Manchester Commercial Mortgage Scenarios

Mid-tier law firm purchasing their 8,400 sq ft floor

£2.6M facility at 65% LTV

• Typical lender type: high-street bank
• 20-year term on capital-and-interest
• Released the firm from a rising rent review and locked in cost certainty

Illustrative example: not a completed transaction

Two retail units beneath a new mixed-use building on Great Ancoats Street, both let to national covenants

£1.85M facility at 70% LTV

• Typical lender type: challenger bank, 15-year term
• Rental cover (ICR) at 165% on stressed pay rate
• Drew down 6 working weeks from packaging to completion

Illustrative example: not a completed transaction

Burton Road village parade unit, ground-floor convenience store with three flats above

£690K facility at 72% LTV

• Typical lender type: specialist lender
• Blended residential and commercial valuation
• Borrower used existing rental track record to support the file

Illustrative example: not a completed transaction

Specialist precision-engineering firm buying their 14,000 sq ft unit

£1.4M facility at 70% LTV

• Typical lender type: high-street bank
• 20-year term, capital-and-interest
• DSCR comfortably above 1.5x on three-year trading accounts

Illustrative example: not a completed transaction

Established independent restaurant operator buying the freehold of their Beech Road premises

£525K facility at 65% LTV

• Typical lender type: challenger bank, 15-year term
• Loan supported by adjusted EBITDA and goodwill on a going-concern basis
• Released the operator from an above-market lease

Illustrative example: not a completed transaction

Four-property mixed portfolio (two HMOs, one shop-with-flat, one standard BTL), consolidating across two legacy lenders

£1.95M facility at 73% LTV

• Typical lender type: specialist lender, 5-year fix
• Single facility replacing four separate loans
• Released c.£180K of equity for the next acquisition

Illustrative example: not a completed transaction