Mezzanine finance for Knaresborough developers
Second-charge development funding to 90 to 95 percent of cost, priced against Knaresborough's own evidence: 224 recorded sales in the last 12 months and 170 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Knaresborough 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 Knaresborough deal starts with the local evidence. Over the last 12 months the town recorded 224 sales at a median of £352,500, up 5.2 percent year on year. New build stock commands a discount of about 1.4 percent to existing homes on 5 new build completions, which matters directly to how we read a developer's sales assumptions.
What Knaresborough stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £495,240 |
| Semi-detached | £315,000 |
| Terraced | £260,000 |
| Flats | £145,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at North Yorkshire Council
Over the last 3 months our monitors logged 286 relevant applications, 0 approved and 286 awaiting decision. Together the live residential applications propose 184 units with an estimated end value of £62.1m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| Non Material Amendment application to allow an alteration to the phasing and re-wording of condition no. 4 (landscaping details) attached to planning permission referenced SCAZF24/01979/RM - approval of reserved matters… | 49 | Awaiting decision |
| Erection of porches, replacement windows and doors, installation of solar panels and ASHPs to 36 dwelling | 36 | Decided |
| Non-material amendment to allow minor alternations to the building heights, internal layout and external elevations for Plots 1-9 and Plot 12 to Planning Permission 20/01698/REMMAJ- Reserved matters application for resid… | 13 | Registered |
| Permission in Principle application for the erection of up to nine dwellings and a minimum of five | 9 | Decided |
Sourced from North Yorkshire Council public register. If one of these is your scheme, we already know the context.
Gap funding for Knaresborough 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 Knaresborough scheme with the leverage calculator, or see the wider county picture on our North Yorkshire page and the national view in the UK development pipeline tracker.
Indicative terms in Knaresborough
- 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 Knaresborough, answered
Do you fund developments in Knaresborough?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Knaresborough and across North Yorkshire, 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 Knaresborough market look like right now?
Over the last 12 months Knaresborough recorded 224 sales at a median of £352,500, up 5.2 percent year on year. The live planning pipeline holds 170 units with an estimated GDV of £56.8m. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Knaresborough?
On the last 12 months of Land Registry data, the 5 new build sales in Knaresborough priced about 1.4 percent below comparable existing stock. That premium is one of the first numbers we check when we underwrite a Knaresborough appraisal.
How quickly can a Knaresborough 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.
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View Northallerton →Building in Knaresborough?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Knaresborough evidence on this page.