Commercial Mortgages Salford Quays

The Salford Quays commercial property market

Salford Quays sits inside the City of Salford metropolitan borough rather than the City of Manchester, but commercially functions as the western edge of the Greater Manchester CBD orbit. MediaCityUK delivered the BBC north operations, ITV Coronation Street studios and a cluster of independent creative-tech businesses. The Lowry, Imperial War Museum North and the Quays waterfront drive a separate leisure and hospitality economy on top of the office and studio core.

Most Salford Quays commercial mortgage flow concentrates in three products. Office and studio investment in MediaCityUK-adjacent stock, typically £2M to £8M facility at 60 to 70% LTV through the mainstream high-street commercial desks. Hotel and aparthotel investment on the waterfront, typically £3M to £15M+ facility through specialist hotel desks. And BTR-adjacent ground-floor commercial in the residential schemes ringing the Quays, typically £500K to £2M facility for the retail, gym, F&B and convenience-store anchor units.

Pricing on prime MediaCityUK-adjacent office investment currently 6.5 to 7.5% pa at 60 to 70% LTV for strong covenants. Hotel and aparthotel 7.0 to 8.5% pa. Ground-floor commercial in BTR schemes 6.5 to 8.0% pa depending on covenant and lease length. HM Land Registry residential temperature on the immediate Manchester M5 / M50 boundary stretches into the M15 / Hulme print pool, with strong leasehold-flat volume confirming a continued renter base underpinning the ground-floor commercial income. Refinancing maturing 5-year fixes is the highest-volume 2026 use case.

Active commercial property types around Salford Quays and MediaCityUK

Lender appetite for MediaCityUK office and BTR-adjacent ground-floor commercial

NatWest Manchester, Lloyds commercial, Barclays and Santander compete on prime MediaCityUK-adjacent office investment at 60 to 65% LTV and 6.5 to 7.5% pa for strong covenants. Hotel investment via Cambridge & Counties, HTB and Aldermore. BTR ground-floor commercial through Shawbrook, InterBay Commercial and Cambridge & Counties at 65 to 75% LTV. Creative-tech owner-occupier via Allica, HTB and Shawbrook. Commercial mortgages are unregulated and fall outside the FCA's regulated mortgage perimeter, and we do not hold FCA authorisation because the products we arrange are unregulated.