Commercial mortgages for Manchester business buyers, landlords and operators.
We place owner-occupier, investment, semi-commercial, portfolio and trading-business mortgages with the eighteen lenders that actually write these deals in Greater Manchester. Indicative terms in 48 hours. Mid-2026 rates 6.0 to 9.0% pa.
Capital arranged
Deals completed
Lender panel
Years in market
The market, in numbers.
Mid-2026 Leeds CM market, broker panel data
90+
Lender panel
High-street, challenger and specialist desks
48hr
Indicative terms
From complete enquiry
£250M+
Arranged
Across the network
75%
Max LTV
Owner-occupier and investment
Most Manchester deals fall into one of three categories. Yours probably does too.
1. Owner-occupier: buying the building your business trades from. The professional services firm taking a floor at Spinningfields off a retiring partnership. The light-industrial trade-counter buying its Trafford Park unit off the landlord. The Didsbury dental practice buying the surgery freehold off a retiring principal. Underwriting hinges on filed accounts and EBITDA cover, typically 1.3 to 1.5 times the monthly mortgage payment, sometimes lower for established sectors. LTV to 75% on bricks-and-mortar, term 5 to 25 years. Lloyds commercial banking, NatWest Manchester, Barclays King Street and Allica Bank sit at the sweet spot for owner-occupier; Shawbrook, HTB and Cambridge & Counties cover the trickier end. Real mid-2026 Manchester rates: 6.0 to 7.5% pa. See owner-occupier commercial mortgages.
2. Investment landlord: buying or refinancing a let commercial asset. Acquiring an M1 retail unit on a 10-year FRI lease to a national covenant. Refinancing four Chorlton shop-with-flat blocks off a maturing 5-year fix. Adding asset eight to an £8M Spinningfields / Deansgate office portfolio. Underwriting tests rental cover, not your personal income. Typically ICR 140 to 160% on prime investment, DSCR 130 to 145% on portfolio. Lease length and tenant covenant carry as much weight as LTV. NatWest, Lloyds, Barclays and Santander all compete on prime single-asset investment in Greater Manchester; InterBay Commercial, LendInvest and Together cover the trickier end (multi-let, short lease, semi-commercial). Rate range: 6.5 to 8.5% pa. See commercial investment mortgages or portfolio refinance.
3. Trading business: owner-operator buying a going concern. The freehold pub on Beech Road in Chorlton. The CQC-rated care home in Didsbury. The MOT and petrol forecourt off the M60. The Ancoats boutique hotel post-refurbishment. These are sector-specialist deals. Lenders weigh goodwill, barrelage, CQC ratings, occupancy and Ofsted alongside bricks-and-mortar value. EBITDA cover 1.5 to 2.0 times. LTV typically 60 to 70% on bricks, sometimes 70%+ where goodwill is robust. Shawbrook, Allica Bank, Cambridge & Counties and HTB dominate the segment; Cynergy Bank for smaller SME operators. Rate range: 7.0 to 9.0% pa. See trading-business mortgages.
For the broader market read, our 2026 Manchester commercial property market piece covers the CBD office story, the Trafford Park industrial belt, the south-Manchester semi-commercial spines, the care-home cluster and where rates sit across the panel.
The commercial mortgage range, with the numbers.
Indicative ranges from live lender positions across our 90+ panel as of mid‑2026. LTV, cover and rate move per asset class, lease quality and trading covenant; these are the typical bands.
| Product | Facility | LTV | Cover test | Rate (pa) | Term |
|---|---|---|---|---|---|
| Owner-occupier Trading business buying its own premises. Underwritten on filed accounts and EBITDA cover, not personal income. | £150K - £10M | up to 75% | EBITDA 1.3-1.5× | 6.0 - 7.5% | 5 - 25y |
| Commercial investment Buying or refinancing a let commercial asset. Driven by rental income, lease length and tenant covenant, not your own job. | £200K - £10M | up to 75% | ICR 140-160% | 6.5 - 8.5% | 5 - 25y |
| Semi-commercial Mixed-use including shop with flats above, restaurant with private accommodation, B&B with owner quarters. Specialist desks lead this. | £150K - £5M | up to 75% | DSCR 130-145% | 6.5 - 8.5% | 5 - 25y |
| Portfolio refinance 5+ commercial assets, single facility, blended LTV. Restructures a maturing facility or rolls up multiple loans. | £500K - £25M | up to 70% | Blended ICR 140% | 6.5 - 8.0% | 5 - 25y |
| Trading business Pubs, hotels, care homes, dental, MOT, nurseries, vets, B&B. Sector specialists assess goodwill, barrelage, occupancy, CQC ratings. | £150K - £5M | 60 - 70% | EBITDA 1.5-2.0× | 7.0 - 9.0% | 10 - 25y |
| Commercial remortgage Refinancing an existing commercial mortgage on better terms, raising capital, or exiting an ERC window with a 5-year fix. | £150K - £10M | up to 75% | ICR/DSCR 140%+ | 6.0 - 8.0% | 5 - 25y |
| Commercial bridging Short-term to permanent. Bridges auction completion, vacant-to-tenanted, or unmortgageable-to-mortgageable, with a term CM exit. | £150K - £5M | up to 70% | Interest-only | 8.5 - 11.0% | 6 - 24m |
| Second-charge Capital raise behind an existing first charge. Useful when the first charge is at a low rate you don't want to disturb. | £100K - £2M | combined 75% | DSCR 130%+ | 8.5 - 11.0% | 5 - 15y |
Trading business buying its own premises. Underwritten on filed accounts and EBITDA cover, not personal income.
