Norfolk · East of England

Mezzanine finance for Thetford developers

Second-charge development funding to 90 to 95 percent of cost, priced against Thetford's own evidence: 570 recorded sales in the last 12 months. We lend from our own book and arrange whole of market where that serves you better.

All of Norfolk
£240k
Median sold price, 12m
570
Sales recorded, 12m
-2%
Price change, year on year
+60.7%
New build premium

The Thetford 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 Thetford deal starts with the local evidence. Over the last 12 months the town recorded 570 sales at a median of £240,000, down 2 percent year on year. New build stock commands a premium of about 60.7 percent over existing homes on 8 new build completions, which matters directly to how we read a developer's sales assumptions.

What Thetford stock actually sells for

Property typeMedian sold price, 12m
Detached£305,000
Semi-detached£230,000
Terraced£182,500
Flats£97,000

HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.

Gap funding for Thetford 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 Thetford 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 Thetford

  • 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.

FAQ

Mezzanine in Thetford, answered

Do you fund developments in Thetford?

Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Thetford 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 Thetford market look like right now?

Over the last 12 months Thetford recorded 570 sales at a median of £240,000, down 2 percent year on year. The figures on this page refresh as the underlying Land Registry and planning data updates.

Does new build stock sell at a premium in Thetford?

On the last 12 months of Land Registry data, the 8 new build sales in Thetford priced about 60.7 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Thetford appraisal.

How quickly can a Thetford 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.

Building in Thetford?

Share the scheme and get a term sheet in 48 hours, underwritten with the same Thetford evidence on this page.