Specialist business mortgage broker for companies across Powys County, Mid Wales

Powys is predominantly hilly and largely rural, with its only extensive flat land north-east of Welshpool. The county's businesses reflect that. Market towns hold shops, cafés, vets, accountants and agricultural suppliers serving the farms around them. The Bannau Brycheiniog (Brecon Beacons) National Park, which takes up much of the southern quarter, and the upland areas of Mynydd Epynt and Radnor Forest bring visitors who support hotels, pubs, outdoor centres and food producers.

Industry is concentrated in a few places. Newtown was designated a new town in 1967 and grew as firms settled there, so it has a stock of workshops and light industrial units, and Ystradgynlais in the south-west is the industrial end of Brecknockshire. Elsewhere the typical purchase is smaller: a high street shop with space above, a garage, a farm-diversification building or a professional practice. Our owner-occupier mortgages page explains how lenders assess a company buying its own premises.

Most roads and railways in Powys are relatively slow, a point Wikipedia makes about the county as a whole. The A483 from Swansea to Chester and the A489 from Machynlleth to Craven Arms meet at Newtown, where a bypass opened in 2019, and the Cambrian Line serves Newtown and Welshpool. Large parts of the county sit well away from any dual carriageway.

Lenders do lend in rural Wales, but valuers think hard about resale. A unit on the A483 corridor, or in the centre of a market town, has more potential buyers than an isolated building, and that affects the loan to value a lender will offer. A deposit at the upper end of the usual range can make a rural case work. Very specialised premises, such as a converted chapel or a building tied to one farm, may need a larger deposit still.

Lenders active in owner-occupier lending typically advance 70 to 75% of the lower of price and valuation, with up to 80% for strong cases, over terms of 5 to 25 years. Indicative rates are 6.0 to 7.5% a year and arrangement fees 1 to 2%, all subject to status, accounts and valuation.

Land Transaction Tax applies in Wales, collected by the Welsh Revenue Authority. On non-residential property it is 0% to £225,000, 1% from £225,001 to £250,000, 5% from £250,001 to £1,000,000 and 6% above £1,000,000, rates as at October 2026; check the current rates before you buy.

Illustrative example. An engineering company buys a freehold workshop in Newtown for £350,000. A 75% loan is £262,500, leaving an £87,500 deposit. LTT is £250 plus £5,000, so £5,250, and the company needs about £92,750 before fees. Our guide to deposits and costs for business premises builds the full budget.

Powys County Council is the planning authority for most of the county, while inside the Bannau Brycheiniog (Brecon Beacons) National Park planning sits with the park's own authority. Either way, the lender's solicitor will want confirmation that the building's current use is lawful.

Wales is part of the England and Wales legal jurisdiction, so the lender registers a first legal charge at HM Land Registry, usually backed by a debenture or director guarantee. Commercial lending to a limited company is unregulated and falls outside the FCA's regulated mortgage perimeter, and where a deal would be regulated, for instance a sole trader or a property where a close family member will live in part of it, we refer it to an appropriately authorised firm. Other councils are listed on our Welsh business mortgages page.