We cover senior investment commercial mortgages at 6.0 to 7.5 percent on 60 to 75 percent LTV, owner-occupier deals at 6.0 to 7.25 percent for trading businesses with two years of clean accounts, mezzanine at 11 to 14 percent, and bridging commercial at 0.55 to 0.80 percent per month. We unpack the DSCR norm of 1.30 to 1.40 times that the Manchester lender panel is asking for on investment cases, the ICR expectation of 130 to 140 percent on interest-only structures, and the 250 to 300 basis-point stress test above pay rate that most underwriters apply.

We walk through where the Manchester deals are actually flowing in Q2 2026:

• Spinningfields and NOMA as the prime office quarters setting the rent evidence
• Northern Quarter and Ancoats as the creative-led mixed-use cluster taking conversion finance
• Trafford Park, Salford Quays, and Ashton Moss as the last-mile industrial corridor absorbing space faster than the local pipeline can deliver

We finish with a typical Manchester broker case shape and the twelve-month outlook for borrowers.

Chapters

• 00:00 The Q2 2026 starting point in Manchester
• 00:15 Senior investment pricing: 6.0 to 7.5 percent
• 00:30 Owner-occupier pricing: 6.0 to 7.25 percent
• 00:50 Bank of England base rate at 3.75 percent
• 01:10 Where the deals are: Spinningfields, Northern Quarter, Trafford Park
• 03:00 DSCR 1.30 to 1.40x and stress testing on Manchester rental evidence
• 04:30 Lender panel: specialist commercial lenders and challenger banks
• 06:00 A typical sub-3-million-pound Manchester investment case
• 07:30 Twelve-month outlook for Manchester commercial mortgage borrowers
• 09:00 How to talk to us about a Manchester commercial mortgage

Read the full report

https://commercialmortgagesmanchester.co.uk/

Across the cloud network

The same Q2 2026 Manchester market outlook is published across our cloud network with a different angle per platform:

• Netlify: https://cmb-manchester-2026-q2-01-commercial-mortgages-manchester-marke.netlify.app
• Cloudflare Pages: https://cmb-manchester-2026-q2-01-manchester-cloudflare.pages.dev
• Fly.io: https://cmb-manchester-2026-q2-01-manchester-fly.fly.dev
• Surge: https://cmb-manchester-2026-q2-01-manchester-surge.surge.sh
• GitHub Pages: https://mattylll.github.io/cmb-manchester-2026-q2-01-manchester-github-pages
• Bunny CDN: https://constructioncapital.b-cdn.net/cmb-manchester-2026-q2-01-manchester-bunny/
• Linode Object Storage: https://gb-lon-1.linodeobjects.com/cmb-manchester-2026-q2-01-manchester-linode/index.html
• Hugging Face Spaces: https://mattlenzie-cmb-manchester-2026-q2-01-manchester-hf-spaces.static.hf.space

About

Commercial Mortgages Manchester is a trading name of Lenzie Consulting Ltd, a UK specialist commercial mortgage and bridging finance broker. We work with owners, occupiers, and investors across the Manchester and Greater Manchester commercial property markets.

We are not FCA-authorised. Commercial mortgages on commercial property are unregulated. Where regulated activity is required, we introduce to FCA-authorised firms.