Derbyshire · East Midlands

Mezzanine finance for Chesterfield developers

Second-charge development funding to 90 to 95 percent of cost, priced against Chesterfield's own evidence: 1,238 recorded sales in the last 12 months and 1,507 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Derbyshire

£185k

Median sold price, 12m

1,238

Sales recorded, 12m

1,507

Units in live applications

£278m

Estimated pipeline GDV

The Chesterfield 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 Chesterfield deal starts with the local evidence. Over the last 12 months the town recorded 1,238 sales at a median of £185,000, down 2.6 percent year on year. New build stock commands a premium of about 130.9 percent over existing homes on 3 new build completions, which matters directly to how we read a developer's sales assumptions.

What Chesterfield stock actually sells for

Property type	Median sold price, 12m
Detached	£313,500
Semi-detached	£185,000
Terraced	£140,000
Flats	£120,000

HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.

Live planning activity at Chesterfield Borough Council

Over the last 3 months our monitors logged 54 relevant applications, 0 approved and 54 awaiting decision. Together the live residential applications propose 1,534 units with an estimated end value of £284m.

Schemes moving through planning now

Proposal	Units	Status
Outline planning application for the erection of up to 350 dwellings (including affordable housing) with public open space, landscaping, sustainable drainage system (SuDS) and vehicular access point. All matters reserved…	350	Awaiting decision
Discharge of conditions 19 (Remedial works in line with mine entries), 20 (Declaration of site safety) and 42 (Drainage verification report) of application CHE/21/00707/FUL- Erection of 301 dwellings including the provis…	301	Awaiting decision
Discharge of Condition 2 (Management plan for the site) of application CHE/24/00627/REM- Application for Approval of Reserved Matters (Layout, Scale, Appearance, and Landscaping) for the erection of 275 dwellings pursuan…	275	Awaiting decision
Discharge of conditions 3 (Details of retaining features, knee rail and hedgehog gaps), 4 (Pumping station details) and 6 (Materials details of external hard surfaces) of application CHE/24/00627/REM- Application for App…	275	Decided

Sourced from Chesterfield Borough Council public register. If one of these is your scheme, we already know the context.

Gap funding for Chesterfield 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 Chesterfield scheme with the leverage calculator, or see the wider county picture on our Derbyshire page and the national view in the UK development pipeline tracker.

Indicative terms in Chesterfield

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.

FAQ

Mezzanine in Chesterfield, answered

Do you fund developments in Chesterfield?

Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Chesterfield and across Derbyshire, 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 Chesterfield market look like right now?

Over the last 12 months Chesterfield recorded 1,238 sales at a median of £185,000, down 2.6 percent year on year. The live planning pipeline holds 1,507 units with an estimated GDV of £278m. The figures on this page refresh as the underlying Land Registry and planning data updates.

Does new build stock sell at a premium in Chesterfield?

On the last 12 months of Land Registry data, the 3 new build sales in Chesterfield priced about 130.9 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Chesterfield appraisal.

How quickly can a Chesterfield 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.

Nearby

More Derbyshire markets

Derbyshire

Building in Chesterfield?

Share the scheme and get a term sheet in 48 hours, underwritten with the same Chesterfield evidence on this page.