Hertfordshire · South East England

Mezzanine finance for Harpenden developers

Second-charge development funding to 90 to 95 percent of cost, priced against Harpenden's own evidence: 317 recorded sales in the last 12 months and 71 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Hertfordshire

£790k

Median sold price, 12m

317

Sales recorded, 12m

Units in live applications

£56.0m

Estimated pipeline GDV

The Harpenden 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 Harpenden deal starts with the local evidence. Over the last 12 months the town recorded 317 sales at a median of £790,000, up 5.1 percent year on year.

What Harpenden stock actually sells for

Property type	Median sold price, 12m
Detached	£1,395,000
Semi-detached	£910,000
Terraced	£595,000
Flats	£340,000

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

Live planning activity at St Albans City and District Council

Over the last 3 months our monitors logged 9 relevant applications, 0 approved and 9 awaiting decision. Together the live residential applications propose 68 units with an estimated end value of £52.8m.

Schemes moving through planning now

Proposal	Units	Status
Outline application (with all matters reserved aside from principal means of access to the highway) for demolition of existing buildings and erection of up to 60 dwellings, new vehicular and pedestrian access, landscapin…	60	Under Consultation
Erection of six dwellings with associated landscaping, parking and access	6	Under Consultation
Construction of two storey and single storey over existing rear extension to provide two one-bedroom flats at first floor level and office unit at ground floor level	2	Under Consultation

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

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

Indicative terms in Harpenden

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 Harpenden, answered

Do you fund developments in Harpenden?

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

Over the last 12 months Harpenden recorded 317 sales at a median of £790,000, up 5.1 percent year on year. The live planning pipeline holds 71 units with an estimated GDV of £56.0m. The figures on this page refresh as the underlying Land Registry and planning data updates.

How quickly can a Harpenden 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.

Nearby

More Hertfordshire markets

Hertfordshire

Building in Harpenden?

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