London · Mezzanine lending

Specialist mezzanine finance for Greater London's developers

Second-charge development funding that lifts combined leverage to 90 to 95 percent of cost, underwritten with live planning and sold-price data from 51 Greater London towns. We lend from our own book and arrange whole of market where that serves you better.

How our mezzanine works
1,564
Units in live applications
£615m
Estimated pipeline GDV
£525k
Median sold price, 12m
97,461
Sales recorded, 12 months

Development gap funding across London

Across the 51 Greater London towns we monitor, 1,564 residential units are moving through live planning applications, an estimated £615m of gross development value, with 80 percent of decided relevant applications approved over the last 12 months. Battersea recorded 3,390 sales in the last 12 months, while Chelsea carries the county's strongest pricing at a median of £995,000.

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 Greater London deal. The same numbers are published openly in our UK development pipeline tracker, where Greater London currently ranks number 6 of 48 counties by pipeline value.

Greater London is made up of the City of London and 32 London boroughs. The River Thames is the defining geographic feature, flowing west to east across the region.

The product itself works the same in Greater London 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.

Greater London's development pipeline, measured

TownPipeline unitsEst. GDVSales, 12mMedian price
Croydon 1,169 £420m 3,279 £417,000
Brixton 198 £100m 2,644 £525,000
Ealing 160 £78.9m 2,173 £510,000
Woolwich 21 £9.2m 1,936 £450,000
Stratford 16 £6.5m 1,581 £435,000
Barking 0 0 1,156 £380,000
Barnet 0 0 2,656 £550,000
Battersea 0 0 3,390 £625,750

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

Where we lend in the London region

Croydon

1,169 units sit in Croydon's live planning applications, an estimated £420m of GDV. The median sold price over the last 12 months is £417,000 (up 3% year on year), across 3,279 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Brixton

198 units sit in Brixton's live planning applications, an estimated £100m of GDV. The median sold price over the last 12 months is £525,000 (down 4.5% year on year), across 2,644 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Ealing

160 units sit in Ealing's live planning applications, an estimated £78.9m of GDV. The median sold price over the last 12 months is £510,000 (down 1% year on year), across 2,173 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Woolwich

21 units sit in Woolwich's live planning applications, an estimated £9.2m of GDV. The median sold price over the last 12 months is £450,000 (up 0.6% year on year), across 1,936 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Stratford

16 units sit in Stratford's live planning applications, an estimated £6.5m of GDV. The median sold price over the last 12 months is £435,000 (down 1.1% year on year), across 1,581 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Indicative terms in Greater London

  • 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 finance in Greater London, answered

Do you lend on developments in Greater London?

Yes. We provide second-charge mezzanine finance for residential and mixed-use schemes across London, typically taking combined leverage to 85 to 95 percent of cost alongside a senior facility. Where a case suits another funder's appetite better, we arrange it whole of market instead.

What does mezzanine finance cost in Greater London?

Pricing is set by the deal rather than the postcode: indicatively 12 to 18 percent a year with an arrangement fee of 1.5 to 2.5 percent. What moves it is leverage, track record, profit on cost and the strength of the exit, and Greater London schemes with sales evidence from markets like Battersea price at the stronger end.

Which Greater London towns do you cover?

All of them. The towns listed on this page are the ones our data monitors track, including Croydon, Brixton, Ealing, Woolwich, but we lend and arrange across the whole county and the wider region.

How quickly can a Greater London scheme get a term sheet?

The same as anywhere we lend: a complete enquiry gets a considered credit view and term sheet inside 48 hours, and typical enquiry to drawdown is 4 to 6 weeks alongside your senior lender's process.

Building in Greater London?

Share the scheme and get a term sheet in 48 hours, underwritten with the same Greater London data you have just read.

All locations