Mezzanine finance for Sheffield developers
Second-charge development funding to 90 to 95 percent of cost, priced against Sheffield's own evidence: 5,010 recorded sales in the last 12 months. We lend from our own book and arrange whole of market where that serves you better.
The Sheffield 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 Sheffield deal starts with the local evidence. Over the last 12 months the town recorded 5,010 sales at a median of £207,500, down 1.2 percent year on year. New build stock commands a premium of about 15.7 percent over existing homes on 14 new build completions, which matters directly to how we read a developer's sales assumptions.
What Sheffield stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £375,000 |
| Semi-detached | £220,000 |
| Terraced | £185,000 |
| Flats | £140,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Gap funding for Sheffield 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 Sheffield scheme with the leverage calculator, or see the wider county picture on our South Yorkshire page and the national view in the UK development pipeline tracker.
Indicative terms in Sheffield
- 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 Sheffield, answered
Do you fund developments in Sheffield?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Sheffield and across South 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 Sheffield market look like right now?
Over the last 12 months Sheffield recorded 5,010 sales at a median of £207,500, down 1.2 percent year on year. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Sheffield?
On the last 12 months of Land Registry data, the 14 new build sales in Sheffield priced about 15.7 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Sheffield appraisal.
How quickly can a Sheffield 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.
More South Yorkshire markets
Doncaster
599 pipeline units, £99.7m est. GDV
View Doncaster → South YorkshireMexborough
599 pipeline units, £75.5m est. GDV
View Mexborough → South YorkshireBarnsley
2,136 sales, median £162k
View Barnsley → South YorkshireRotherham
2,589 sales, median £183k
View Rotherham → South YorkshireWombwell
2,672 sales, median £162k
View Wombwell →Building in Sheffield?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Sheffield evidence on this page.