Commercial Mortgages Birmingham
Specialist commercial finance brokers for Birmingham and the West Midlands. We place owner-occupier, investment, semi-commercial, portfolio and trading-business commercial mortgages with the lenders that actually write these deals. As an independent mortgage broker in Birmingham, we benchmark commercial mortgage rates across high-street, challenger and specialist lenders. Indicative terms in 48 hours. Mid-2026 mortgage rates 6.0 to 9.0% pa.
Property finance arranged
Years in financial services
Indicative terms (hours)
Maximum LTV
The market, in numbers.
Mid-2026 Birmingham CM market, Broker market data
25 yrs
Financial services
Founder, raising debt and equity
48hr
Indicative terms
From complete enquiry
£400m+
Arranged
Property finance, founder
75%
Max LTV
Owner-occupier and investment
Most Birmingham commercial mortgage and commercial finance deals fall into one of three categories.
1. Owner-occupier: buying the building your business trades from. The dental partnership taking the Mere Green surgery freehold off a retiring principal. The accountancy practice converting a lease-end into a Colmore Row floor purchase. The light-industrial trade-counter buying its Tyseley B11 unit off the landlord. 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. Allica Bank, Shawbrook, Hampshire Trust Bank and Cambridge and Counties sit at the sweet spot for owner-occupier. Lloyds, NatWest and Barclays price competitively where the covenant is strong and the sector is mainstream. Real mid-2026 Birmingham rates: 6.0 to 7.5% pa. See owner-occupier commercial mortgages.
2. Investment landlord: buying or refinancing a let commercial asset. Acquiring a B2 retail unit on a 10-year FRI lease to a national covenant. Refinancing four Moseley shop-with-flat blocks off a maturing 5-year fix. Adding asset eight to a £6M Colmore Business District 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. InterBay Commercial, LendInvest and Together sit at the trickier end (multi-let, short lease, semi-commercial). Rate range: 6.5 to 8.5% pa. See commercial investment mortgages or portfolio refinance. For the wider market read see our editorial on the Birmingham commercial property market in 2026.
3. Trading business: owner-operator buying a going concern. The freehold pub on Broad Street. The CQC-rated care home in Sutton Coldfield. The MOT and petrol forecourt on the A45. The day nursery off Hagley Road in Edgbaston. 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%-plus where goodwill is strong and the trading covenant is well evidenced. Allica Bank, Shawbrook, Cambridge and Counties and Hampshire Trust Bank dominate the segment. Cynergy Bank for smaller SME operators. Rate range: 7.0 to 9.0% pa. See trading-business mortgages.
The commercial mortgage range, with the numbers.
Indicative ranges from published lender positions across the market 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 2026 mid-market rate locally 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 quote against live lender appetite, call me on 07595 366094.
Mortgage inputs
Drag the sliders.
Based on Birmingham 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.
Who lends on commercial property in the UK.
The market spans high-street commercial divisions, challenger banks, and specialist lenders for semi-commercial and trading-business deals. We benchmark every Birmingham enquiry against the high-street, challenger and specialist lenders whose criteria fit the deal, not three calls to whoever picked up.
The lenders below are examples of who is active in the UK commercial mortgage market. Naming a lender describes the market; it does not mean we have a relationship with it. Specialist sectors (CQC-regulated care, hotels, dental, MOT and forecourts) and larger structured deals have their own specialist lenders.
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 Birmingham districts, twelve different commercial profiles.
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What’s changing hands in Birmingham commercial property.
24+ commercial-relevant planning applications have been submitted across Birmingham 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 Birmingham City Council’s public planning register.
