Allica Bank enhances commercial investment proposition with buy-to-let rate reductions, broader lending criteria and more
Allica Bank, the challenger business bank, today announces a series of enhancements across its commercial mortgage range designed to give brokers even greater confidence when supporting the UK’s established businesses.
Introduced in direct response to feedback from brokers, the changes include reduced rates across Allica’s specialist buy-to-let range, appetite to support for first-time commercial landlords, a new offering for expat borrowers and a brand-new healthcare investment proposition.
The healthcare updates now enable lending against select residential care properties on an investment basis, alongside Allica’s existing support for owner-operators, further strengthening its presence in a resilient sector where investor demand for long-term, income-backed assets remains strong.
Allica will now also consider first-time landlords for commercial investment mortgages with a maximum LTV 10% lower than standard, and where the property has at least 25% residential use and a professional management agent is in place.
In addition, the bank has also reduced rates across its specialist buy-to-let range by 0.25%, reinforcing its commitment to brokers to navigate pricing-sensitive transactions.
For expat borrowers, Allica has enhanced its commercial investment and bridging proposition to extend its appetite for companies where ownership is based outside of the UK.
Together, these changes reflect Allica’s ongoing commitment to meeting the needs of brokers and established businesses in the UK – ensuring they have the flexibility and support needed to thrive.
The announcement follows a landmark year for the bank, which saw it valued at $1.2bn after closing a £155m Series D funding round in February 2026, as well as announcing record results for 2025, including total lending reaching £3.7bn. Allica says it has remained committed to supporting brokers and listening to their feedback. In a 2025 survey of more than 1,000 of the banks broker partners, 89% rated their experience with the bank as excellent or good.
Nick Baker, chief commercial officer at Allica Bank, said: “These changes are rooted in one clear principle: listening to our broker partners and understanding what established businesses really need from their bank.
“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.”