Mezzanine finance for Hertford developers
Second-charge development funding to 90 to 95 percent of cost, priced against Hertford's own evidence: 452 recorded sales in the last 12 months and 491 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Hertford 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 Hertford deal starts with the local evidence. Over the last 12 months the town recorded 452 sales at a median of £450,000, up 0.7 percent year on year.
What Hertford stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £850,000 |
| Semi-detached | £582,500 |
| Terraced | £450,000 |
| Flats | £273,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at East Hertfordshire District Council
Over the last 3 months our monitors logged 7 relevant applications, 0 approved and 7 awaiting decision. Together the live residential applications propose 633 units with an estimated end value of £285m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| Variation of condition 1 (approved plans) attached to pp 3/25/0485/REM (reserved matters application relating to the Layout, Scale, Appearance and Landscaping for approval of 202 dwellings with associated infrastructure… | 202 | Awaiting decision |
| Variation of Condition 1 (Approved Plans) pursuant to planning permission (ref: 3/24/1142/REM/Dated 20/12/2024) for (Reserved matters application relating to the Layout, Scale, Appearance and Landscaping for approval of… | 161 | Awaiting decision |
| Non material amendment to planning application 3/24/2089/VAR (Variation of condition 2 (Approved Plans) pursuant to planning application 3/21/1749/VAR dated 27/10/21 as varied by ref: 3/22/0658/NMA, 3/22/1512/NMA, 3/23/1… | 142 | Awaiting decision |
| Variation of conditions 2 (approved plans) and 21 (access arrangements) pursuant to outline planning approval 3/24/1457/OUT (outline planning application for up to 91 dwellings (including affordable homes) with all matte… | 91 | Awaiting decision |
Sourced from East Hertfordshire District Council public register. If one of these is your scheme, we already know the context.
Gap funding for Hertford 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 Hertford 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 Hertford
- 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 Hertford, answered
Do you fund developments in Hertford?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Hertford 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 Hertford market look like right now?
Over the last 12 months Hertford recorded 452 sales at a median of £450,000, up 0.7 percent year on year. The live planning pipeline holds 491 units with an estimated GDV of £221m. The figures on this page refresh as the underlying Land Registry and planning data updates.
How quickly can a Hertford 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.
More Hertfordshire markets
Hemel Hempstead
673 pipeline units, £304m est. GDV
View Hemel Hempstead → HertfordshireBishops Stortford
491 pipeline units, £221m est. GDV
View Bishops Stortford → HertfordshireHarpenden
71 pipeline units, £56.0m est. GDV
View Harpenden → HertfordshireSt Albans
71 pipeline units, £41.1m est. GDV
View St Albans → HertfordshireStevenage
9 pipeline units, £3.1m est. GDV
View Stevenage →Building in Hertford?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Hertford evidence on this page.