Gloucestershire · South West England

Mezzanine finance for Cirencester developers

Second-charge development funding to 90 to 95 percent of cost, priced against Cirencester's own evidence: 1,170 recorded sales in the last 12 months and 714 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Gloucestershire

£440k

Median sold price, 12m

1,170

Sales recorded, 12m

714

Units in live applications

£314m

Estimated pipeline GDV

The Cirencester 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 Cirencester deal starts with the local evidence. Over the last 12 months the town recorded 1,170 sales at a median of £440,000, down 2.9 percent year on year. New build stock commands a discount of about 20.5 percent to existing homes on 3 new build completions, which matters directly to how we read a developer's sales assumptions.

What Cirencester stock actually sells for

Property type	Median sold price, 12m
Detached	£650,000
Semi-detached	£401,500
Terraced	£340,000
Flats	£203,750

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

Live planning activity at Cotswold District Council

Over the last 3 months our monitors logged 226 relevant applications, 0 approved and 226 awaiting decision. Together the live residential applications propose 1,007 units with an estimated end value of £443m.

Schemes moving through planning now

Proposal	Units	Status
Compliance with condition 10 (Archaeology) of appeal decision 6002934 (CDC Ref: 25/01036/OUT) - Outline application for up to 195 dwellings together with vehicular access from London Road, landscaping together with assoc…	195	Awaiting decision
Compliance with condition 16 (foul water network) 17 (sewage works) and 18 (water network upgrades) of appeal decision 6002934 (CDC Ref: 25/01036/OUT) Outline application for up to 195 dwellings together with vehicular a…	195	Decided
Reserved Matters pursuant to outline permission 16/00054/OUT relating to approval of scale, layout, appearance and landscaping for 129 dwellings and four ground floor community use spaces with associated roads, parking a…	129	Awaiting decision
Compliance with Conditions 2 (Hard and Soft Landscaping) and 3 (Street Tree Planting) of permission 25/02763/REM Reserved Matters pursuant to outline permission 16/00054/OUT relating to appearance, layout, landscaping an…	100	Awaiting decision

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

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

Indicative terms in Cirencester

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 Cirencester, answered

Do you fund developments in Cirencester?

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

Over the last 12 months Cirencester recorded 1,170 sales at a median of £440,000, down 2.9 percent year on year. The live planning pipeline holds 714 units with an estimated GDV of £314m. The figures on this page refresh as the underlying Land Registry and planning data updates.

Does new build stock sell at a premium in Cirencester?

On the last 12 months of Land Registry data, the 3 new build sales in Cirencester priced about 20.5 percent below comparable existing stock. That premium is one of the first numbers we check when we underwrite a Cirencester appraisal.

How quickly can a Cirencester 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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Building in Cirencester?

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