Mezzanine finance for Norwich developers
Second-charge development funding to 90 to 95 percent of cost, priced against Norwich's own evidence: 1,557 recorded sales in the last 12 months and 11 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Norwich 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 Norwich deal starts with the local evidence. Over the last 12 months the town recorded 1,557 sales at a median of £230,000, down 1.3 percent year on year.
What Norwich stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £370,000 |
| Semi-detached | £260,000 |
| Terraced | £240,000 |
| Flats | £145,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Norwich City Council
Over the last 3 months our monitors logged 67 relevant applications, 0 approved and 67 awaiting decision. Together the live residential applications propose 12 units with an estimated end value of £2.5m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| Internal alterations to first and second floor and insertion of Velux windows in roof to create 7 bed-sit units. | 7 | Awaiting decision |
| Use of two existing flats as a single dwelling, relocation of existing close-boarded fence and amendment to parking area and associated works. | 1 | Awaiting decision |
| Conversion of the first and second floor office space to residential flats with associated works. | 1 | Awaiting decision |
| Conversion of the first and second floor office space to residential flats with associated works. | 1 | Awaiting decision |
Sourced from Norwich City Council public register. If one of these is your scheme, we already know the context.
Gap funding for Norwich 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 Norwich 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 Norwich
- 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 Norwich, answered
Do you fund developments in Norwich?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Norwich 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 Norwich market look like right now?
Over the last 12 months Norwich recorded 1,557 sales at a median of £230,000, down 1.3 percent year on year. The live planning pipeline holds 11 units with an estimated GDV of £2.4m. The figures on this page refresh as the underlying Land Registry and planning data updates.
How quickly can a Norwich 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
Kings Lynn
1,563 pipeline units, £411m est. GDV
View Kings Lynn → NorfolkCromer
1,438 pipeline units, £411m est. GDV
View Cromer → NorfolkGreat Yarmouth
186 pipeline units, £38.0m est. GDV
View Great Yarmouth → NorfolkAttleborough
249 sales, median £268k
View Attleborough → NorfolkDereham
440 sales, median £270k
View Dereham →Building in Norwich?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Norwich evidence on this page.