Essex · East of England

Mezzanine finance for Southend on Sea developers

Second-charge development funding to 90 to 95 percent of cost, priced against Southend on Sea's own evidence: 2,106 recorded sales in the last 12 months and 24 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Essex

£333k

Median sold price, 12m

2,106

Sales recorded, 12m

Units in live applications

£6.4m

Estimated pipeline GDV

The Southend on Sea 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 Southend on Sea deal starts with the local evidence. Over the last 12 months the town recorded 2,106 sales at a median of £333,000, up 2.5 percent year on year.

What Southend on Sea stock actually sells for

Property type	Median sold price, 12m
Detached	£530,000
Semi-detached	£400,000
Terraced	£320,000
Flats	£205,000

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

Live planning activity at Southend-on-Sea City Council

Over the last 3 months our monitors logged 88 relevant applications, 0 approved and 88 awaiting decision. Together the live residential applications propose 20 units with an estimated end value of £5.3m.

Schemes moving through planning now

Proposal	Units	Status
Raise ridge height of building to front and form front and rear dormers, change of use from ground floor car sales to three self-contained flats, erect single storey undercroft infill extension and first floor rear exten…	3	Registered
Install dormer to rear to form habitable accommodation in the roof space to create two flats, with rooflights to front and side elevation, layout cycle and bin storage to front (Amended Proposal)	2	Registered
Convert two flats to one dwellinghouse, install balconies to north and south elevations, erect sauna shed to rear, extend garage and alter elevations	2	Decided
Change of use of existing dwellinghouse (Class C3) to a residential Children's Home (Class C2) to provide accommodation for up to two children under the age of 18 with supervision by adult carers, and provision of bin an…	1	Registered

Sourced from Southend-on-Sea City Council public register. If one of these is your scheme, we already know the context.

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

Indicative terms in Southend on Sea

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 Southend on Sea, answered

Do you fund developments in Southend on Sea?

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

Over the last 12 months Southend on Sea recorded 2,106 sales at a median of £333,000, up 2.5 percent year on year. The live planning pipeline holds 24 units with an estimated GDV of £6.4m. The figures on this page refresh as the underlying Land Registry and planning data updates.

How quickly can a Southend on Sea 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 Essex markets

Essex

Building in Southend on Sea?

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