Specialist mezzanine finance for Gloucestershire's developers

Development gap funding across the county of Gloucester

Across the 6 Gloucestershire towns we monitor, 2,423 residential units are moving through live planning applications, an estimated £786m of gross development value. Cheltenham recorded 1,640 sales in the last 12 months, while Cirencester carries the county's strongest pricing at a median of £440,000.

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 Gloucestershire deal. The same numbers are published openly in our UK development pipeline tracker, where Gloucestershire currently ranks number 5 of 48 counties by pipeline value.

The eastern part of the county contains the majority of the Cotswolds National Landscape. The River Severn bisects the county before broadening into a large tidal estuary.

The product itself works the same in Gloucestershire 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.

Gloucestershire'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 Gloucestershire, England

Cirencester

714 units sit in Cirencester's live planning applications, an estimated £314m of GDV. The median sold price over the last 12 months is £440,000 (down 2.9% year on year), across 1,170 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Tewkesbury

716 units sit in Tewkesbury's live planning applications, an estimated £226m of GDV. The median sold price over the last 12 months is £315,000 (down 4% year on year), across 1,239 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Gloucester

910 units sit in Gloucester's live planning applications, an estimated £224m of GDV. The median sold price over the last 12 months is £245,000 (down 2.6% year on year), across 1,483 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Lydney

62 units sit in Lydney's live planning applications, an estimated £17.6m of GDV. The median sold price over the last 12 months is £280,000 (up 3.7% year on year), across 876 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Cheltenham

21 units sit in Cheltenham's live planning applications, an estimated £4.8m of GDV. The median sold price over the last 12 months is £320,000 (up 0.3% year on year), across 1,640 recorded sales. Schemes here are underwritten against that evidence, not against optimism.