Commercial Mortgages Brent
Brent holds 341,221 residents across 16.70 square miles and contains half of Park Royal, the largest industrial estate in Europe. It also runs two Major town centres at Wembley and Kilburn, and a chain of district high streets through Harlesden and Willesden Green. We arrange commercial mortgages across HA0, HA9, NW2, NW6, NW10 and W9 on industrial units, shops, parades, mixed-use blocks and trading businesses.
A commercial mortgage in Brent is long-term secured debt against business premises, underwritten on rental cover, trading profit or EBITDA depending on how the property is held. Commercial Mortgages London is a specialist commercial mortgage broker arranging owner-occupier, investment, semi-commercial and trading-business mortgages across Brent.
Main postcodes: HA0, HA9, NW2, NW6, NW10, W9. London outcodes cross borough boundaries, so this is the core set rather than an exhaustive one.
Brent does not publish a machine-readable planning register we can read, so this page leads with transaction data rather than estimating planning volumes.
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The London Borough of Brent commercial property market
Brent is an outer borough that behaves like an inner one. Its southern edge in NW10 runs into Park Royal, the largest industrial estate in Europe, which straddles the Brent and Ealing boundary and is now planned through the Old Oak and Park Royal Development Corporation rather than by either borough. That single fact shapes the borough's commercial lending profile more than anything else. Warehouse, trade counter, workshop and last-mile distribution stock dominate the southern half, while the north and centre run high street and residential. Two Opportunity Areas sit inside Brent, Old Oak and Park Royal in the south and Wembley in the middle, which is why regeneration and industrial land compete for the same acres here.
Town centres split the borough into distinct lending markets. Wembley is a designated Major centre and the stadium quarter around it has its own page on this site. Kilburn in NW6 is the second Major centre, a long high street of independent retail, restaurants and shop-with-flats-over titles that funds almost entirely as semi-commercial. Harlesden in NW10 is a district centre with heavy independent retail and a strong food and convenience trade. Willesden Green in NW2 is a smaller neighbourhood pitch running the same profile. Across all three the dominant title is a retail or restaurant unit at ground with one to three flats above, held on a single freehold, and that is the file we place most often in this borough.
HM Land Registry recorded 1,325 open-market residential sales across Brent in the twelve months to 29 May 2026 at a median of £550,000, down 0.9% on the year. That is close to flat and it makes Brent one of the steadier west London boroughs, against Hammersmith and Fulham down 6.7% over the same period. Detached stock ran at £1,002,500, terraced at £685,000, semi-detached at £675,000 and flats at £417,800. Only 50 of the 1,325 sales were new build, and new build carried a 2% premium rather than a discount. Residential values are not commercial comparables, but stability at the residential end supports the flats half of a Kilburn or Harlesden semi-commercial valuation.
Why no Brent planning applications appear on this page
Brent does not publish a planning register we can read by machine, so this page carries no application references, no counts and no approval rates. We could have listed applications from Ealing next door, which does publish a readable register, and relied on the fact that Park Royal sits in both boroughs. We will not do that, because an Ealing reference on a Brent case tells a lender nothing useful and tells you something untrue. What we can verify for Brent is transaction data: 1,325 open-market residential sales in the twelve months to 29 May 2026 at a £550,000 median, down 0.9%. That, plus the borough's Old Oak and Park Royal and Wembley Opportunity Area designations, is what we build a Brent lending case on. Ask us about a specific address and we check the borough portal manually before you commit.
Industrial, retail and mixed-use stock we finance in Brent
Park Royal industrial and warehouse
Let and owner-occupied units in NW10, priced on interest cover at 140 to 160% and LTV of 65 to 75%.
5,000 to 60,000 sq ft
Trade counter and workshop units
Small urban industrial serving the North Circular and A40, funded as investment or as owner-occupier at 6.0 to 7.5%.
Kilburn and Harlesden semi-commercial
Shop with one to three flats over on a single title, blended cover near 145%, LTV to 75%.
Willesden and Wembley parade retail
Let Class E units along the district high streets, valued on covenant strength and unexpired term.
