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.

Exeter commercial property finance, offices, retail and mixed-use assets
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 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
Exeter Quay; Science Park expansion; bus station development
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.
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.
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.
Cherry Trees, Plot 3, Greendale Lane, Clyst St Mary, Exeter
Grace Parade, Unit 4, Grace Road West, Marsh Barton Trading Estate, Exeter
Fair Oak Farm Business Park, Unit 1, Clyst Honiton, Exeter
Trinity House, South Street, Exeter
Maclaines Warehouse, Unit 4, Haven Road, Exeter
Kingfisher Court, Unit 7, Pinhoe Trading Estate, Exeter
Bradfords, Silverton Road, Matford Business Park, Exeter
Clyst House, Exton, Exeter
Unit E2, Mercury Business Park, Bradninch, Exeter
Winslade Barton, 6 The Old Stables, Clyst St Mary, Exeter
20, Marsh Green Road East, Marsh Barton Trading Estate, Exeter
2 Rose Cottage, Marsh Green, Exeter
10, Matford Mews, Matford, Exeter
11, Little Wood Close, Cranbrook, Exeter
14, Manley Meadow, Exeter
30, Ingrams Place, Cranbrook, Exeter
8, Sanctuary Orchard, Cheriton Bishop, Exeter
The Old Bakehouse, Butts Lane, Christow, Exeter
90, Fore Street, Heavitree, Exeter
Unit 5, Waterbridge Court, Exeter
Priory Orchard, 2, Critchards, Woodbury, Exeter
Whitehouse, 100, Pennsylvania Road, Exeter
9, Curie Mews, Exeter
Little Dorweeke Farm, Silverton, Exeter
Byteign Lodge, Christow, Exeter
Cockwood Service Station, Starcross, Exeter
24, Ingrams Place, Cranbrook, Exeter
83, Heavitree Road, Exeter
Haven Lea Farm, Cheriton Bishop, Exeter
175, Farm Hill, Exeter
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 Exeter commercial property deals. Each carries a different lender panel, LTV ceiling and pricing band, match the structure to the asset and the timeline.
Lender appetite, yield bands and debt structures vary materially by property type. Pick the briefing that matches your Exeter acquisition.
Office investment finance for headquarters buildings, business parks, multi-let suites and office-led mixed-use schemes.
View briefing
Industrial and logistics finance for big-box distribution, multi-let estates, last-mile urban logistics and trade counter parks.
View briefing
Retail property finance for high street parades, retail warehousing, shopping centres and convenience-led mixed-use.
View briefing
Finance for buildings combining commercial ground floors with residential upper floors, the dominant deal format in UK secondary markets and the engine of corporate-acquired property activity.
View briefing
Hotel property finance for trading boutique hotels, branded operator-let assets and aparthotel acquisitions.
View briefing
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.
View Full ProfileWhat makes Exeter fundable, where the development opportunity sits, which lenders are active, and the asset classes our team finances most often.
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.
Strong appetite across sectors. Student accommodation and offices favoured.
Our team has experience in Devon property finance markets.
Commercial property news for Exeter will appear here once available. Check back soon for the latest market updates.
We provide commercial mortgages, bridging finance, and development finance throughout Devon.
Commercial mortgage services available across Exeter and surrounding areas. View larger map
Data-grounded answers about commercial property finance in Exeter, sourced from HM Land Registry transactions and our own deal flow.
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).
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.
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.
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.
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.