Penrith, Cumbria

Commercial Mortgages & Property Finance in Penrith

Penrith is the eastern gateway to the Lake District and a key service town for Eden Valley, sitting at the junction of the M6 and A66 trans-Pennine route. The town has a strong agricultural market heritage, a thriving independent retail centre, and acts as the commercial hub for a vast rural hinterland stretching to the Scottish border and North Pennines AONB.

Penrith Town CentreUllswaterRheged CentreCliftonEamont Bridge
£165
Avg Price/sq ft
5.8%
Average Yield
+12.8%
5yr Price Growth
+9.5%
5yr Rental Growth

Penrith Local Market Intelligence

Eastern gateway to Lake District. Strong tourism and agricultural economy. Market town character.

— CMB Market Analysis

Key Industries

  • Agriculture & Livestock
  • Tourism
  • Professional Services
  • Retail
  • Food & Drink

Transport Links

  • West Coast Main Line to London (3 hrs)/Glasgow (1hr 20)
  • M6 Junction 40 (adjacent)
  • A66 to Scotch Corner/A1(M)
  • A6 to Kendal/Carlisle

Regeneration

Penrith New Squares town centre scheme; Gilwilly Industrial Estate expansion; Carleton housing development; Eden Valley railway heritage; Castlegate heritage quarter improvements

Commercial Mortgages in Penrith

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

Our ex-banker team understands the Penrith 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 Penrith

When speed matters for your Penrith 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 Cumbria, 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 Penrith

For developers building in Penrith, 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 Cumbria. 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 Cumbria

Why Penrith for Commercial Property Investment

Lender Appetite

Good appetite for tourism sector.

Latest Commercial Property News in Penrith

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

Calculate Your Penrith Property Finance

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