MOT centres and forecourts
Roadside trading assets along the North Circular, underwritten on accounts at 60 to 70% LTV and 7.0 to 9.0% pa.
Mixed-use blocks
Commercial at street level with residential above, blended income, LTV to 75%, 6.5 to 8.5% pa.
Funding routes for HA0, HA9, NW2, NW6, NW10 and W9 property
Park Royal sheds and let parades route through a commercial investment mortgage on interest cover. Kilburn, Harlesden and Willesden shop-with-flats titles route through semi-commercial at blended cover with LTV to 75%. An operator buying its own workshop or unit uses an owner-occupier commercial mortgage at 6.0 to 7.5%. Garages, forecourts and restaurants are trading business mortgages underwritten on accounts at 7.0 to 9.0%. Landlords holding several NW10 or NW6 titles consolidate through portfolio refinance. Because Brent publishes no register we can read, we check the planning position on any specific address manually before a lender does, which avoids a late surprise on a change-of-use or industrial-designation assumption.
Semi-commercial
Shop with flats over, the dominant outer London title. Blended cover near 145%, LTV to 75%, 6.5 to 8.5% pa.
Commercial investment
Let Class E parades and single units, ICR 140 to 160%, LTV 65 to 75%, 6.5 to 8.5% pa.
Owner-occupier
Businesses buying their own premises, EBITDA cover 1.3 to 1.5x, LTV to 75%, 6.0 to 7.5% pa.
Trading business
Nurseries, care operators, garages and restaurants underwritten on accounts, LTV 60 to 70%, 7.0 to 9.0% pa.
Commercial remortgage
Rate-driven switches and equity release on stabilised assets, 6.0 to 8.0% pa.
Which lenders write Brent commercial deals
Split cleanly between industrial and high street. On Park Royal and NW10 industrial, NatWest, Lloyds, Barclays and Santander compete on well-let single-let units at 60 to 65% LTV and the bottom of the 6.5 to 8.5% band. Allica, Cambridge and Counties, Hampshire Trust and OakNorth take multi-let estates and owner-occupier purchases where the trading accounts do the work. On Kilburn and Harlesden semi-commercial, Shawbrook and InterBay Commercial are the first two calls, because they price the awkward split between a low-value shop and high-value flats above better than mainstream desks. Cynergy Bank, LendInvest, Together, Aldermore and Paragon cover shorter terms and part-vacant units. Roadside trading assets go to the sector specialists at 60 to 70% LTV.
Property types we finance in Brent
Asset classes most active in Brent, each linked to the dedicated finance structure, lender appetite and typical terms for that property type.
Brent commercial mortgage rates, fees and deposit
The commercial mortgage rates we are placing in Brent at mid-2026 sit at 6.5 to 8.5% pa for the dominant local profile, which here is newly completed and stabilising stock, where valuers have fewer comparables to work from. Expect loan to value of 65 to 75%, which puts the deposit or retained equity at roughly a quarter to a third of the value of the property. Owner-occupied business borrowing prices from 6.0 to 7.5% pa, commercial investment from 6.5 to 8.5% pa, and trading businesses from 7.0 to 9.0% pa. A commercial remortgage on an asset you already hold in HA0, HA9, NW2 and the surrounding outcodes runs 6.0 to 8.0% pa.
Costs beyond the rate are where Brent deals are won or lost. Arrangement fees run 1.0 to 2.0% of the facility. Valuation fees start around £1,500 on a single unit and reach £8,000 or more on a multi-let London building, and the RICS Red Book valuation is the critical path on almost every case, so we instruct it in week one. Legal costs run £4,000 to £15,000. Stamp duty land tax applies at the non-residential rates. Check early repayment charges before you fix, because a five-year fix broken in year two is rarely the cheapest way to repay. Local pricing context: the median transaction in Brent LPA is £550,000, which is residential data we use only as a temperature gauge for the surrounding market.
