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Best Commercial Mortgage Lenders UK 2026

Our picks for the best UK commercial mortgage lenders in 2026, covering owner-occupied, investment, semi-commercial, and mixed-use properties.

Last updated: April 2026. Written by the Lendus editorial team.

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A commercial mortgage can help UK businesses and property investors purchase or refinance office buildings, retail units, warehouses, pubs, hotels, and mixed-use properties. With rates having stabilised following the 2023–24 base rate cycle, 2026 is an active market with competitive pricing from both specialist banks and challenger lenders.

Our top picks

Top Pick Best for non-standard and complex properties

Together Money

Together Money has become the benchmark lender for commercial properties that mainstream banks won't touch — including short-lease buildings, mixed-use properties with unusual commercial elements, ex-local authority holdings, and properties requiring light refurbishment. Its flexible underwriting and willingness to lend on property value rather than income alone make it indispensable for experienced investors. Terms available up to 25 years.

Rates
From 5.99% p.a.
Amount
£75,000 – £5,000,000
Speed
7–14 business days
Rating
4.1/5
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Best for investment and buy-to-let landlords

Shawbrook Bank

Shawbrook Bank is a leading specialist bank for professional property investors seeking commercial mortgages on retail, industrial, office, and HMO properties. Its underwriting team is experienced in complex investment structures including SPVs, limited companies, and portfolio landlords with large property books. Competitive rates and consistent service standards have earned it a strong broker following.

Rates
From 5.75% p.a.
Amount
£150,000 – £5,000,000
Speed
5–10 business days
Rating
4/5
Read full review
Best for owner-occupiers

Aldermore Bank

Aldermore's commercial mortgage range is particularly well-suited to business owners purchasing their own trading premises — a doctor's surgery, a restaurant, a car showroom, or an industrial unit. It takes a pragmatic view on affordability, using business cashflow projections alongside property rental value in its assessment. Terms up to 25 years and LTVs to 75% are available.

Rates
From 6.19% p.a.
Amount
£75,000 – £3,000,000
Speed
7–14 business days
Rating
4.1/5
Read full review

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Full comparison

Lender Best For Rates Amount Speed Rating
Together Money Best for non-standard and complex properties From 5.99% p.a. £75,000 – £5,000,000 7–14 business days 4.1/5
Shawbrook Bank Best for investment and buy-to-let landlords From 5.75% p.a. £150,000 – £5,000,000 5–10 business days 4/5
Aldermore Bank Best for owner-occupiers From 6.19% p.a. £75,000 – £3,000,000 7–14 business days 4.1/5
Hampshire Trust Bank Best for holiday lets and specialist hospitality From 6.49% p.a. £150,000 – £3,000,000 7–10 business days 4.2/5
Paragon Bank Best for buy-to-let portfolio landlords From 5.49% p.a. £75,000 – £3,000,000 5–10 business days 3.9/5
Precise Mortgages Best for adverse credit applicants From 6.75% p.a. £75,000 – £3,000,000 7–14 business days 3.9/5

How we chose these lenders

We evaluated commercial mortgage lenders on loan-to-value ratios, interest rates and fee structures, minimum and maximum loan sizes, range of property types accepted, speed of credit decisions, FCA authorisation and PRA status where applicable, and the quality of broker and customer service. We considered lenders active across England, Scotland, Wales, and Northern Ireland where possible.

Frequently asked questions

How did we choose these commercial mortgage lenders?
We assessed each lender on LTV limits, interest rates, fee transparency, property type acceptance, minimum loan sizes, speed of underwriting, FCA or PRA authorisation, and broker reputation. We specifically included lenders active across a wide range of commercial property types rather than just standard office or retail.
Are commercial mortgage rates higher than residential?
Yes, typically. Commercial mortgages carry more risk for lenders due to the specialised nature of the property and the dependence on business cashflows, so rates are usually 1–3% higher than equivalent residential mortgage rates. As of April 2026, commercial mortgage rates from specialist lenders start around 5.49%–5.99% p.a. for creditworthy borrowers with strong assets.
Can I apply through Lendus?
Yes. Commercial mortgages are complex, bespoke transactions and are best arranged with the help of a specialist broker. Lendus can connect you with a commercial mortgage specialist who will assess your property, business financials, and objectives before presenting your case to the most suitable lenders — often achieving better terms than going direct.
How often is this list updated?
We review commercial mortgage lender rates and criteria quarterly. The commercial property lending market moves in response to Bank of England base rate decisions and wider credit conditions. This list was last reviewed in April 2026. Always verify current rates with the lender or a broker before proceeding.
What deposit do I need for a commercial mortgage?
Most lenders require a minimum deposit of 25–30% (i.e., LTV of 70–75%), though some specialist lenders will go to 80% LTV in certain circumstances. Higher deposits typically secure lower interest rates. For owner-occupied commercial mortgages, some government-backed schemes can assist with deposit requirements — speak to a broker to explore your options.

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