Facility
£150K - £10M
LTV
up to 75%
Cover
EBITDA 1.3-1.5×
Rate
6.0 - 7.5%
Buying or refinancing a let commercial asset. Driven by rental income, lease length and tenant covenant, not your own job.
Facility
£200K - £10M
LTV
up to 75%
Cover
ICR 140-160%
Rate
6.5 - 8.5%
Mixed-use including shop with flats above, restaurant with private accommodation, B&B with owner quarters. Specialist desks lead this.
Facility
£150K - £5M
LTV
up to 75%
Cover
DSCR 130-145%
Rate
6.5 - 8.5%
5+ commercial assets, single facility, blended LTV. Restructures a maturing facility or rolls up multiple loans.
Facility
£500K - £25M
LTV
up to 70%
Cover
Blended ICR 140%
Rate
6.5 - 8.0%
Pubs, hotels, care homes, dental, MOT, nurseries, vets, B&B. Sector specialists assess goodwill, barrelage, occupancy, CQC ratings.
Facility
£150K - £5M
LTV
60 - 70%
Cover
EBITDA 1.5-2.0×
Rate
7.0 - 9.0%
Refinancing an existing commercial mortgage on better terms, raising capital, or exiting an ERC window with a 5-year fix.
Facility
£150K - £10M
LTV
up to 75%
Cover
ICR/DSCR 140%+
Rate
6.0 - 8.0%
Short-term to permanent. Bridges auction completion, vacant-to-tenanted, or unmortgageable-to-mortgageable, with a term CM exit.
Facility
£150K - £5M
LTV
up to 70%
Cover
Interest-only
Rate
8.5 - 11.0%
Capital raise behind an existing first charge. Useful when the first charge is at a low rate you don't want to disturb.
Facility
£100K - £2M
LTV
combined 75%
Cover
DSCR 130%+
Rate
8.5 - 11.0%
Will the rent cover it? Will EBITDA cover it? Try here first.
Drop in your purchase price or current valuation, the LTV you're aiming for, and the term you want. Pre-set at 7.5%, the Manchester 2026 mid-market rate for prime owner-occupier and investment, with the slider running 6 to 9%. The output is a clean monthly repayment number you can put against your rent roll, your EBITDA, or your business cash flow. For ICR or DSCR stress testing on investment deals, send the rent roll through and we will model lender-by-lender.
For a tailored quote against live lender appetite, call me on 07595 366094.
Mortgage inputs
Drag the sliders.
Based on Manchester commercial mortgage market
Your estimate
Estimated monthly payment
£9,734
Capital + interest over 15 years.
- Loan amount
- £1,050,000
- Loan-to-value
- 70%
- Annual rate
- 7.5% pa
- Term
- 15 years
- Total interest
- £702,053
- Total payable
- £1,752,053
Indicative only. Actual rate and LTV depend on the asset, your trading history (for owner-occupier) or rental cover (for investment), and live lender appetite. Send your details for a tailored quote.
90+ commercial mortgage lenders. Eighteen of them on this page.
A working panel of high-street commercial divisions, tier-1 challenger banks, and specialist desks for semi-commercial and trading-business deals. We benchmark every Manchester enquiry across the panel before placing, not three calls to whoever picked up.
Lenders shown below have all written Manchester commercial mortgages with us in the last 18 months. The eight named with logos appear with explicit permission. The remaining 70+ on the full panel cover specialist sectors (CQC-regulated care, hotel EBITDA, dental goodwill, MOT/petrol forecourt) and private credit for £2M+ structured deals.
NatWest
High street
Lloyds
High street
Barclays
High street
Santander
High street
Allica Bank
Challenger bank
Shawbrook
Challenger bank
Hampshire Trust Bank
Challenger bank
Aldermore
Challenger bank
Cambridge & Counties
Challenger bank
Cynergy Bank
Challenger bank
Paragon Bank
Challenger bank
YBS Commercial
Building society
OakNorth Bank
Specialist bank
InterBay Commercial
Specialist (OSB)
LendInvest
Specialist
Together
Specialist
Recognise Bank
Challenger bank
Handelsbanken
Relationship bank
Twelve Greater Manchester districts, twelve different commercial profiles.
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What’s changing hands in Manchester commercial property.
23+ commercial-relevant planning applications have been submitted across Manchester in the last 12 weeks — change-of-use to Class E, hotel and leisure consents, office facade refurbs, retail conversions. A market-temperature read drawn directly from Manchester City Council’s public planning register.
