Mezzanine finance for Ashton Under Lyne developers
Second-charge development funding to 90 to 95 percent of cost, priced against Ashton Under Lyne's own evidence: 2,261 recorded sales in the last 12 months and 15 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Ashton Under Lyne 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 Ashton Under Lyne deal starts with the local evidence. Over the last 12 months the town recorded 2,261 sales at a median of £204,000, down 0.5 percent year on year. New build stock commands a premium of about 52.7 percent over existing homes on 20 new build completions, which matters directly to how we read a developer's sales assumptions.
What Ashton Under Lyne stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £347,500 |
| Semi-detached | £240,000 |
| Terraced | £180,000 |
| Flats | £126,250 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Tameside Metropolitan Borough Council
Over the last 3 months our monitors logged 107 relevant applications, 0 approved and 107 awaiting decision. Together the live residential applications propose 16 units with an estimated end value of £2.9m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| One commercial ground floor unit will be split into two ground floor units comprising of 95 and 97 Penny Meadow. | 2 | Awaiting decision |
| Demolition of existing garage and erection of two dwellings. | 2 | Decided |
| Change of use of existing dwelling (Use Class C3) to 6 bed HMO (Use Class C4) with Garage conversion to form kitchen | 1 | Awaiting decision |
| Change of use of the first floor to a self-contained 3-bedroom apartment (Use Class C3), together with associated internal alterations, retained and relocated kitchen extraction, bin and cycle storage, and a separate res… | 1 | Awaiting decision |
Sourced from Tameside Metropolitan Borough Council public register. If one of these is your scheme, we already know the context.
Gap funding for Ashton Under Lyne 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 Ashton Under Lyne scheme with the leverage calculator, or see the wider county picture on our Greater Manchester page and the national view in the UK development pipeline tracker.
Indicative terms in Ashton Under Lyne
- 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.
Mezzanine in Ashton Under Lyne, answered
Do you fund developments in Ashton Under Lyne?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Ashton Under Lyne and across Greater Manchester, 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 Ashton Under Lyne market look like right now?
Over the last 12 months Ashton Under Lyne recorded 2,261 sales at a median of £204,000, down 0.5 percent year on year. The live planning pipeline holds 15 units with an estimated GDV of £2.8m. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Ashton Under Lyne?
On the last 12 months of Land Registry data, the 20 new build sales in Ashton Under Lyne priced about 52.7 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Ashton Under Lyne appraisal.
How quickly can a Ashton Under Lyne 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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View Altrincham →Building in Ashton Under Lyne?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Ashton Under Lyne evidence on this page.