Exeter, DevonLocal lender appetite and market data

Specialist Commercial Mortgage Broker in Exeter

CMB arranges commercial mortgages, bridging loans and development finance for property professionals across Exeter and Devon. Led by Matt Lenzie, ex-Lloyds Bank and Bank of Scotland, institutional-grade underwriting, direct lender access and decisions in 48 hours.

£300M+
Capital Raised
48hrs
Decision Time
100+
Lender Panel
Exeter commercial property district with offices, retail frontage and quay-side commercial premises

Exeter commercial property finance, offices, retail and mixed-use assets

£275
Price/sq ft
5.5%
Avg yield
+18.5%
5yr growth
+12.8%
Rent growth

Exeter commercial mortgage brokers, ex-bankers with direct lender access

CMB combines former Lloyds and Bank of Scotland underwriting experience with direct board-level relationships at the UK's leading commercial lenders.

Ex-Banking Background

Former Lloyds Bank and Bank of Scotland professionals who understand lender criteria inside-out

Board-Level Access

Direct relationships with lender decision-makers for faster approvals and better terms

£300M+ Track Record

Proven success arranging complex commercial property finance across the UK

Exeter commercial property market signals

The factors lenders weigh when assessing Exeter commercial mortgages, sector demand, transport connectivity and active regeneration programmes.

Regional capital with strong university. Science Park driving tech growth. Quayside established as destination.

, CMB Market Analysis

Key Industries

  • Higher Education
  • Healthcare
  • Retail
  • Technology
  • Professional Services

Transport Links

  • Exeter St Davids mainline
  • Exeter Airport
  • M5 motorway

Regeneration

Exeter Quay; Science Park expansion; bus station development

Market ReportQ1 2026

Exeter Q1 2026 Commercial Property Market Report

Exeter is the dominant commercial property market in the South West outside Bristol, with HM Land Registry recording 739 commercial-leaning transactions across the city in the rolling five-year window to Q1 2026.

1,595 words6 sourcesTier 1
Read the full Exeter report

Listen: Devon Q1 2026 commercial property briefing

The Devon regional briefing covering Exeter and the wider region. A Q2 2026 commercial property briefing on Devon, the largest county in the South West, anchored by Plymouth on the naval and marine-engineering coast and Exeter on the M5 and A30 growth axis, with a long tail of Torbay tourism, South Hams retirement and North Devon coastal markets. We walk through transaction volumes across the eighteen principal towns, recent Acuitus auction yields between roughly seven point eight and nine point nine percent, and where lender appetite sits today.

Part of the Commercial Property Briefing podcast series. Subscribe via the RSS feed.

HMLR transaction evidence

Exeter commercial property transaction evidence

312 commercial sales in Exeter across the last 60 months, sourced from HM Land Registry Price Paid Data. 11 records in the current sample are confidently sector-classified; the wider recent sample is shown as general commercial transaction evidence.

Source sales
312
60-month window
Shown below
30
recent examples
Filter transaction evidence
All commercial transactions in Exeter
312transactions
Sample: showing 30 recent sales below
Land / PlotsQ4 2025