Updated 2026-05-11
- 2022/04425/PA27/06/2022
Smithfield Birmingham Masterplan, Bullring, Pershore Street, Birmingham B5 6PB
Hybrid planning application for the redevelopment of Smithfield Birmingham to provide a mixed-use scheme including residential, retail, F&B, leisure, hotel, office and public realm, by Lendlease Europe and Birmingham City Council
B5 6PB · ApprovedView on portal → - 2023/00472/PA21/01/2023
3 Centenary Square (Three Centenary Way / Paradise Phase 3), Broad Street, Birmingham B1 2DT
Detailed planning application for office building of approximately 280,000 sq ft Grade A office accommodation with retail / F&B at ground floor, Paradise Birmingham Phase 3, Argent and Birmingham City Council JV
B1 2DT · ApprovedView on portal → - 2024/01290/PA14/03/2024
Curzon Investment Plan, Eastside Locks, Cardigan Street, Birmingham B4 7BL
Outline application for mixed-use redevelopment of Eastside Locks within the Curzon Investment Plan area, including office, residential, hotel and F&B, supporting HS2 Curzon Street station enabling works
B4 7BL · PendingView on portal → - 2024/03587/PA06/09/2024
Custard Factory, Gibb Street, Digbeth, Birmingham B9 4AA
Change of use and refurbishment of existing creative quarter buildings to provide flexible Class E commercial floorspace, studio space and F&B units
B9 4AA · ApprovedView on portal → - 2024/04812/PA22/11/2024
103 Colmore Row, Colmore Business District, Birmingham B3 3AG
Internal refurbishment and Cat A fit-out of floors 7 to 12, prime CBD office building, scheme led by Sterling Property Ventures
B3 3AG · ApprovedView on portal → - 2025/00214/PA29/01/2025
Beorma Quarter Phase 2, Digbeth High Street, Birmingham B5 4BU
Mixed-use scheme: 36-storey residential tower, 19-storey hotel, 10-storey office building and ground-floor retail / F&B, fronting the Curzon Investment Plan area
B5 4BU · PendingView on portal → - 2025/00890/PA11/03/2025
Fort Dunlop, Fort Parkway, Erdington, Birmingham B24 9FE
Refurbishment of existing office and retail accommodation at Fort Dunlop, including Class E reconfiguration and energy-efficiency upgrades
B24 9FE · ApprovedView on portal → - 2025/01334/PA08/04/2025
Martineau Galleries, Corporation Street, Birmingham B4 6BU
Hybrid application for the redevelopment of Martineau Galleries to provide residential, hotel, retail, F&B, office and public realm at the eastern end of New Street, Hammerson and Lendlease
B4 6BU · ApprovedView on portal →
Source: Birmingham 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.
Illustrative Birmingham commercial mortgage scenarios: indicative structures, not completed transactions.
Mere Green dental practice freehold
Owner-occupier · B74 · 20yr
£1.85M · 70% LTV · 6.85%
Tyseley trade-counter unit
Industrial owner-occupier · B11 · 15yr
£2.4M · 65% LTV · 6.55%
Alcester Road semi-commercial parade
Shop with three flats · B13 · 25yr
£450K · 70% LTV · 7.25%
The human behind the broker.
Hi, I'm Matt Lenzie, founder. I have 25 years in financial services, raising debt and equity, and have arranged around £400m of property finance. What we do is simple: package deals the way a credit officer wants to read them, take them to the high-street, challenger and specialist lenders whose criteria fit the deal, and tell you straight if the numbers do not work. If you want a straight answer on your Birmingham commercial mortgage, send the deal through, you will hear back within 48 hours, and it will not be a form response.
Matt Lenzie/Founder · 25 years in financial services, raising debt and equity
Experience
25 yrs
Financial services, raising debt and equity.
Arranged
£400m+
Property finance arranged.
Lender market
High street to specialist
We approach the high-street, challenger and specialist lenders whose criteria fit the deal.
Coverage
Birmingham & UK
Specialist focus on commercial mortgages for property investors, owner-occupier businesses and trading operators.
Bank-Beat Refinance
Illustrative example: a dental practice refinancing its surgery freehold, comparing an own-bank quote of 8.2% with a challenger at around 6.85%, 70% LTV over a 20-year term, with full EBITDA cover modelling completed before legals.
Illustrative example: not a completed transaction
Portfolio Refinance
Illustrative example: a landlord refinancing four shop-with-flat units into one facility, at around 65% LTV and 6.95% on a 5-year fix inside a 25-year term (ICR 145%), typically completing in six to eight weeks.
