Whitby, North Yorkshire

Commercial Mortgages & Property Finance in Whitby

Whitby is one of England's most atmospheric coastal towns, its harbour, abbey ruins, and 199 steps inspiring Bram Stoker's Dracula and a thriving goth subculture alongside traditional fishing and seaside tourism. Captain Cook set sail from here, and the town's jet jewellery heritage and annual Goth Weekends create a unique cultural identity. Fish and chips from the Magpie Cafe is a national institution.

Whitby Town CentreWhitby AbbeyWest CliffEast SideRuswarp
£240
Avg Price/sq ft
5.5%
Average Yield
+20.5%
5yr Price Growth
+15.5%
5yr Rental Growth

Whitby Local Market Intelligence

Dracula heritage and Captain Cook. Strong tourism year-round. Fishing industry.

— CMB Market Analysis

Key Industries

  • Tourism & Hospitality
  • Fishing & Seafood
  • Heritage & Culture
  • Retail
  • Holiday Lettings

Transport Links

  • Northern Trains to Middlesbrough (90 mins) via Esk Valley
  • A171 to Scarborough (20 miles)/Middlesbrough
  • A169 to Pickering/A64
  • Whitby Harbour and marina

Regeneration

Whitby Church Street and harbourside improvements; Whitby Business Park; swing bridge area enhancement; Endeavour Wharf; West Cliff parking and access; marine coastal protection works

Commercial Mortgages in Whitby

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

Our ex-banker team understands the Whitby 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 Whitby

When speed matters for your Whitby 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 North Yorkshire, 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 Whitby

For developers building in Whitby, 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 North Yorkshire. 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 North Yorkshire

Why Whitby for Commercial Property Investment

Lender Appetite

Good appetite for tourism properties.

Latest Commercial Property News in Whitby

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

Calculate Your Whitby Property Finance

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