YBS Commercial Mortgages
The commercial lending arm of Yorkshire Building Society, funding £500k to £5m against commercial and residential investment property from a mutual's balance sheet.
What they do
YBS Commercial Mortgages lends against income-producing commercial, semi-commercial and residential investment property, funded by the retail savings of one of the UK's largest building societies. Facilities run from £500k to around £5m on fixed and variable terms, distributed through brokers, with underwriting done by people against rental cover rather than by automated scoring. Fixed-rate pricing has been quoted around the mid six per cent mark on five-year money.
Where they fit in a lower-mid-market raise
A mutual's funding cost shows up in the rate, and for a straightforward, well-let property this is among the keener sources in the specialist market. For a corporate group holding investment property alongside its trading business, a five-year fixed facility here is a low-maintenance way to term out that part of the balance sheet.
Where they are not the fit
Facilities cap at around £5m, so this covers only the lower end of a £3–15m requirement. Property must be income-producing, and there is no development, cashflow or unsecured lending. Distribution is through intermediaries.
Published terms
- Pricing
- 5-year fixed circa 6.40% on loans above £1m up to 75% loan to value; circa 7.05% under £1m up to 75% loan to value, with a 2% arrangement fee (trade press, owner-occupier range). Variable-rate products for the >£3m up to £5m band. Product tiering removed Jan 2026
- Speed to terms
- No published days-to-offer; 24-hour response published timetable (not a credit-offer published timetable) on the new-business inbox Mon-Fri
- Sponsored or sponsorless
- Owner-managed and corporate borrowers, with no private-equity sponsor proposition
- Where they lend
- England and Wales only (borrower company and property). Not Scotland or Northern Ireland
- How they decide
- Intermediary/BDM-led origination via named BDMs or central new-business inbox (commerciallendingnewbusiness@ybs.co.uk). Credit authority/committee cadence not published
- Covenants
- Maintenance covenants, tested every period
- Personal guarantee
- Typically required
- Search funds and ETA
- No published route for search-fund or first-time acquirer borrowers
As published by the lender and last reviewed June 2026. Terms quoted on a deal are set by the credit, not by a published band.
What rules a deal out
Stated limits, taken from YBS Commercial Mortgages’s own published criteria. A limit is where a lender starts from, not where it always ends: several of these move on a strong enough credit.
- Borrower not registered in England and Wales
- Not owner-occupied (pure investor/BTL)
- Property EPC below C without remediation plan
- Per-property value below £135,000
- Loan above £5m
- Fixed-rate loan above £3m
- Regional gate: England & Wales only (excludes Scotland and Northern Ireland)
How they sit against the category
- Its published ceiling is £5m; 67 of the 75 property-backed lenders here go at least as high.
- 65 of the 75 publish an indicative price at all; it is one of them.
Counted across the 75 property-backed lenders in this directory, on what each one publishes. What a lender discloses and what it will do are different things.
Questions this page answers
How large a facility does YBS Commercial Mortgages write?
Published facilities run £500k to £5m. A band is what a lender states it will do, not what it will do on a given credit.
Does YBS Commercial Mortgages require a personal guarantee?
On YBS Commercial Mortgages's published terms, a personal guarantee is typically required. What a lender asks for on a given credit is settled in the documents, not by a published stance.
How quickly does YBS Commercial Mortgages move?
No published days-to-offer; 24-hour response published timetable (not a credit-offer published timetable) on the new-business inbox Mon-Fri. Published timetables describe a clean case; anything unusual in the security or the structure adds to them.
On the record
January 2026: Removed product tiering across BTL, commercial investment and business owner-occupier ranges so smaller borrowers access the same rates (mortgagestrategy.co.uk, mortgagefinancegazette.com.
2024: Team build-out - head of lending (Angela Norman), relationship/regional directors and a North associate director (mortgagefinancegazette.com, theintermediary.co.uk.
Sources: ybs.co.uk
This profile is a curated reference note drawn from public sources, not financial advice or a recommendation. Appetite and terms change; a lender's fit for a given credit is established by approaching it, not inferred from a page.