Mezzanine finance for Maindee developers
Second-charge development funding to 90 to 95 percent of cost, priced against Maindee's own evidence: 1,737 recorded sales in the last 12 months and 276 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Maindee 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 Maindee deal starts with the local evidence. Over the last 12 months the town recorded 1,737 sales at a median of £227,000, up 0.9 percent year on year. New build stock commands a premium of about 59.8 percent over existing homes on 45 new build completions, which matters directly to how we read a developer's sales assumptions.
What Maindee stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £383,000 |
| Semi-detached | £250,000 |
| Terraced | £180,000 |
| Flats | £125,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Newport City Council
Over the last 3 months our monitors logged 5 relevant applications, 0 approved and 5 awaiting decision. Together the live residential applications propose 276 units with an estimated end value of £42.5m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| NON MATERIAL AMENDMENT (VARY APPROVED PLANS CONDITION) OF 08/0228 VARIATION OF CONDITION 01(NOISE ASSESSMENT) AND 22 (MATERIALS) OF PLANNING PERMISSION 05/1644 FOR RESIDENTIAL DEVELOPMENT COMPRISING 154 APARTMENTS (INCLU… | 154 | |
| PARTIAL DISCHARGE OF CONDITIONS 39 (GLAZING SCHEME) AND 40 (GLAZING SCHEME) OF 23/0682 S73 APPLICATION TO VARY CONDITION 1 (APPROVED PLANS) OF 19/1212 PARTIAL DEMOLITION, REFURBISHMENT AND CONVERSION OF MAIN BUILDING TO… | 44 | |
| PARTIAL DISCHARGE OF CONDITION 15 (GROUND CONTAMINATION) OF 23/0163 RESIDENTIAL DEVELOPMENT OF 43 UNITS | 43 | |
| NMA APPLICATION TO VARY CONDITION 1 (APPROVED PLANS) OF 21/1068 S73 APPLICATION TO VARY CONDITION 1 (APPROVED PLANS) TO ACCOMMODATE 5.5M DRAINAGE EASEMENT IN NORTH WEST BOUNDARY IN RESPECT OF PLANNING PERMISSION 19/0768… | 35 |
Sourced from Newport City Council public register. If one of these is your scheme, we already know the context.
Gap funding for Maindee 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 Maindee scheme with the leverage calculator, or see the wider county picture on our Newport page and the national view in the UK development pipeline tracker.
Indicative terms in Maindee
- 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 Maindee, answered
Do you fund developments in Maindee?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Maindee and across Newport, 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 Maindee market look like right now?
Over the last 12 months Maindee recorded 1,737 sales at a median of £227,000, up 0.9 percent year on year. The live planning pipeline holds 276 units with an estimated GDV of £42.5m. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Maindee?
On the last 12 months of Land Registry data, the 45 new build sales in Maindee priced about 59.8 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Maindee appraisal.
How quickly can a Maindee 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 Newport markets
Building in Maindee?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Maindee evidence on this page.