Somerset · South West England

Mezzanine finance for Weston Super Mare developers

Second-charge development funding to 90 to 95 percent of cost, priced against Weston Super Mare's own evidence: 2,888 recorded sales in the last 12 months and 137 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.

All of Somerset

£310k

Median sold price, 12m

2,888

Sales recorded, 12m

137

Units in live applications

£42.5m

Estimated pipeline GDV

The Weston Super Mare 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 Weston Super Mare deal starts with the local evidence. Over the last 12 months the town recorded 2,888 sales at a median of £310,000, down 1.6 percent year on year. New build stock commands a premium of about 41 percent over existing homes on 33 new build completions, which matters directly to how we read a developer's sales assumptions.

What Weston Super Mare stock actually sells for

Property type	Median sold price, 12m
Detached	£470,000
Semi-detached	£317,500
Terraced	£267,000
Flats	£180,000

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

Live planning activity at North Somerset Council

Over the last 3 months our monitors logged 4 relevant applications, 0 approved and 4 awaiting decision. Together the live residential applications propose 137 units with an estimated end value of £42.5m.

Schemes moving through planning now

Proposal	Units	Status
Non-Material Amendment to application 23/P/0238/RM (Reserved matters application for layout, scale, appearance and landscaping in relation to the erection of 98 dwellings, provision of open space, landscaping, car parkin…	98	Registered
Outline planning application with all matters reserved except for access, for the erection of up to 37 dwellings, including affordable housing, with demolition of existing buildings, together with associated infrastructu…	37	Registered
Permission in principle for the erection of minimum no. 1 dwellinghouse to maximum no. 1 dwellinghouse	1	Awaiting decision
Non-material amendment to application 23/P/0365/FUL (Demolition and clearance of Cambridge Batch Garage and associated buildings. Erection of no.11 dwellings with access from Weston Road) To allow for the removal of gate…	1	Registered

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

Gap funding for Weston Super Mare 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 Weston Super Mare 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 Weston Super Mare

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 Weston Super Mare, answered

Do you fund developments in Weston Super Mare?

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

Over the last 12 months Weston Super Mare recorded 2,888 sales at a median of £310,000, down 1.6 percent year on year. The live planning pipeline holds 137 units with an estimated GDV of £42.5m. The figures on this page refresh as the underlying Land Registry and planning data updates.

Does new build stock sell at a premium in Weston Super Mare?

On the last 12 months of Land Registry data, the 33 new build sales in Weston Super Mare priced about 41 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Weston Super Mare appraisal.

How quickly can a Weston Super Mare 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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Building in Weston Super Mare?

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