Remortgaging Buy-to-Let Property Over Commercial Food Outlets

Buy-to-let property located above commercial premises can be an excellent investment, particularly when situated over busy food outlets such as restaurants, takeaways or cafés. These properties often provide strong rental yields, thanks to central locations and high tenant demand.

However, when it comes to remortgaging such properties, many landlords find that traditional lenders are reluctant to lend or impose stricter conditions. At Mortgage321, we specialise in navigating these niche scenarios to secure solutions tailored to your portfolio.

Why Lenders Are Cautious

Properties above or near commercial food outlets are considered higher risk by many lenders due to factors such as:

• Potential fire risks associated with commercial kitchens.
  
• Odours and noise which may impact the property’s desirability to tenants.
  
• Resale value concerns, as future buyers may also face limited mortgage options.
  

Because of these perceived risks, lenders often cap the maximum loan-to-value (LTV) at 65%. This means landlords will need a larger equity position compared with standard buy-to-let remortgages.

How Mortgage321 Can Help

With over 30 years of industry experience, Mortgage321 has access to a wide range of specialist lenders who understand complex buy-to-let scenarios. Here’s how we add value:

• Access to niche lenders – We work with providers who are comfortable lending on properties above food outlets.
  
• Tailored structuring – Whether you’re looking to release capital for further investment or simply secure a better rate, we’ll structure the mortgage to maximise your position.
  
• Clear guidance – From LTV restrictions to lender criteria, we make sure you know exactly where you stand before making decisions.
  
• Portfolio expertise – If this property forms part of a larger portfolio, we’ll ensure your remortgage aligns with your overall strategy.
   

Is Remortgaging Right for You?

Remortgaging a buy-to-let property over a food outlet may be suitable if you are:

• Looking to release equity for further property investment.
  
• Hoping to consolidate borrowing into a more competitive product.
  
• Preparing for the expiry of your current mortgage deal.
  
• Seeking to switch from a bridging facility to a long-term buy-to-let solution.

Talk to Mortgage321 Today

If you own a buy-to-let property above a commercial food outlet and are considering remortgaging, expert advice is essential. At Mortgage321, we specialise in finding solutions for properties that don’t fit the standard criteria.

With a maximum loan-to-value of 65%, planning ahead is crucial—but with the right advice, your investment can continue to deliver strong returns.

📞 Get in touch with Mortgage321 today on 0800 612 8292 or email [email protected] to explore your options and secure the right remortgage for your property.