Somerset · South West England

Mezzanine finance for Bath developers

Second-charge development funding to 90 to 95 percent of cost, priced against Bath's own evidence: 1,251 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 Somerset
£429k
Median sold price, 12m
1,251
Sales recorded, 12m
+0.9%
Price change, year on year
48hrs
To a term sheet

The Bath 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 Bath deal starts with the local evidence. Over the last 12 months the town recorded 1,251 sales at a median of £429,000, up 0.9 percent year on year.

What Bath stock actually sells for

Property typeMedian sold price, 12m
Detached£752,500
Semi-detached£482,000
Terraced£415,000
Flats£301,000

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

Gap funding for Bath 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 Bath scheme with the leverage calculator, or see the wider county picture on our Somerset page and the national view in the UK development pipeline tracker.

Indicative terms in Bath

  • 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 Bath, answered

Do you fund developments in Bath?

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

Over the last 12 months Bath recorded 1,251 sales at a median of £429,000, up 0.9 percent year on year. The figures on this page refresh as the underlying Land Registry and planning data updates.

How quickly can a Bath 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 Bath?

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