Wells, Somerset

Commercial Mortgages & Property Finance in Wells

Wells is England's smallest city, granted its status solely on the basis of its stunning medieval cathedral, often considered the most beautiful in England. The city's medieval precinct with Vicar's Close (the oldest continuously inhabited street in Europe), the Bishop's Palace with its famous moat and swans, and the compact centre create one of England's most picturesque urban settings.

Wells City CentreWells CathedralDulcoteHaybridgeSt Cuthbert's
£255
Avg Price/sq ft
4.9%
Average Yield
+14%
5yr Price Growth
+10%
5yr Rental Growth

Wells Local Market Intelligence

England's smallest city with magnificent cathedral. Premium property market. Tourism and schools drive economy.

— CMB Market Analysis

Key Industries

  • Tourism & Heritage
  • Independent Retail
  • Healthcare
  • Education (Wells Cathedral School)
  • Hospitality

Transport Links

  • A39 to Glastonbury/Bath
  • A371 to Shepton Mallet/Wincanton
  • No direct rail (nearest: Castle Cary/Bath)
  • Local bus services to Bath/Bristol

Regeneration

Very limited due to conservation; Wells city centre heritage conservation; Bishop's Palace and moat restoration; Cathedral School campus investment; Princes Road housing; recreation ground improvements

Commercial Mortgages in Wells

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

Our ex-banker team understands the Wells 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 Wells

When speed matters for your Wells 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 Somerset, 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 Wells

For developers building in Wells, 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 Somerset. 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 Somerset

Why Wells for Commercial Property Investment

Lender Appetite

Good appetite for heritage city properties.

Latest Commercial Property News in Wells

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

Calculate Your Wells Property Finance

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