Mezzanine finance for Wokingham developers
Second-charge development funding to 90 to 95 percent of cost, priced against Wokingham's own evidence: 1,825 recorded sales in the last 12 months. We lend from our own book and arrange whole of market where that serves you better.
The Wokingham market, in numbers we underwrite from
A mezzanine loan is a view on whether a scheme will sell at the price its appraisal claims, so every Wokingham deal starts with the local evidence. Over the last 12 months the town recorded 1,825 sales at a median of £475,000, down 3.1 percent year on year. New build stock commands a premium of about 31.6 percent over existing homes on 12 new build completions, which matters directly to how we read a developer's sales assumptions.
What Wokingham stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £675,000 |
| Semi-detached | £480,000 |
| Terraced | £382,500 |
| Flats | £262,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Wokingham Borough Council
Over the last 3 months our monitors logged 6 relevant applications, 1 approved and 5 awaiting decision, an approval rate of 100 percent on decided cases. Together the live residential applications propose 623 units with an estimated end value of £296m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| Application for submission of details to comply with Condition 14 (noise mitigation, cooling and ventilation details) of planning permission 250640 dated 07/04/2025 relating to outline planning permission 230208 for a re… | 234 | Registered |
| Submission of details to comply with Condition 11 (Samples of Materials) of planning consent 212720 dated 05/07/2023 for outline application for the development of up to 200 dwellings, including 40% affordable housing an… | 200 | Registered |
| Application for submission of details to comply with Conditions 3 (Materials), 8 (Electric Vehicle Charging) and 9 (Water Butts and Composting) of planning permission 251263 dated 28 April 2026 for the application for ap… | 140 | Registered |
| Consultation from Hart District Council for the following proposal: Outline application with all matters reserved except for access for the construction of up to 44 dwellings including affordable housing together with ac… | 44 | Decided |
Sourced from Wokingham Borough Council public register. If one of these is your scheme, we already know the context.
Gap funding for Wokingham schemes
The structure is the same one we write everywhere: your senior lender keeps first charge and funds the majority of cost, our mezzanine finance takes a second charge over the next slice, and your equity requirement falls, typically from around 35 percent of cost to 5 or 10. Terms run 6 to 36 months, pricing is indicatively from 12 percent a year, and a complete enquiry gets a term sheet inside 48 hours. Model a Wokingham scheme with the leverage calculator, or see the wider county picture on our Berkshire page and the national view in the UK development pipeline tracker.
Indicative terms in Wokingham
- Loan size£250k to £5m
- Combined leverageUp to 90 to 95% LTC
- Term6 to 36 months
- PricingFrom 12% a year
- SecuritySecond charge plus PGs
- DecisionTerm sheet in 48 hours
Indicative only; every loan is priced case by case.
Mezzanine in Wokingham, answered
Do you fund developments in Wokingham?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Wokingham and across Berkshire, typically taking combined leverage to 85 to 95 percent of cost alongside a senior facility. Where a case suits another funder better, we arrange it whole of market.
What does the Wokingham market look like right now?
Over the last 12 months Wokingham recorded 1,825 sales at a median of £475,000, down 3.1 percent year on year. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Wokingham?
On the last 12 months of Land Registry data, the 12 new build sales in Wokingham priced about 31.6 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Wokingham appraisal.
How quickly can a Wokingham scheme get terms?
A complete enquiry gets a considered credit view and term sheet inside 48 hours, and typical enquiry to drawdown is 4 to 6 weeks, run in parallel with your senior lender.
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Share the scheme and get a term sheet in 48 hours, underwritten with the same Wokingham evidence on this page.