Illustrative example: not a completed transaction
First-Time Freeholder Purchase
Illustrative example: an MOT garage operator buying the freehold from the landlord, where the key question is which lenders will consider a single-asset trading business, typically completing in seven to nine weeks with a challenger bank.
Illustrative example: not a completed transaction
Birmingham commercial finance, mortgage solutions and investment mortgage options explained.
What a commercial mortgage is. A commercial mortgage is a loan secured against a non-residential property used for business purposes. The property itself sits as property as security: if the loan does not repay, the lender can recover the debt secured against the asset. That principle is the same as a residential mortgage, but the underwriting is different. A residential mortgage tests personal income and FCA-regulated affordability. A commercial mortgage tests the building, the trading business inside it, and the lease income coming off it. Commercial mortgages are unregulated lending. We do not hold FCA authorisation because the products we arrange are unregulated. Where a deal would require FCA authorisation we refer the enquiry to a regulated adviser.
The four core deal types we see across the West Midlands. Owner-occupier commercial mortgages: a trading business buys the premise it operates from, dental, accountancy, light-industrial, Class E retail. Repayments on your mortgage come from EBITDA, so lenders model 1.3 to 1.5 times trading-profit cover. Investment mortgages: investment properties let to third-party tenants on commercial leases, tested on rental cover (ICR 140 to 160%) rather than your income. Semi commercial mortgages: the classic shop-with-flat on Alcester Road, Vyse Street or the High Street in Harborne, blended retail and residential income, 70 to 75% LTV. Trading-business mortgages: a pub, hotel, care home, MOT garage or day nursery bought as a going concern, where goodwill and sector ratings (CQC, Ofsted) shape the deal alongside bricks-and-mortar value. None of this overlaps with buy to let, which is a residential mortgage product tested on personal income and rental yield.
What drives the rate. LTV (loan to value) is the lever. Owner-occupier reaches 75% on bricks-and-mortar, semi commercial 70 to 75%, trading-business 60 to 70%. DSCR (debt-service coverage ratio) tests net rent against the full mortgage payment on investment mortgages, typically at 130 to 145%. ICR (interest cover ratio) tests rent against the interest-only component at 140 to 160%. The Bank of England base rate trajectory and the gilt curve set lender funding costs, then individual commercial lenders price margin on top. Mid-2026 Birmingham mortgage rates: 6.0 to 7.5% pa on owner-occupier, 6.5 to 8.5% pa on commercial investment and semi commercial, 7.0 to 9.0% pa on trading business. Five-year fixes price roughly 0.25 to 0.50% above two-year fixes. Bridging finance for change-of-use, auction purchase, or chain-break funding sits at 0.75 to 1.10% pm and routes to a different set of commercial lenders.
Remortgaging, refinance and capital raise. Around a third of the deals we run for Birmingham clients are not a fresh purchase commercial property transaction at all. They are commercial remortgages off a maturing fix, capital raise against rising asset value to fund business growth, or release on sale or refinancing of part of a portfolio. The same lender market and the same metrics apply: LTV, DSCR, ICR, EBITDA, lease length, tenant covenant. Competitive rates are most readily available on prime owner-occupier and prime investment, where high-street commercial desks compete hardest. Stretched LTV, short-lease investment or sector-specialist trading business pushes the deal to a challenger or specialist commercial lender on a slightly higher margin, but the deal still completes.
Why use commercial mortgage brokers rather than going direct. The high-street financial services desks price within their own credit policy and rarely compare you to the wider market. We do, every deal. For West Midlands business owners choosing between two or three lenders direct, the spread between cheapest and most-expensive viable offer is routinely 0.40 to 0.90% on rate plus 0.50 to 1.50% on arrangement fee, on a £1M facility that compounds across the term. We map mortgage solutions across the market and present every viable finance option: high-street commercial, challenger bank, specialist mortgage lender, private credit, and bridging finance where the timing demands it. Whether the deal is an owner-occupier purchase, an investment mortgage on a single let asset, or a refinance to reduce mortgage repayments off a maturing fix, we model it lender-by-lender first. We charge a transparent broker fee on completion, disclosed up front, no upfront retainers. If the numbers will not work for any sensible commercial purposes, we say so inside two business hours.
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.