Mezzanine finance for Trowbridge developers
Second-charge development funding to 90 to 95 percent of cost, priced against Trowbridge's own evidence: 647 recorded sales in the last 12 months. We lend from our own book and arrange whole of market where that serves you better.
The Trowbridge 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 Trowbridge deal starts with the local evidence. Over the last 12 months the town recorded 647 sales at a median of £280,000, flat 0 percent year on year. New build stock commands a discount of about 1.8 percent to existing homes on 9 new build completions, which matters directly to how we read a developer's sales assumptions.
What Trowbridge stock actually sells for
| Property type | Median sold price, 12m |
|---|---|
| Detached | £385,000 |
| Semi-detached | £280,750 |
| Terraced | £235,000 |
| Flats | £135,500 |
HM Land Registry price paid data, trailing 12 months, refreshed 5 July 2026.
Gap funding for Trowbridge 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 Trowbridge scheme with the leverage calculator, or see the wider county picture on our Wiltshire page and the national view in the UK development pipeline tracker.
Indicative terms in Trowbridge
- 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 Trowbridge, answered
Do you fund developments in Trowbridge?
Yes. We lend second-charge mezzanine on residential and mixed-use schemes in Trowbridge and across Wiltshire, 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 Trowbridge market look like right now?
Over the last 12 months Trowbridge recorded 647 sales at a median of £280,000, flat 0 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 Trowbridge?
On the last 12 months of Land Registry data, the 9 new build sales in Trowbridge priced about 1.8 percent below comparable existing stock. That premium is one of the first numbers we check when we underwrite a Trowbridge appraisal.
How quickly can a Trowbridge 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 Wiltshire markets
Chippenham
740 sales, median £320k
View Chippenham → WiltshireDevizes
407 sales, median £307k
View Devizes → WiltshireMarlborough
244 sales, median £440k
View Marlborough → WiltshireMelksham
342 sales, median £289k
View Melksham → WiltshireSalisbury
1,251 sales, median £335k
View Salisbury →Building in Trowbridge?
Share the scheme and get a term sheet in 48 hours, underwritten with the same Trowbridge evidence on this page.