Specialist mezzanine finance for Tyne and Wear's developers

Development gap funding across the Tyne and Wear area

Across the 6 Tyne and Wear towns we monitor, 1,130 residential units are moving through live planning applications, an estimated £156m of gross development value. Newcastle recorded 2,867 sales in the last 12 months, while North Shields carries the county's strongest pricing at a median of £195,000.

That data is not decoration: it is how we underwrite. A mezzanine loan is a view on whether a scheme will sell at the price its appraisal claims, so we track every live application and recorded sale in the towns above before we price a Tyne and Wear deal. The same numbers are published openly in our UK development pipeline tracker.

Newcastle upon Tyne is the largest city and Sunderland another major city to the south-east. The county is named after the River Tyne and River Wear, along which its main settlements developed.

The product itself works the same in Tyne and Wear as everywhere we lend: 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 35 percent of cost to 5 or 10. Terms run 6 to 36 months with pricing indicatively from 12 percent a year, and a complete enquiry gets a term sheet inside 48 hours. Model your own scheme with the leverage calculator.

Tyne and Wear's development pipeline, measured

Monitored towns only; data refreshed 5 July 2026 from HM Land Registry and local planning authority records.

Where we lend in Tyne and Wear, England

Washington

419 units sit in Washington's live planning applications, an estimated £58.1m of GDV. The median sold price over the last 12 months is £140,000 (down 1.6% year on year), across 469 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Sunderland

419 units sit in Sunderland's live planning applications, an estimated £54.3m of GDV. The median sold price over the last 12 months is £130,000 (flat 0% year on year), across 1,814 recorded sales. Schemes here are underwritten against that evidence, not against optimism.

Gateshead

292 units sit in Gateshead's live planning applications, an estimated £43.5m of GDV. The median sold price over the last 12 months is £150,000 (down 3.2% year on year), across 2,149 recorded sales. Schemes here are underwritten against that evidence, not against optimism.