Mezzanine finance for Kings Lynn developers
Second-charge development funding to 90 to 95 percent of cost, priced against Kings Lynn's own evidence: 1,804 recorded sales in the last 12 months and 1,563 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Kings Lynn 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 Kings Lynn deal starts with the local evidence. Over the last 12 months the town recorded 1,804 sales at a median of £265,000, flat 0 percent year on year. New build stock commands a premium of about 10 percent over existing homes on 11 new build completions, which matters directly to how we read a developer's sales assumptions.
What Kings Lynn stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £335,000 |
| Semi-detached | £240,000 |
| Terraced | £190,000 |
| Flats | £125,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at King's Lynn & West Norfolk Borough Council
Over the last 3 months our monitors logged 255 relevant applications, 58 approved and 181 awaiting decision, an approval rate of 85 percent on decided cases. Together the live residential applications propose 1,535 units with an estimated end value of £406m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| NON-MATERIAL AMENDMENT TO PEMISSION 21/00152/RMM: Reserved Matters, up to 300 dwellings and associated infrastructure and access | 300 | Application Permitted |
| DISCHARGE OF CONDITION 12 FROM PLANNING PERMISSION 16/01322/OM - Outline Application: up to 300 dwellings and associated infrastructure and access | 300 | Awaiting decision |
| DISCHARGE OF CONDITION 6 FOR PLOT 289 ONLY ATTACHED TO PLANNING PERMISSION 21/00152/RMM (RETROSPECTIVE, BRICK ONLY) - RESERVED MATTERS: Up to 300 dwellings and associated infrastructure and access | 300 | Decided |
| DISCHARGE OF CONDITION 14 ATTACHED TO PLANNING PERMISSION 14/01714/OM - Outline Application for up to 117 dwellings, all matters reserved apart from access | 117 | Decided |
Sourced from King's Lynn & West Norfolk Borough Council public register. If one of these is your scheme, we already know the context.
Gap funding for Kings Lynn 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 Kings Lynn scheme with the leverage calculator, or see the wider county picture on our Norfolk page and the national view in the UK development pipeline tracker.
Indicative terms in Kings Lynn
- 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 Kings Lynn, answered
Do you fund developments in Kings Lynn?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Kings Lynn and across Norfolk, 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 Kings Lynn market look like right now?
Over the last 12 months Kings Lynn recorded 1,804 sales at a median of £265,000, flat 0 percent year on year. The live planning pipeline holds 1,563 units with an estimated GDV of £411m. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Kings Lynn?
On the last 12 months of Land Registry data, the 11 new build sales in Kings Lynn priced about 10 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Kings Lynn appraisal.
How quickly can a Kings Lynn 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 Norfolk markets
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View Great Yarmouth → NorfolkNorwich
11 pipeline units, £2.4m est. GDV
View Norwich → NorfolkAttleborough
249 sales, median £268k
View Attleborough → NorfolkDereham
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View Dereham →Building in Kings Lynn?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Kings Lynn evidence on this page.