Specialist mezzanine finance for the East Riding's developers

Development gap funding across the East Riding

Across the 6 East Riding of Yorkshire towns we monitor, 230 residential units are moving through live planning applications, an estimated £28.2m of gross development value, with 100 percent of decided relevant applications approved over the last 12 months. Hull recorded 2,700 sales in the last 12 months, while Beverley carries the county's strongest pricing at a median of £249,000.

That data is not decoration: it is how we underwrite. A mezzanine loan is a view on whether a scheme will sell at the price its appraisal claims, so we track every live application and recorded sale in the towns above before we price a East Riding of Yorkshire deal. The same numbers are published openly in our UK development pipeline tracker.

Kingston upon Hull is the county's major port and economic and transport centre. The Humber Estuary lies to the south and the chalk Yorkshire Wolds run through the middle of the county.

The product itself works the same in East Riding of Yorkshire as everywhere we lend: 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 35 percent of cost to 5 or 10. Terms run 6 to 36 months with pricing indicatively from 12 percent a year, and a complete enquiry gets a term sheet inside 48 hours. Model your own scheme with the leverage calculator.

the East Riding's development pipeline, measured

Monitored towns only; data refreshed 5 July 2026 from HM Land Registry and local planning authority records.

Where we lend in East Yorkshire

Hull

230 units sit in Hull's live planning applications, an estimated £28.2m of GDV. The median sold price over the last 12 months is £130,000 (flat 0% year on year), across 2,700 recorded sales. Schemes here are underwritten against that evidence, not against optimism.