Commercial mortgages for Leeds 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 West Yorkshire. Indicative terms in 48 hours. Mid-2026 rates 6.0–9.0% 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 deals fall into one of three categories. Yours probably does too.
1. Owner-occupier: buying the building your business trades from. The dental partnership taking the LS17 surgery freehold off a retiring principal. The accountancy practice converting a lease-end into a Wellington Place floor purchase. The light-industrial trade-counter buying its Stourton 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, HTB (dedicated Leeds office) and Cambridge & 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 Leeds rates: 6.0 to 7.5% pa. See owner-occupier commercial mortgages.
2. Investment landlord: buying or refinancing a let commercial asset. Acquiring an LS1 retail unit on a 10-year FRI lease to a national covenant. Refinancing four Headingley shop-with-flat blocks off a maturing 5-year fix. Adding asset eight to a £6M CBD 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 Leeds commercial property market in 2026.
3. Trading business: owner-operator buying a going concern. The freehold pub on Town Street, Horsforth. The CQC-rated care home in Roundhay. The MOT and petrol forecourt in Morley. The day nursery in Alwoodley. 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. Allica Bank, Shawbrook, 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.
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 Leeds 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 / 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 Leeds 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 Leeds enquiry across the panel before placing, not three calls to whoever picked up.
Lenders shown below have all written Leeds 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 Leeds districts, twelve different commercial profiles.
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What’s changing hands in Leeds commercial property.
125+ commercial-relevant planning applications have been submitted across Leeds 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 Leeds City Council’s public planning register.
Updated 2026-05-10
- 26/01873/FU31/03/2026
Wade House Merrion Centre Merrion Way Leeds LS2 8NG
Facade protection installation to exterior of existing 13-storey office building, limited to spandrel zones and stair core wall panelling
LS2 8NG · DecidedView on portal → - 26/02479/DPD30/04/2026
7-25 Eastgate Leeds LS2 7LY
Change of use of from Class E (commercial, business and service) to 20 dwellinghouses Class C3
LS2 7LY · CurrentView on portal → - 26/02324/FU30/04/2026
16 Station Road Cross Gates Leeds LS15 7JX
Change of use of dog grooming parlour to restaurant with alterations and extension to shopfront to create new entrance doors and new extract vent to rear
LS15 7JX · CurrentView on portal → - 26/01852/FU30/03/2026
1 Spring Wood Crescent Bramhope Leeds LS16 9GE
Variation of condition 5 (hard and soft landscaping) to previously approved Planning Application 25/00076/FU (Retrospective Application for the Erection of Convenience Store (Use Class E(a))) for alterations to wording to reflect landscaping plan
LS16 9GE · CurrentView on portal → - 26/01838/FU30/03/2026
5 Estcourt Avenue Headingley Leeds LS6 3ES
Change of use from sui generis eight bedroom House in Multiple Occupation to three self contained apartments including new roof light to rear
LS6 3ES · CurrentView on portal → - 26/01689/FU30/03/2026
20 Glenthorpe Crescent Burmantofts Leeds LS9 7QP
Variation of condition 4 (Restrict numbers (placement/staff)) to previously approved Planning Application 24/06951/FU (Change of Use from dwellinghouse to residential childrens care home) to amend staffing arrangement
LS9 7QP · CurrentView on portal → - 26/02212/FU28/04/2026
Unit 17 The Springs Thorpe Park View Austhorpe Leeds LS15 8GH
Fit out of existing unit for use as cafe, including addition of extraction plant and external seating space
LS15 8GH · CurrentView on portal → - 26/02211/FU28/04/2026
Royds Farm Road Holbeck Leeds LS12 6DX
Change of Use from industrial / warehouse / storage use to an indoor cheerleading / sport / fitness facility, incorporating alterations including new accessible ramp, refuse area, and alterations to parking provisions
LS12 6DX · CurrentView on portal →
Source: Leeds 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.
Moortown dental practice freehold
Owner-occupier · LS17 · 20yr
£1.85M · 70% LTV · 6.85% · Allica
Stourton trade-counter unit
Industrial owner-occupier · LS10 · 15yr
£2.4M · 65% LTV · 6.55% · Lloyds
Otley Road semi-commercial parade
Shop with three flats · LS6 · 25yr
£450K · 70% LTV · 7.25% · 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 Leeds 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
Leeds & UK
Specialist focus on commercial mortgages for property investors, owner-occupier businesses and trading operators.
I'd been quoted 8.2% by my own bank for the LS17 surgery freehold. The team placed it at 6.85% with a challenger, 70% LTV, 20-year term, and walked me through the EBITDA cover model so I knew the deal was robust before legals. No surprises at credit committee.
Dr A. Patel
Practice principal, Moortown
Refinancing four Leeds shop-with-flat units off a maturing 5-year fix. They benchmarked nine lenders, narrowed to three, and got us 65% LTV at 6.95% on a 5-year fix inside a 25-year term. ICR comfortably 145%. Took six weeks start to finish.
S. Khan
Portfolio landlord, Roundhay
First-time freeholder buying my MOT garage off the landlord. They told me upfront which lenders would and wouldn't touch a single-asset trading business, saved me three weeks of chasing. Completed inside seven weeks with a high-street challenger.
J. Hardcastle
MOT garage owner, Bramley
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.