Cherry Trees, Plot 3, Greendale Lane, Clyst St Mary, Exeter

Sale price
£750,000
RetailQ4 2025

Grace Parade, Unit 4, Grace Road West, Marsh Barton Trading Estate, Exeter

Sale price
£435,000
OfficeQ4 2025

Fair Oak Farm Business Park, Unit 1, Clyst Honiton, Exeter

Sale price
£450,000
OfficeQ4 2025

Trinity House, South Street, Exeter

Sale price
£220,000
WarehouseQ2 2025

Maclaines Warehouse, Unit 4, Haven Road, Exeter

Sale price
£250,000
IndustrialQ2 2025

Kingfisher Court, Unit 7, Pinhoe Trading Estate, Exeter

Sale price
£115,000
OfficeQ2 2025

Bradfords, Silverton Road, Matford Business Park, Exeter

Sale price
£3,700,000
OfficeQ1 2025

Clyst House, Exton, Exeter

Sale price
£2,380,000
OfficeQ1 2025

Unit E2, Mercury Business Park, Bradninch, Exeter

Sale price
£244,800
AgriculturalQ1 2025

Winslade Barton, 6 The Old Stables, Clyst St Mary, Exeter

Sale price
£315,000
IndustrialQ1 2025

20, Marsh Green Road East, Marsh Barton Trading Estate, Exeter

Sale price
£275,000
CommercialQ1 2026

2 Rose Cottage, Marsh Green, Exeter

Sale price
£586,000
CommercialQ1 2026

10, Matford Mews, Matford, Exeter

Sale price
£360,000
CommercialQ4 2025

11, Little Wood Close, Cranbrook, Exeter

Sale price
£276,000
CommercialQ4 2025

14, Manley Meadow, Exeter

Sale price
£380,000
CommercialQ4 2025

30, Ingrams Place, Cranbrook, Exeter

Sale price
£228,558
CommercialQ4 2025

8, Sanctuary Orchard, Cheriton Bishop, Exeter

Sale price
£197,850
CommercialQ4 2025

The Old Bakehouse, Butts Lane, Christow, Exeter

Sale price
£285,000
CommercialQ4 2025

90, Fore Street, Heavitree, Exeter

Sale price
£360,000
CommercialQ4 2025

Unit 5, Waterbridge Court, Exeter

Sale price
£350,000
CommercialQ4 2025

Priory Orchard, 2, Critchards, Woodbury, Exeter

Sale price
£80,000
CommercialQ3 2025

Whitehouse, 100, Pennsylvania Road, Exeter

Sale price
£1,540,000
CommercialQ3 2025

9, Curie Mews, Exeter

Sale price
£425,000
CommercialQ3 2025

Little Dorweeke Farm, Silverton, Exeter

Sale price
£1,200,000
CommercialQ3 2025

Byteign Lodge, Christow, Exeter

Sale price
£500,000
CommercialQ3 2025

Cockwood Service Station, Starcross, Exeter

Sale price
£139,176
CommercialQ3 2025

24, Ingrams Place, Cranbrook, Exeter

Sale price
£171,418
CommercialQ3 2025

83, Heavitree Road, Exeter

Sale price
£600,000
CommercialQ3 2025

Haven Lea Farm, Cheriton Bishop, Exeter

Sale price
£200,000
CommercialQ3 2025

175, Farm Hill, Exeter

Sale price
£230,000

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.

Exeter commercial mortgages, bridging loans and development finance

Three core debt structures cover the majority of Exeter commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.

Commercial Mortgages

Long-term financing for commercial and mixed-use property purchases, refinancing, and investment, tailored by experienced brokers who understand complex deal structures.

From £50,000Up to 75% LTV5-25 years

Commercial Remortgage

Refinance an existing commercial mortgage to lower your rate, switch lender, release equity or restructure the loan.

From £150,000Up to 75% LTV5-25 years (typical 5-year fixed reverting to variable)

Commercial Bridging Finance

Fast, flexible short-term finance for commercial property transactions, decisions in 48 hours, completion in days, and creative structuring for deals that mainstream lenders will not touch.

From £50,000Up to 75% LTV1-18 months

Development Finance

Specialist funding for ground-up construction, major refurbishment, and mixed-use development projects, structured with staged drawdowns aligned to your build programme.

From £150,000Up to 75% LTV6-24 months
ML

Matt Lenzie

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 Exeter. 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.

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Exeter commercial property investment fundamentals

What makes Exeter fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.

Investment Highlights

  • Average commercial property yields of 5.5% across the local market
  • 18.5% property price growth over the past five years
  • 12.8% rental growth over five years supporting income returns
  • Strong occupier demand from Higher Education and Healthcare sectors
  • Excellent transport connectivity including Exeter St Davids mainline
  • Active regeneration programmes driving future capital growth

Development Opportunities

Exeter presents development opportunities linked to Exeter Quay. Growing demand from the Higher Education sector is creating opportunities for purpose-built commercial space and conversion projects. Strong transport links enhance viability for mixed-use and residential-led schemes.

Lender Appetite

Strong appetite across sectors. Student accommodation and offices favoured.

Property Types We Finance

Medical/Dental PracticesCare HomesRetail UnitsHigh Street ShopsShopping CentresOffice SpaceServiced OfficesData Centres

Our team has experience in Devon property finance markets.

Need a commercial mortgage decision in Exeter?

Our team will review your asset, sector and structure against current Exeter lender appetite and come back with an indicative rate, LTV and term within 24–48 hours. No application until you're ready.

Latest Commercial Property News in Exeter

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

Exeter Commercial Mortgage Calculator

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Exeter Location

Commercial mortgage services available across Exeter and surrounding areas. View larger map

Exeter commercial mortgage FAQ

Data-grounded answers about commercial property finance in Exeter, sourced from HM Land Registry transactions and our own deal flow.

How active is the commercial property market in Exeter?

HM Land Registry recorded 312 commercial property transactions in Exeter during the most recent reporting window. The median commercial sale price is £290,000, with the middle 50% of deals between £205,000 and £475,000. Source: HM Land Registry Price Paid Data (Category B records).

What is the typical commercial property price in Exeter?

The median commercial sale price recorded by HM Land Registry in Exeter is £290,000. Smaller end deals (lower quartile) sit around £205,000, while larger transactions (upper quartile) reach £475,000 and above. These are the figures lenders will benchmark valuations against when assessing a commercial mortgage application in Exeter.

Which commercial property sectors are most active in Exeter?

The most active commercial sectors in Exeter (by recorded transaction count) are: office (5 transactions), industrial (2 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.

Can I get a commercial mortgage on a property in Exeter?

Yes. We arrange commercial mortgages, commercial bridging finance and development finance for property in Exeter. 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.

How do I get a commercial mortgage quote for a property in Exeter?

Call 07595 366094 or use the contact form to request a commercial mortgage quote in Exeter. We will review the asset, sector, deal structure and lender appetite specific to Exeter and come back with an indicative rate, LTV and term within 24–48 hours.

Ready to discuss your Exeter project?

Speak with our specialist team today and get a decision in principle within 48 hours.