East Midlands · Mezzanine lending

Specialist mezzanine finance for Leicestershire'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 7 Leicestershire towns. We lend from our own book and arrange whole of market where that serves you better.

How our mezzanine works
580
Units in live applications
£156m
Estimated pipeline GDV
£262k
Median sold price, 12m
9,279
Sales recorded, 12 months

Development gap funding across the county of Leicestershire

Across the 7 Leicestershire towns we monitor, 580 residential units are moving through live planning applications, an estimated £156m of gross development value, with 100 percent of decided relevant applications approved over the last 12 months. Leicester recorded 2,120 sales in the last 12 months, while Market Harborough carries the county's strongest pricing at a median of £320,000.

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 Leicestershire deal. The same numbers are published openly in our UK development pipeline tracker.

Leicester is the largest settlement and county town and the economic hub of the area. East Midlands Airport is a leading UK air-freight hub, and the M1 runs through the county.

The product itself works the same in Leicestershire 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.

Leicestershire's development pipeline, measured

TownPipeline unitsEst. GDVSales, 12mMedian price
Melton Mowbray 414 £109m 648 £262,000
Hinckley 99 £25.5m 1,430 £257,750
Market Harborough 67 £21.6m 1,247 £320,000
Coalville 0 0 1,361 £255,000
Leicester 0 0 2,120 £235,000
Loughborough 0 0 1,981 £270,000
Wigston 0 0 492 £273,250

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

Where we lend in Leicestershire, England

Melton Mowbray

414 units sit in Melton Mowbray's live planning applications, an estimated £109m of GDV. The median sold price over the last 12 months is £262,000 (down 3% year on year), across 648 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Hinckley

99 units sit in Hinckley's live planning applications, an estimated £25.5m of GDV. The median sold price over the last 12 months is £257,750 (down 2% year on year), across 1,430 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Market Harborough

67 units sit in Market Harborough's live planning applications, an estimated £21.6m of GDV. The median sold price over the last 12 months is £320,000 (down 4.2% year on year), across 1,247 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Indicative terms in Leicestershire

  • 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.

Town by town

Every Leicestershire market we monitor

FAQ

Mezzanine finance in Leicestershire, answered

Do you lend on developments in Leicestershire?

Yes. We provide second-charge mezzanine finance for residential and mixed-use schemes across the county of Leicestershire, 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 Leicestershire?

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 Leicestershire schemes with sales evidence from markets like Leicester price at the stronger end.

Which Leicestershire towns do you cover?

All of them. The towns listed on this page are the ones our data monitors track, including Melton Mowbray, Hinckley, Market Harborough, Coalville, but we lend and arrange across the whole county and the wider region.

How quickly can a Leicestershire 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 Leicestershire?

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

All locations