“These changes are rooted in one clear principle: listening to our broker partners and understanding what established businesses really need from their bank”
– Nick Baker – Allica Bank.
Allica Bank has reduced buy-to-let mortgage rates by 0.25% across its specialist range, alongside a broader set of changes to its commercial mortgage offering that extends support to first-time commercial landlords, expat borrowers, and healthcare property investors.
The challenger business bank says the changes were introduced in direct response to broker feedback, with the rate reduction aimed at giving brokers greater confidence on pricing-sensitive transactions.
First-time landlords will now be considered for commercial investment mortgages, subject to a maximum loan-to-value 10% below the standard threshold, provided the property has at least 25% residential use and a professional management agent is in place.
A new healthcare investment proposition extends Allica’s lending appetite to select residential care properties on an investment basis, complementing its existing support for owner-operators. The bank says investor demand for long-term, income-backed assets in that sector remains strong.
For expat borrowers, Allica has broadened its commercial investment and bridging criteria to include companies where ownership sits outside the UK, widening access to a borrower group that can face limited options in the market. The announcement follows a strong period for the bank.
Allica closed a £155 million Series D funding round in February 2026, pushing its valuation to $1.2 billion, and reported record results for 2025 with total lending reaching £3.7 billion. In a 2025 survey of more than 1,000 broker partners, 89% rated their experience with the bank as excellent or good.
“These changes are rooted in one clear principle: listening to our broker partners and understanding what established businesses really need from their bank,” said Nick Baker, chief commercial officer at Allica Bank (pictured).
“Established businesses are the backbone of the UK economy, but too often they are held back by rigid lending criteria or a lack of specialist expertise. By giving brokers greater flexibility, we can help more business owners access the funding they need to invest, adapt and grow.
“At Allica, our focus is on building a pragmatic, relationship-led proposition shaped by what brokers tell us their clients need — not by what banks assume they need.”