North Yorkshire · Yorkshire and the Humber

Mezzanine finance for York developers

Second-charge development funding to 90 to 95 percent of cost, priced against York's own evidence: 2,107 recorded sales in the last 12 months and 15 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of North Yorkshire

£300k

Median sold price, 12m

2,107

Sales recorded, 12m

Units in live applications

£4.0m

Estimated pipeline GDV

The York 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 York deal starts with the local evidence. Over the last 12 months the town recorded 2,107 sales at a median of £300,000, flat 0 percent year on year. New build stock commands a discount of about 17.1 percent to existing homes on 21 new build completions, which matters directly to how we read a developer's sales assumptions.

What York stock actually sells for

Property type	Median sold price, 12m
Detached	£425,000
Semi-detached	£300,000
Terraced	£275,000
Flats	£195,000

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

Live planning activity at City of York Council

Over the last 3 months our monitors logged 231 relevant applications, 0 approved and 231 awaiting decision. Together the live residential applications propose 17 units with an estimated end value of £4.8m.

Schemes moving through planning now

Proposal	Units	Status
Alterations to 2no existing semi-detached dwellings to include single storey rear extensions, dormers to rear roofslopes, canopies to the front and dropped kerb to front of Field House	2	Awaiting decision
Change of use from dwelling house (use Class C3) to House in Multiple Occupation (use Class C4) for up to 5no. occupants	1	Awaiting decision
Change of use from dwelling house (use Class C3) to House in Multiple Occupation (use Class C4)	1	Awaiting decision
Change of use from dwelling house (use Class C3) to House in Multiple Occupation (use Class C4) and single storey rear extension	1	Awaiting decision

Sourced from City of York Council public register. If one of these is your scheme, we already know the context.

Gap funding for York 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 York 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 York

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 York, answered

Do you fund developments in York?

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

Over the last 12 months York recorded 2,107 sales at a median of £300,000, flat 0 percent year on year. The live planning pipeline holds 15 units with an estimated GDV of £4.0m. The figures on this page refresh as the underlying Land Registry and planning data updates.

Does new build stock sell at a premium in York?

On the last 12 months of Land Registry data, the 21 new build sales in York priced about 17.1 percent below comparable existing stock. That premium is one of the first numbers we check when we underwrite a York appraisal.

How quickly can a York 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.

Nearby

More North Yorkshire markets

North Yorkshire

Building in York?

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