Bridging finance in Brent, and when it is the right answer
Not every Brent purchase fits a term facility on day one. An auction lot, a vacant unit that needs letting before a lender will price it, or a change-of-use scheme awaiting consent all point at commercial bridging first. Bridging loans run 8.5 to 11.0% pa, or 0.70 to 0.95% per month, over three to twenty-four months, and exit onto a commercial mortgage once the asset is income-producing. We only recommend bridging finance where the exit is genuinely identified and underwritten, because an unplanned bridge is the most expensive money in commercial finance. If the term lender will take the deal now, we will tell you to skip the bridge.
Which Brent commercial mortgage lenders to approach
There is no single best lender for Brent commercial property, only the right lender for this building on this week's credit appetite. High-street commercial lenders price keenest on prime business: Lloyds, NatWest, Barclays and Santander all compete where the covenant is strong. Challenger lenders such as Allica, Aldermore, Cambridge and Counties, OakNorth and Paragon take most of the SME and mid-market finance in HA0, HA9, NW2 and the surrounding outcodes. Specialist lenders, Shawbrook, InterBay Commercial, LendInvest, Cynergy Bank, Together and Hampshire Trust, cover the semi-commercial, multi-let and shorter-lease commercial finance the high street declines.
Comparing those finance options properly is the work. Most brokers send a deal to two lenders they know. We benchmark it across the panel, because the difference between the third-best and the best quote on a Brent commercial property is usually worth more than every fee in the transaction combined. We arrange commercial mortgages, commercial remortgages, portfolio facilities, second charges and bridging loans. We do not arrange unsecured business loans, and we do not arrange buy-to-let mortgages on residential property, so if that is what your deal needs we will say so and point you elsewhere rather than waste a month finding out.
On eligibility, the property finance question we are asked most in Brent is what a lender needs before it will commit. For owner-occupied business, two years of filed accounts is the usual minimum, though twelve to eighteen months places comfortably in well-understood sectors. For investment properties the eligibility test is about the tenant, the lease and the cover ratio rather than about you personally. Clean credit for the company and its directors matters throughout, and a full inspection rather than a desktop valuation is worth insisting on, because a thin report can cost five to ten percentage points of LTV. Send us the property market context you already have, the lease or the accounts, and we will tell you which lenders will look at it before you spend anything.
Brent sold-price data
Live HM Land Registry transaction data for the Brent local authority area. Use this as market evidence when appraising your scheme or testing GDV assumptions.
Median price
£550K
-0.9% YoY
Transactions (12m)
1,325
Completed sales
New-build share
3.8%
50 new-build sales
New-build premium
+2.0%
vs existing stock
Median price by property type
Detached
£1.00M
Semi-detached
£675K
Terraced
£685K
Flat / Apartment
£418K
Recent transactions
| Date | Postcode | Address | Type | Price |
|---|---|---|---|---|
| 29 May 2026 | NW6 5BR | FLAT 21, GEORGE HOUSE, ALBERT ROAD | Flat / Apartment | £630K |
| 21 May 2026 | NW6 7JR | FLAT 3, THE GRANGE, 275, KILBURN HIGH RO… | Flat / Apartment | £470K |
| 21 May 2026 | NW2 6QF | 23, LANGTON ROAD | Terraced | £340K |
| 20 May 2026 | HA3 9RD | 83, DORCHESTER WAY | Semi-detached | £730K |
| 19 May 2026 | HA0 4JY | 67, WESTBURY ROAD | Terraced | £580K |
| 18 May 2026 | NW2 6UJ | FLAT C, 62, OLIVE ROAD | Flat / Apartment | £350K |
| 15 May 2026 | NW10 3LJ | 14, PHILLIMORE GARDENS | Semi-detached | £1.35M |
| 14 May 2026 | HA9 6SQ | 41, TUDOR COURT SOUTH | Semi-detached | £330K |
Source: HM Land Registry Price Paid Data, Brent LPA. Updated 29 May 2026. Residential transactions, PPD category A. Used as a market-temperature gauge for the surrounding area, not as a measure of commercial transaction volume.
Commercial districts within Brent
These sub-markets price differently from the borough as a whole, so each has its own page and its own postcode-level figures.
Brent commercial mortgage FAQs
Buying or refinancing in Brent?
Free-of-charge deal assessment. Indicative commercial mortgage terms within 48 hours.