dedicated, experienced relationship manager and each application is personally reviewed and assessed by a specific underwriter who evaluates its merits and risk. 

“That relationship and one-to-one method really helps to get the best out of the finance product for the investor, and is especially suited to active investors who regularly buy, refinance, modify or sell property, as that type of investor requires a close relationship with their funder.

“We designed the 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."