Mezzanine finance for Gateshead developers
Second-charge development funding to 90 to 95 percent of cost, priced against Gateshead's own evidence: 2,149 recorded sales in the last 12 months and 292 units in live planning applications. We lend from our own book and arrange whole of market where that serves you better.
The Gateshead 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 Gateshead deal starts with the local evidence. Over the last 12 months the town recorded 2,149 sales at a median of £150,000, down 3.2 percent year on year. New build stock commands a premium of about 71.7 percent over existing homes on 22 new build completions, which matters directly to how we read a developer's sales assumptions.
What Gateshead stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £310,000 |
| Semi-detached | £170,000 |
| Terraced | £140,000 |
| Flats | £92,875 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Live planning activity at Gateshead Council
Over the last 3 months our monitors logged 39 relevant applications, 0 approved and 39 awaiting decision. Together the live residential applications propose 292 units with an estimated end value of £43.5m.
Schemes moving through planning now
| Proposal | Units | Status |
|---|---|---|
| Application seeking approval without compliance of conditions 70 (Offsite noise mitigation verification), 71 (Retention of off-site noise mitigation), 72 (Offsite light spillage mitigation) and 73 (Retention of offsite l… | 276 | Awaiting decision |
| Change of use of the property from vacant offices (Class E) to 11 bed House of Multiple Occupation (HMO) (Sui Generis) with associated internal and external alterations. | 11 | Awaiting decision |
| Proposed change of use of existing class A4 Pub to C4 Small Shared Houses in Multiple Occupation with internal alterations to form five residential cluster flats | 5 | Awaiting decision |
Sourced from Gateshead Council public register. If one of these is your scheme, we already know the context.
Gap funding for Gateshead 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 Gateshead scheme with the leverage calculator, or see the wider county picture on our Tyne and Wear page and the national view in the UK development pipeline tracker.
Indicative terms in Gateshead
- 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 Gateshead, answered
Do you fund developments in Gateshead?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Gateshead and across Tyne and Wear, 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 Gateshead market look like right now?
Over the last 12 months Gateshead recorded 2,149 sales at a median of £150,000, down 3.2 percent year on year. The live planning pipeline holds 292 units with an estimated GDV of £43.5m. The figures on this page refresh as the underlying Land Registry and planning data updates.
Does new build stock sell at a premium in Gateshead?
On the last 12 months of Land Registry data, the 22 new build sales in Gateshead priced about 71.7 percent above comparable existing stock. That premium is one of the first numbers we check when we underwrite a Gateshead appraisal.
How quickly can a Gateshead 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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Share the scheme and get a term sheet in 48 hours, underwritten with the same Gateshead evidence on this page.