Commercial Mortgages Birmingham
Digbeth Birmingham post-industrial creative quarter buildings

Commercial Mortgages Digbeth

Digbeth (B5 and B12) is Birmingham's creative quarter, the Custard Factory and Fazeley Studios cluster on Gibb Street, the BBC Birmingham move into the Tea Factory, the Beorma Quarter Phase 2 mixed-use scheme fronting the Curzon Investment Plan and the £1.9bn Smithfield Birmingham masterplan delivered by Lendlease. We arrange bridging finance for change-of-use to venue and F&B, term debt on stabilised creative-studio blocks and development exit on Smithfield-adjacent residential-over-retail.

21 active commercial property listings currently tracked in Digbeth.

The Digbeth commercial property market

Digbeth sits immediately south-east of the Bullring, bordered by the Curzon Investment Plan area to the north and the Smithfield Birmingham masterplan to the west. The commercial mortgage flow splits three ways: creative-studio and Class E refinance around the Custard Factory cluster, change-of-use bridging on Class E to F1 venue conversions along Digbeth High Street and Gibb Street, and development exit on the early Smithfield and Beorma Quarter residential-over-retail schemes.

Bridging is the dominant single product in Digbeth right now. Auction purchases of vacant warehouse stock, change-of-use to venue or F&B, then refurb-to-term once income is established. Current bridging pricing 0.75 to 1.10% pm at 65 to 70% LTV, term-out to commercial investment at 7.0 to 8.5% pa. LendInvest, Shawbrook, Together and Reward Finance are the most active bridging lenders for this profile.

HM Land Registry residential transactions in B5 and B12 are concentrated in apartment conversions and the new mixed-use stock around the Beorma Quarter and Smithfield fringe. Used as a market-temperature signal they confirm Digbeth's residential side continues to absorb supply, which underwrites the ground-floor F&B and creative-studio rent roll on the mixed-use commercial stack.

Recent commercial planning activity in Digbeth (B5 / B9 / B12)

Two live applications anchor the current Digbeth commercial pipeline. The Custard Factory refurbishment (Ref 2024/03587/PA) covers change of use and refurbishment of the existing creative quarter buildings on Gibb Street to provide flexible Class E commercial floorspace, studio space and F&B units, the canonical Digbeth refurb-to-term archetype. The Beorma Quarter Phase 2 mixed-use scheme (Ref 2025/00214/PA) is a 36-storey residential tower with a 19-storey hotel, a 10-storey office building and ground-floor retail / F&B fronting the Curzon Investment Plan area, the canonical development-exit archetype as plots reach practical completion. The Smithfield Birmingham masterplan (Ref 2022/04425/PA) continues to shape the wider Digbeth fringe pricing. Stamp duty applies at the commercial rates on each acquisition; refinancing is unaffected.

Active commercial property types in Digbeth

Custard Factory creative-studio

Multi-let Class E studio and workspace investment.

£500K-£3M facility

Vacant warehouse change-of-use

Auction-purchase warehouse, bridging to venue or F&B conversion.

£300K-£1.5M

F&B / venue trading-business

Bars, restaurants, music venues across Digbeth High Street and Gibb Street.

£300K-£1.5M

Beorma Quarter / Smithfield mixed-use

Stabilised mixed-use blocks for refinance and development exit.

£1M-£8M

Fazeley Studios creative office

Heritage creative-office investment.

£500K-£2.5M

Development exit

PC residential-over-retail exit from senior debt to term.

£1M-£5M

Commercial mortgage products active in Digbeth

Bridging on change-of-use via commercial bridging. Term debt on stabilised creative-studio via commercial investment. Venue and F&B operators routing through trading-business mortgage on EBITDA. Development exit on Smithfield-adjacent mixed-use is the highest-volume single 2026 product.

Owner-occupier

Businesses buying their trading premises, EBITDA cover at 1.3-1.5x, LTV to 75% on bricks.

Commercial investment

Let assets, ICR at 140-160% stressed, LTV typically 65-75%.

Semi-commercial

Shop+flat archetypes, blended ICR ~145%, LTVs to 75% via specialists.

