Straight answers on structured finance
Guides written by the people who underwrite the loans. No jargon walls, no sales gloss: how the middle layer of the capital stack actually works.
What is mezzanine finance? A UK developer's guide
Everything you need to know about mezzanine finance: how it works, what it costs, and when to use it in your capital stack.
Read the guide → Guides · 5 min readMezzanine vs bridging loans: which do you need?
Two different tools for two different jobs. How to decide which type of finance fits your development strategy.
Read the guide → Strategy · 8 min readHow to structure a 90%+ LTC capital stack
A practical guide to assembling senior debt and mezzanine to achieve maximum leverage on your development.
Read the guide → Strategy · 5 min read5 reasons smart developers use mezzanine finance
It is not about needing the money. It is about deploying capital more efficiently. Why experienced developers choose mezzanine.
Read the guide → Investors · 6 min readInvesting in mezzanine loans: a guide for private investors
How mezzanine lending works from the investor side: returns, risks, security, and what to look for.
Read the guide → Guides · 8 min readMezzanine debt explained: how the middle layer of the capital stack works
What mezzanine debt is, how it differs from senior and junior debt, how it is secured, and where it fits in a UK property development.
Read the guide → Strategy · 7 min readPreferred equity vs mezzanine debt: how to choose the middle layer
Both fill the gap above senior debt. The difference is whether it is a loan or an equity interest, and that changes control, cost and what happens in a default.
Read the guide → Strategy · 11 min readThe capital stack in property development: layers, waterfall and worked example
How senior debt, mezzanine, preferred equity and common equity fit together, who gets paid first, and how to build a stack that works.
Read the guide → Guides · 6 min readIntercreditor agreements explained: what senior and mezzanine lenders agree
The document that lets two lenders share one development. What an intercreditor agreement covers, the clauses that matter, and what developers should check.
Read the guide → Guides · 8 min readMezzanine finance rates: what it costs and what moves the price
What mezzanine finance costs in the UK today, why it is priced above senior debt, the factors that move your rate, and how the blended cost of the whole stack is the number that actually matters.
Read the guide → Guides · 8 min readMezzanine lenders in the UK: how the market works and how to choose
The UK mezzanine lending landscape by type, what separates the good lenders from the rest, the questions to ask before you sign a term sheet, and how a combined lender and broker fits your scheme.
Read the guide → Strategy · 7 min readMezzanine finance exit strategies: how the loan gets repaid
How a mezzanine loan is actually repaid, from a unit-sales waterfall to a refinance or a development exit bridge, what happens when sales run slow, and why planning the exit before drawdown decides whether the scheme works.
Read the guide → Guides · 6 min readYour first development with mezzanine finance: an honest guide
Mezzanine lenders usually want a track record, which first-time developers do not have yet. The honest routes to funding a first or early scheme: partnering, JV equity, extra security, smaller schemes and building a record that lenders trust.
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