£477k
Median sold price, 12m
Surrey · South East England
Mezzanine finance for Redhill developers
Second-charge development funding to 90 to 95 percent of cost, priced against Redhill's own evidence: 1,520 recorded sales in the last 12 months and 400 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
1,520
Sales recorded, 12m
400
Units in live applications
£187m
Estimated pipeline GDV
The Redhill 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 Redhill deal starts with the local evidence. Over the last 12 months the town recorded 1,520 sales at a median of £477,000, up 0.4 percent year on year.
What Redhill stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £805,000 |
| Semi-detached | £535,138 |
| Terraced | £435,000 |
| Flats | £260,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Reigate and Banstead Borough Council
Over the last 3 months our monitors logged 96 relevant applications, 17 approved and 69 awaiting decision, an approval rate of 68 percent on decided cases. Together the live residential applications propose 545 units with an estimated end value of £255m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| PLEASE NOTE: Amended plans and documents received showing a change to the site layout and housing mix. Reserved Matters application for consideration of layout, scale, appearance and landscaping pursuant to Outline permi… | 446 | Registered |
| Prior Notification requirement under Part MA of the GPDO for the change of use of Class E space to form 37 apartments. | 37 | Awaiting decision |
| Change of use from Class E to C3 (16 units) | 16 | Awaiting decision |
| Refurbishment, extension and conversion of the Territorial Army Drill Hall into eight residential units. | 8 | Registered |
Sourced from Reigate and Banstead Borough Council public register. If one of these is your scheme, we already know the context.
Gap funding for Redhill 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 Redhill scheme with the leverage calculator, or see the wider county picture on our Surrey page and the national view in the UK development pipeline tracker.
Indicative terms in Redhill
- 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 Redhill, answered
Do you fund developments in Redhill?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Redhill and across Surrey, 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 Redhill market look like right now?
Over the last 12 months Redhill recorded 1,520 sales at a median of £477,000, up 0.4 percent year on year. The live planning pipeline holds 400 units with an estimated GDV of £187m. The figures on this page refresh as the underlying Land Registry and planning data updates.
How quickly can a Redhill 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 Surrey markets
Building in Redhill?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Redhill evidence on this page.