CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Penrith and Cumbria. Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, institutional-grade underwriting, direct lender access and decisions in 48 hours.
CMB combines former Lloyds and Bank of Scotland underwriting experience with direct board-level relationships at the UK's leading commercial lenders.
Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out
Direct relationships with lender decision-makers for faster approvals and better terms
Proven success arranging complex commercial property finance across the UK
The factors lenders weigh when assessing Penrith commercial mortgages, sector demand, transport connectivity and active regeneration programmes.
“Eastern gateway to Lake District. Strong tourism and agricultural economy. Market town character.”
, CMB Market Analysis
Penrith New Squares town centre scheme; Gilwilly Industrial Estate expansion; Carleton housing development; Eden Valley railway heritage; Castlegate heritage quarter improvements
The Cumbria regional briefing covering Penrith and the wider region. A Q2 2026 commercial property briefing on Cumbria, the second-largest English county by area but one of the thinnest commercial property markets in the North West. Carlisle anchors the border-city economy, Barrow-in-Furness the BAE Systems submarine programme, Workington and Whitehaven the Sellafield-anchored West Cumbria coast, and Kendal, Penrith, Windermere and Keswick the Lake District tourism corridor. We walk through the county's nine principal towns, the nine Acuitus auction lots that frame the yield picture, and where lender appetite sits today.
Part of the Commercial Property Briefing podcast series. Subscribe via the RSS feed.
112 commercial sales in Penrith across the last 60 months, sourced from HM Land Registry Price Paid Data. 22 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.
Bluebell House, Dacre, Penrith
Salutation Yard, West Barn, Skelton, Penrith
Ravenstone Manor, Plot 1, Melmerby, Penrith
Stuart House, Main Street, Shap, Penrith
Brunt House, Kirkoswald, Penrith
Roundthorn House, 1, Roundthorn, Penrith
Orchard House, Calthwaite, Penrith
Unit 52, Gilwilly Road, Gilwilly Industrial Estate, Penrith
Clydesdale House, Carleton Hill Road, Carleton, Penrith
Agricultural Hotel, Castlegate, Penrith
Fenton House, Ground Floor Offices, Corney Square, Penrith
Fenestra House, Hartness Road, Gilwilly Industrial Estate, Penrith
Jay House, Eden Business Park, Penrith
Low Fold Barn, Orton, Penrith
Patterdale Youth Hostel Goldrill House, Patterdale, Penrith
Artist House, Newby Head, Newby, Penrith
Chestnut House, Finkle Street, Pooley Bridge, Penrith
Red Barn Farm, Damson Ghyll Cottage, Greystoke, Penrith
Skirwith Fell House, Elseghyll Court, Melmerby, Penrith
Orchard House, Calthwaite, Penrith
The Warehouse, Rowcliffe Lane, Penrith
Kings Arms Hotel, Temple Sowerby, Penrith
Bridle Cottage, Kirkby Thore, Penrith
Swinsid Stones, Dockray, Penrith
Bannerdale View, Mungrisdale, Penrith
Latrigg, Rosgill, Penrith
108, Centurion Rise, Penrith
108, Centurion Rise, Penrith
Eycott Farm, Berrier, Penrith
Newstead, Orchard Drive, Greystoke, Penrith
Source: HM Land Registry Price Paid Data (Category B records). Sector classification is address-based and best-effort; unclassified records are shown as general commercial transactions and smaller sectors may include mixed-use or conversion deals.
Three core debt structures cover the majority of Penrith commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.
Founder & Principal Broker
With a career spanning Lloyds Bank, Bank of Scotland, and a partnership in a corporate finance business, Matt brings institutional-grade expertise to every deal in Penrith. Currently a board advisor to a pension administrator and trustee with £3.9bn of assets under advisory, Matt has raised over £300m of capital for property professionals across the UK.
View Full ProfileWhat makes Penrith fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.
Penrith presents development opportunities linked to Penrith New Squares town centre scheme. Growing demand from the Agriculture & Livestock sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.
Good appetite for tourism sector.
Our team has deep experience arranging commercial mortgages, bridging loans, and development finance across Penrith and the wider Cumbria region, from commercial property purchases to hotel and leisure acquisitions.
Commercial property news for Penrith will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Cumbria.
Commercial mortgage services available across Penrith and surrounding areas. View larger map
Recent sales, planning movement and market signals for Penrith, drawn from HM Land Registry data and local authority planning registers.
HM Land Registry data shows 112 commercial property transactions in the Penrith area over the past 60 months, with a median sale price of £200k. Lender appetite tends to follow transaction evidence, so an active local market supports stronger valuations.
Source: HM Land Registry price paid data
HM Land Registry records the sale of Bluebell House, Dacre, Penrith for £1,060,000 in Q3 2025, one of 1 commercial transaction recorded in the Penrith area that quarter.
Source: HM Land Registry price paid data
Planning movement often signals upcoming finance demand. If you are buying, refinancing or developing in Penrith, see our guide to getting a commercial mortgage or talk to us about the local market.
The questions we answer most often on Penrith deals, covered in depth in our knowledge hub.
What lenders assess, who finds it easy, and how declined cases still get funded.
Deposit requirements by property type, acceptable sources, and ways to reduce yours.
The routes to 100% borrowing: additional security, strong trading businesses and equity.
High-street banks, challengers and specialists: who lends on what in Cumbria.
Leniency by lender category and product type, and what flexibility really costs.
Typical 2026 pricing by product, and what drives the rate you are offered.
Data-grounded answers about commercial property finance in Penrith, sourced from HM Land Registry transactions and our own deal flow.
HM Land Registry recorded 112 commercial property transactions in Penrith during the most recent reporting window. The median commercial sale price is £200,000, with the middle 50% of deals between £146,000 and £435,000. Source: HM Land Registry Price Paid Data (Category B records).
The median commercial sale price recorded by HM Land Registry in Penrith is £200,000. Smaller end deals (lower quartile) sit around £146,000, while larger transactions (upper quartile) reach £435,000 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Penrith.
The most active commercial sectors in Penrith (by recorded transaction count) are: office (14 transactions), agri (3 transactions), land (1 transaction). Sector mix matters because lender appetite, LTV ceilings and rate pricing all vary by use class. Speak to our team for an indicative quote on the sector you are targeting.
Yes. We arrange commercial mortgages, commercial bridging finance and development finance for property in Penrith. Typical loan sizes range from £150,000 to £25m+, with LTVs up to 75% on standard commercial assets and up to 70% LTGDV on development. Whole-of-market access, including the high-street banks, challenger lenders and specialist commercial funders.
Call 07595 366094 or use the contact form to request a commercial mortgage quote in Penrith. We will review the asset, sector, deal structure and lender appetite specific to Penrith and come back with an indicative rate, LTV and term within 24 to 48 hours.