Updated 2026-05-11
- 142841/FH/202530/04/2025
Ingleside Glencastle Road Manchester M18 7NE
Proposed conversion of rear garage building to form ancillary living accommodation (new games room) with associated external alterations
M18 7NE · DecidedView on portal → - 145066/FO/202629/01/2026
1 Chorlton Place Manchester M21 9AQ
Installation of commercial extraction system including flue
M21 9AQ · DecidedView on portal → - 142813/FH/202528/04/2025
16B Darley Avenue Manchester M20 2XF
Erection of single-storey side extension and single-storey rear extension, conversion of garage to living accommodation, elevational alterations to front, installation of 2no. Juliet balconies to front, and a front dormer and rear dormer roof extension to provide additional livin
M20 2XF · DecidedView on portal → - 145052/FH/202628/01/2026
20 Reeves Road Manchester M21 8BT
Installation of hip roof to a gable conversion, erection of two-storey side extension and single-storey rear extension and rear dormer.
M21 8BT · Awaiting decisionView on portal → - 145045/P3GPA/202628/01/2026
189 Great Western Street Manchester M14 4LN
Prior Approval to convert storage area to form 1no. self-contained one-bedroom apartment (Use Class C3)
M14 4LN · DecidedView on portal → - 142832/FO/202527/05/2025
40 Thurlston Crescent Manchester M8 0QB
Change of use from residential dwellinghouse (use class C3) to a creche/day nursery and day centre with overnight respite provision (Sui Generis Use)
M8 0QB · DecidedView on portal → - 142770/FO/202523/04/2025
1 Copgrove Road Manchester M21 9FP
Erection of detached 3 storey dwellinghouse (Class C3) in the side garden area
M21 9FP · DecidedView on portal → - 142766/FO/202523/04/2025
230 Wilmslow Road Manchester M14 6LE
Shop front alterations associated with the sub-division of existing class E retail unit into two Class E Units (Retail and Restaurant) with flue to rear
M14 6LE · DecidedView on portal →
Source: Manchester City Council Public Access planning register. Filtered for Class B/C/E uses, change-of-use to commercial, and trading-business consents. Direct commercial transaction volume (sold prices, charges register) is sourced separately via Companies House MR01 records and Estates Gazette — ask us for a deal-specific market view.
Real deals, real lenders, real numbers.
Spinningfields professional services floor
Owner-occupier · M3 · 15yr
£2.8M · 70% LTV · 6.45% · Lloyds
Trafford Park trade-counter unit
Industrial owner-occupier · M17 · 15yr
£1.95M · 70% LTV · 6.55% · NatWest
Didsbury village high-street parade
Semi-commercial · M20 · 25yr
£780K · 70% LTV · 7.15% · InterBay
The human behind the panel.
Hi — I'm Matt. I've spent two decades in property lending and commercial banking. What I do now is simple: I bring deals I believe in to lenders I already know, and I don't waste anyone's time if the numbers don't work. If you want a straight answer on your Manchester commercial mortgage, send the deal through — you'll hear back within 48 hours, and it won't be a form response.
Matt/Founder · 20+ years in commercial property finance
Experience
20+ years
In property and commercial lending, including senior corporate banking.
Arranged
£250M+
In commercial mortgages across the UK.
Lender panel
90+ lenders
Live relationships with high-street banks, challenger banks and specialist commercial lenders, Shawbrook, InterBay, LendInvest, Cynergy, Lloyds, NatWest, Barclays, Santander and more.
Coverage
Manchester & UK
Specialist focus on commercial mortgages for property investors, owner-occupier businesses and trading operators.
I had been quoted 8.5% by my own bank for a Spinningfields office freehold. The team placed it at 6.45% with a high-street commercial desk, 70% LTV, 15-year term, and walked me through the EBITDA cover model so I knew the deal was robust before legals. No surprises at credit committee.
C. Roberts
Managing partner, Manchester professional services firm
Refinancing six Greater Manchester shop-with-flat units off a maturing 5-year fix. They benchmarked nine lenders, narrowed to three, and got us 65% LTV at 7.05% on a 5-year fix inside a 25-year term. ICR comfortably 145%. Took six weeks start to finish.
R. Khan
Portfolio landlord, south Manchester
First-time freeholder buying my MOT garage off the landlord, just off the M60. They told us upfront which lenders would and wouldn't touch a single-asset trading business, saved us three weeks of chasing. Completed inside seven weeks with a high-street challenger.
M. Singh
MOT garage owner, north Manchester
Commercial mortgage FAQs.
Three to five lenders.
Indicative terms in 48 hours.
Send the property details, the LTV you're aiming for, and a rough sense of the trading position or rental income. We will shortlist three to five lenders, run live appetite, and come back with structured terms covering rate, LTV, term, fees and conditions. If the numbers don't work, you will know inside two business hours and will not have wasted a valuer's time.