Specialist mezzanine finance for Northumberland's developers

Development gap funding across the county of Northumberland

Across the 6 Northumberland towns we monitor, 366 residential units are moving through live planning applications, an estimated £77.9m of gross development value. Morpeth recorded 771 sales in the last 12 months, while Hexham carries the county's strongest pricing at a median of £280,000.

That data is not decoration: it is how we underwrite. A mezzanine loan is a view on whether a scheme will sell at the price its appraisal claims, so we track every live application and recorded sale in the towns above before we price a Northumberland deal. The same numbers are published openly in our UK development pipeline tracker.

Northumberland is the northernmost county in England, bordering Scotland. It contains Northumberland National Park and a large stretch of Hadrian's Wall.

The product itself works the same in Northumberland as everywhere we lend: 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 35 percent of cost to 5 or 10. Terms run 6 to 36 months with pricing indicatively from 12 percent a year, and a complete enquiry gets a term sheet inside 48 hours. Model your own scheme with the leverage calculator.

Northumberland's development pipeline, measured

Monitored towns only; data refreshed 5 July 2026 from HM Land Registry and local planning authority records.

Where we lend in Northumberland, England

Hexham

61 units sit in Hexham's live planning applications, an estimated £16.6m of GDV. The median sold price over the last 12 months is £280,000 (up 9.8% year on year), across 297 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Alnwick

61 units sit in Alnwick's live planning applications, an estimated £15.9m of GDV. The median sold price over the last 12 months is £265,000 (down 10.2% year on year), across 212 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Morpeth

61 units sit in Morpeth's live planning applications, an estimated £14.8m of GDV. The median sold price over the last 12 months is £245,000 (up 4.3% year on year), across 771 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Berwick upon Tweed

61 units sit in Berwick upon Tweed's live planning applications, an estimated £11.4m of GDV. The median sold price over the last 12 months is £189,750 (up 2.6% year on year), across 204 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Cramlington

61 units sit in Cramlington's live planning applications, an estimated £10.7m of GDV. The median sold price over the last 12 months is £179,973 (down 6.6% year on year), across 410 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Blyth

61 units sit in Blyth's live planning applications, an estimated £8.4m of GDV. The median sold price over the last 12 months is £140,000 (down 2.1% year on year), across 458 recorded sales. Schemes here are underwritten against that evidence, not against optimism.