Truro, Cornwall

Commercial Mortgages & Property Finance in Truro

Truro is Cornwall's only city and administrative capital, centred on its magnificent Victorian Gothic cathedral. The city serves as Cornwall's principal shopping, professional services, and healthcare hub, with the Royal Cornwall Hospital as a major employer. Truro's riverside setting and compact centre support strong commercial property demand across retail, office, and hospitality sectors.

City CentreTruro CathedralThreemilestoneMoreskTreliske
£235
Avg Price/sq ft
5.3%
Average Yield
+20%
5yr Price Growth
+15%
5yr Rental Growth

Truro Local Market Intelligence

Cornwall's only city and commercial hub. Strong retail centre. Healthcare sector anchor.

— CMB Market Analysis

Key Industries

  • Healthcare (Royal Cornwall Hospital)
  • Professional Services
  • Retail
  • Education
  • Public Administration

Transport Links

  • GWR Cornwall Main Line hub to London/Plymouth
  • A39 to Falmouth/north Cornwall
  • A390 to St Austell/Liskeard
  • Truro river ferry to Falmouth

Regeneration

Pydar Street mixed-use regeneration (Truro's largest development site); Truro Eastern District Centre; Langarth Garden Village (4,000+ homes); riverside and lemon quay improvements

Commercial Mortgages in Truro

Whether you're acquiring office space, retail units, or industrial property in Truro, our commercial mortgage solutions provide long-term financing tailored to your investment strategy. We work with high street banks and specialist lenders to secure competitive rates across Cornwall, with terms from 3 to 25 years and up to 75% LTV.

Our ex-banker team understands the Truro commercial property market and has direct relationships with lender credit committees, meaning faster decisions and better terms for your deal.

  • Owner-occupied and investment commercial mortgages
  • Terms from 3 to 25 years with competitive fixed and variable rates
  • Up to 75% LTV on commercial property
  • Portfolio and multi-asset lending available

Commercial Mortgage Key Facts

Loan Size£50k - £25m+
Max LTV75%
Term3 - 25 years
Decision48 hours

Commercial Bridging Finance in Truro

When speed matters for your Truro property transaction, commercial bridging finance provides short-term funding to bridge the gap. Whether you're securing a time-sensitive acquisition, funding an auction purchase, or refinancing before a long-term facility is in place, we can arrange bridging loans from completion in as little as 7 days.

With access to specialist bridging lenders across Cornwall, we structure deals that match your exit strategy and keep costs to a minimum.

  • Completion possible in 7-14 days for urgent transactions
  • Rates from 0.55% per month with no exit fees available
  • Up to 75% LTV on commercial and semi-commercial property
  • Auction finance, chain-break funding, and refurbishment bridges

Bridging Finance Key Facts

Loan Size£25k - £25m+
Max LTV75%
Term1 - 24 months
Speed7-14 days

Development Finance in Truro

For developers building in Truro, our development finance solutions fund ground-up construction, conversions, and major refurbishment projects. We arrange staged drawdown facilities aligned to your build programme, ensuring capital is available at each construction milestone.

From site acquisition to practical completion, we structure development loans that maximise your returns across Cornwall. Our team assesses GDV, build costs, and local market conditions to present the strongest case to lenders.

  • Staged drawdowns aligned to construction milestones
  • Up to 90% of build costs and 70% of land value
  • Ground-up, conversion, and heavy refurbishment projects
  • Day-one land funding available for experienced developers

Development Finance Key Facts

Loan Size£150k - £50m+
Build CostUp to 90%
Term6 - 24 months
Land ValueUp to 70%

Your Local Expert

Matt Lenzie

Founder & Principal Broker

  • Ex-Lloyds Bank and Bank of Scotland
  • Board advisor to pension trustee with £3.9bn AUA
  • Direct lender relationships across Cornwall

Why Truro for Commercial Property Investment

Lender Appetite

Good appetite for quality retail and offices. Premium Cornwall location.

Our team has experience in Cornwall property finance markets.

Latest Commercial Property News in Truro

Commercial property news for Truro will appear here once available. Check back soon for the latest market updates.

Calculate Your Truro Property Finance

Use our interactive calculators to estimate costs for commercial mortgages, bridging finance, and development loans.