£430k
Median sold price, 12m
Surrey · South East England
Mezzanine finance for Woking developers
Second-charge development funding to 90 to 95 percent of cost, priced against Woking's own evidence: 1,205 recorded sales in the last 12 months. We lend from our own book and arrange whole of market where that serves you better.
1,205
Sales recorded, 12m
-2.7%
Price change, year on year
-25.3%
New build premium
The Woking 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 Woking deal starts with the local evidence. Over the last 12 months the town recorded 1,205 sales at a median of £430,000, down 2.7 percent year on year. New build stock commands a discount of about 25.3 percent to existing homes on 89 new build completions, which matters directly to how we read a developer's sales assumptions.
What Woking stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £750,000 |
| Semi-detached | £470,000 |
| Terraced | £385,000 |
| Flats | £250,000 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Gap funding for Woking 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 Woking 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 Woking
- 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 Woking, answered
Do you fund developments in Woking?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Woking 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 Woking market look like right now?
Over the last 12 months Woking recorded 1,205 sales at a median of £430,000, down 2.7 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 Woking?
On the last 12 months of Land Registry data, the 89 new build sales in Woking priced about 25.3 percent below comparable existing stock. That premium is one of the first numbers we check when we underwrite a Woking appraisal.
How quickly can a Woking 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 Woking?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Woking evidence on this page.