Bridge-to-let

Vacant or value-add acquisitions with refurb / re-let exit onto term mortgage.

Refinancing

Maturing facilities, equity release on stabilised commercial assets, rate-driven switches.

Lender appetite for Digbeth creative quarter and Smithfield fringe

Bridging strong across LendInvest, Shawbrook, Together and Reward Finance at 65 to 70% LTV and 0.75 to 1.10% pm. Term refinance on stabilised creative-studio via Shawbrook, Cynergy Bank, OakNorth and Cambridge & Counties. F&B and venue trading-business via Cynergy Bank and specialist licensed-trade desks. Development exit on Smithfield-adjacent stock pulls in the OakNorth-tier and Cambridge & Counties bracket at the larger end. Commercial mortgages are unregulated lending and fall outside the FCA's regulated mortgage perimeter, we do not hold FCA authorisation because the products we arrange are unregulated.

Property types we finance in Digbeth

Asset classes most active in Digbeth, each linked to the dedicated finance structure, lender appetite and typical terms for that property type.

Leisure & hospitality

Leisure & Hospitality

LTV: 60–70%

Mixed-use

Mixed-Use

LTV: 65–75%

Office

Office

LTV: 65–75%

Pub & restaurant

Pub & Restaurant

LTV: 60–65%

Retail

Retail

Investment LTV: 65–75%

Industrial & warehouse

Industrial & Warehouse

LTV: 70–75%

Digbeth sold-price data

Live HM Land Registry transaction data for the Digbeth local authority area. Use this as market evidence when appraising your scheme or testing GDV assumptions.

Median price

£220K

-0.8% YoY

Transactions (12m)

6,122

Completed sales

New-build share

1.7%

107 new-build sales

New-build premium

+25.0%

vs existing stock

Median price by property type

Detached

£360K

Semi-detached

£250K

Terraced

£210K

Flat / Apartment

£140K

Recent transactions

DatePostcodeAddressTypePrice
26 Feb 2026B30 2JA32, SHIRLEY ROADTerraced£231K
25 Feb 2026B31 1LL105, NIGEL AVENUESemi-detached£85K
25 Feb 2026B14 4TU42, ASHDALE DRIVESemi-detached£275K
25 Feb 2026B13 0SJ51, BAGNELL ROADSemi-detached£484K
24 Feb 2026B26 3XF119, MAPLEDENE ROADFlat / Apartment£69K
24 Feb 2026B16 0SX114, STANMORE ROADSemi-detached£460K
23 Feb 2026B38 8LN679, REDDITCH ROADSemi-detached£234K
20 Feb 2026B17 9SSFLAT 5, 51, WENTWORTH ROADFlat / Apartment£174K

Source: HM Land Registry Price Paid Data, Birmingham LPA. Updated 27 Apr 2026.

Digbeth commercial mortgage FAQs

Yes. Bridging at 65 to 70% LTV, 0.75 to 1.10% pm, 12 month term with refurb-to-term exit is the canonical Digbeth play. LendInvest, Shawbrook and Together are the most active. Planning consent for the change of use needs to be in place or in flight before drawdown.
Up to 70% LTV via Shawbrook or Cynergy Bank on the stabilised rent roll, ICR around 145% on multi-let Class E income. Refurb-to-term is the more common entry route, owners refinance after 12 to 18 months of stabilised income.
Yes via portfolio refinance or single-asset development exit, depending on structure. Cheaper, longer-term debt to replace senior development funding on practically-complete units. OakNorth, Cambridge & Counties and Shawbrook are the most active lenders for this profile.
Routes through trading-business mortgage on EBITDA, barrelage and licence type. Cynergy Bank and specialist licensed-trade desks most active. Typical 60 to 65% LTV at 8.0 to 9.0% pa.

Other Birmingham Areas We Cover

Birmingham City Centre

32 active listings

Jewellery Quarter

24 active listings

Edgbaston

14 active listings

Selly Oak

9 active listings

Sutton Coldfield

11 active listings

Solihull Edge

13 active listings

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