Greater Manchester · North West England

Mezzanine finance for Bury developers

Second-charge development funding to 90 to 95 percent of cost, priced against Bury's own evidence: 2,008 recorded sales in the last 12 months and 9 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Greater Manchester
£230k
Median sold price, 12m
2,008
Sales recorded, 12m
9
Units in live applications
£2.1m
Estimated pipeline GDV

The Bury 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 Bury deal starts with the local evidence. Over the last 12 months the town recorded 2,008 sales at a median of £230,000, down 1.1 percent year on year.

What Bury stock actually sells for

Property typeMedian sold price, 12m
Detached£375,000
Semi-detached£264,000
Terraced£180,000
Flats£127,500

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

Live planning activity at Bury Council

Over the last 3 months our monitors logged 1 relevant applications, 0 approved and 1 awaiting decision. Together the live residential applications propose 9 units with an estimated end value of £2.1m.

Schemes moving through planning now

ProposalUnitsStatus
Application for permission in principle for the erection of 8-9 dwellings 9 Decided

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

Gap funding for Bury 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 Bury 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 Bury

  • 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 Bury, answered

Do you fund developments in Bury?

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

Over the last 12 months Bury recorded 2,008 sales at a median of £230,000, down 1.1 percent year on year. The live planning pipeline holds 9 units with an estimated GDV of £2.1m. The figures on this page refresh as the underlying Land Registry and planning data updates.

How quickly can a Bury 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.

Building in Bury?

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