Consett, County Durham

Commercial Mortgages & Property Finance in Consett

Consett is a former steel town on high ground above the Derwent Valley that has reinvented itself since the steelworks closed in 1980. The town now serves as a service centre for west Durham with a growing population, and the Genesis Project has developed the former steelworks site into a business park. The area is known for some of the highest, coldest, and windiest conditions in England.

Consett Town CentreThe GroveLeadgateBlackhillShotley Bridge
£80
Avg Price/sq ft
7.5%
Average Yield
+11.5%
5yr Price Growth
+9%
5yr Rental Growth

Consett Local Market Intelligence

Former steel town. C2C cycle route terminus. Strong community identity.

— CMB Market Analysis

Key Industries

  • Manufacturing
  • Retail
  • Healthcare
  • Construction
  • Renewable Energy

Transport Links

  • A691 to Durham (14 miles)
  • A692 to Gateshead/A1
  • A68 to Darlington/Scotland
  • No direct rail (bus links to Newcastle/Durham)

Regeneration

Genesis Business Park on former steelworks; Project Genesis community regeneration; Consett town centre renewal; number One Industrial Estate expansion; Hownsgill Park development

Commercial Mortgages in Consett

Whether you're acquiring office space, retail units, or industrial property in Consett, 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 County Durham, with terms from 3 to 25 years and up to 75% LTV.

Our ex-banker team understands the Consett 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 Consett

When speed matters for your Consett 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 County Durham, 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 Consett

For developers building in Consett, 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 County Durham. 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 County Durham

Why Consett for Commercial Property Investment

Lender Appetite

Good appetite for commercial.

Latest Commercial Property News in Consett

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

Calculate Your Consett Property Finance

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