Newcastle Commercial Mortgage Case Studies
Illustrative Newcastle commercial mortgage scenarios: product type, lender type and the reason the file would land where it did.
Newcastle City Centre
Pilgrim Street Professional Services Floor
Mid-tier law firm purchasing their 8,400 sq ft floor close to the Pilgrim Street masterplan
£2.6M facility at 65% LTV
- Typical lender type: high-street bank
- 20-year term on capital-and-interest
- Released the firm from a rising rent review and locked in cost certainty
Illustrative example, not a completed transaction
Quayside and Ouseburn
Quayside Ground-Floor Retail Investment
Two retail units on a Quayside parade beneath a new mixed-use building, both let to national covenants
£1.85M facility at 70% LTV
- Typical lender type: challenger bank, 15-year term
- Rental cover (ICR) at 165% on stressed pay rate
- Drew down 6 working weeks from packaging to completion
Illustrative example, not a completed transaction
Jesmond
Jesmond Acorn Road Shop with Flats Above
Acorn Road parade unit, ground-floor convenience store with three flats above
£690K facility at 72% LTV
- Typical lender type: specialist lender
- Blended residential and commercial valuation
- Borrower used existing rental track record to support the file
Illustrative example, not a completed transaction
Team Valley and Gateshead corridor
Team Valley Light-Industrial Owner-Occupier
Specialist precision-engineering firm buying their 14,000 sq ft unit on the Team Valley Trading Estate
£1.4M facility at 70% LTV
- Typical lender type: high-street bank
- 20-year term, capital-and-interest
- DSCR comfortably above 1.5x on three-year trading accounts
Illustrative example, not a completed transaction
Gosforth
Gosforth Independent Restaurant
Established independent restaurant operator buying the freehold of their Gosforth High Street premises
£525K facility at 65% LTV
- Typical lender type: challenger bank, 15-year term
- Loan supported by adjusted EBITDA and goodwill on a going-concern basis
- Released the operator from an above-market lease
Illustrative example, not a completed transaction
Heaton and High Heaton
Heaton Buy-to-Let Portfolio Refinance
Four-property mixed portfolio (two HMOs, one shop-with-flat, one standard BTL), consolidating across two legacy lenders
£1.95M facility at 73% LTV
- Typical lender type: specialist lender, 5-year fix
- Single facility replacing four separate loans
- Released c.£180K of equity for the next acquisition
Illustrative example, not a completed transaction
These are illustrative scenarios built from typical Newcastle deal structures and indicative market pricing, not records of specific completed transactions. Names, addresses and figures are composite and do not identify any borrower.
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