Leeds Development Finance
development finance leeds

Development finance for Leeds property developers.

Senior debt, stretch senior, mezzanine, JV equity and exit finance — sourced from 100+ specialist lenders and structured around your Leeds scheme. Indicative terms in 48 hours.

Get indicative termsCall 0113 321 5050
Terms in 48 hours100+ specialist lenders£300M arranged
£300M+

Capital arranged

500+

Deals completed

100+

Lender panel

20+

Years in market

Leeds · right now

The market, in numbers.

HM Land Registry · Leeds LPA · last 12 months

100+

Lenders

Active on panel

48hr

Indicative terms

From complete enquiry

£300M+

Arranged

Across the network

90%

Max LTC

Stretch senior

Why Leeds

The UK’s largest city-centre regeneration pipeline — and the lender relationships to fund it.

Leeds is in the middle of the largest city-centre regeneration programme in the UK. The South Bank masterplan will double the size of Leeds city centre over 20 years: 8,000 new homes, 35,000 jobs, and £7bn of investment across Wellington Place, the Tetley, Crown Point and the Aire Valley. Leeds City Council’s Local Plan 2040 targets 51,952 net additional homes by the end of the plan period — a pipeline that sits across the city centre, the urban core (Holbeck, Hyde Park, Headingley) and the outer Leeds growth corridors.

Northern Powerhouse Rail, the West Yorkshire Combined Authority’s mass transit programme, and Channel 4’s northern HQ at Majestic have all underwritten the investment case. Leeds consistently sits in the top five UK cities for office take-up and residential investment — and it has a maturing specialist-lender ecosystem headquartered locally, including BLG Development Finance, Zenzic Capital, SMH Group and Hampshire Trust Bank’s dedicated Leeds office.

I arrange development finance across every corner of Leeds and every mainstream asset class — residential, commercial, industrial, mixed-use, PBSA, BTR, hotel, care home, retail, and office — from South Bank residential towers to Headingley PBSA and Morley commuter-belt schemes. Facility sizes from £500K to £20M+. One specialist broker, the full lending stack — senior, stretch senior, mezzanine, JV equity, exit — and indicative terms in 48 hours.

The lending stack

Every product, the real numbers.

Indicative ranges pulled from live lender positions — market conditions and borrower profile shift these every month.

Senior Development

Standard product. New build, conversion, refurb. Day-one land + staged build drawdown.

Facility

£500K – £30M

LTC

up to 70%

LTGDV

up to 65%

Rate

7.0 – 9.0%

Stretch Senior

Capital-efficient. For experienced developers with proven track record.

Facility

£750K – £25M

LTC

up to 85%

LTGDV

up to 70%

Rate

7.5 – 10.0%

Mezzanine

Second-charge behind senior. Bridges the equity gap on larger schemes.

Facility

£250K – £10M

LTC

up to 90%

LTGDV

up to 75%

Rate

10 – 15%

JV Equity

Equity partner into the SPV. For proven operators scaling deal flow.

Facility

£500K – £20M

LTC

up to 100%

LTGDV

negotiated

Rate

Profit share

Development Exit

Refinance senior on practical completion. Release equity while you sell.

Facility

£500K – £25M

LTC

—

LTGDV

up to 75%

Rate

6.5 – 8.5%

Conversion / Refurb

Light refurb, heavy refurb, commercial-to-residential, PDR conversion.

Facility

£250K – £10M

LTC

up to 75%

LTGDV

up to 70%

Rate

7.5 – 10.5%

See every product in detailModel your scheme
Model the deal

Sanity-check your scheme in a minute.

Drop in your GDV, build costs and term. The calculator is pre-set at market-typical senior ratios (70% LTC / 65% LTGDV) so the output reflects what Leeds lenders are quoting this month, not last cycle. Stretch, mezzanine and JV scenarios available on request.

For a tailored quote with live lender positions, call me on 0113 321 5050.

Scheme inputs

Drag the sliders.

£2,500,000
£1,700,000
£1,200,000
£500,000
18 months

Based on Leeds market averages

Your estimate

Indicative Loan Amount

£1,190,000

Lower of 70% LTC and 65% LTGDV — capped by LTC.

Loan to Value
47.6%
Loan to Cost
70.0%
Profit on Cost
47.1%
Indicative Rate
7.5% – 9.5% pa
Est. Monthly Interest
£8,429
Est. Total Interest (18m)
£151,725

Get tailored terms for these numbers

Leave your details and we’ll send back indicative terms from our lender panel within 48 hours, alongside the modelled figures from the calculator above.

Your modelled GDV / cost / loan numbers are attached automatically. Indicative only — actual terms depend on scheme specifics and live lender appetite.

Lender panel

100+ lenders, one broker.

We hold live relationships with every mainstream and specialist lender active in the Leeds market — from challenger banks to specialist development funds. One enquiry, one integrated negotiation across the whole panel.

Below: a selection of lenders we have placed Leeds development deals with in the last 18 months.

Shawbrook

Challenger bank

Paragon

Challenger bank

United Trust Bank

Specialist bank

OakNorth

Challenger bank

Aldermore

Specialist bank

Together

Specialist lender

Assetz Capital

Specialist lender

Octane Capital

Specialist lender

LendInvest

Specialist lender

Maslow Capital

Specialist lender

Atelier Finance

Specialist lender

Puma Property Finance

Specialist lender

Close Brothers

Specialist bank

Hope Capital

Specialist lender

MT Finance

Specialist lender

Avamore Capital

Specialist lender

Glenhawk

Specialist lender

Investec

Private bank

Key development zones

Where Leeds is building.

View all areas
Leeds City Centre development area

Leeds City Centre

22 active

Core Leeds CBD with the Arena Quarter, civic precinct and a mature residential tower pipeline.

Explore area
South Bank development area

South Bank

18 active

The UK’s largest city-centre regeneration — £7bn, 8,000 homes, 35,000 jobs over 20 years.

Explore area
Holbeck development area

Holbeck

12 active

Holbeck Urban Village redevelopment, grade II‑listed mills and post‑industrial mixed‑use.

Explore area
Headingley development area

Headingley

9 active

University‑driven PBSA and BTR market anchored by Leeds’ two universities.

Explore area
Hyde Park development area

Hyde Park

10 active

LS6 dense student residential — PBSA and HMO schemes with sustained rental demand.

Explore area
Kirkstall development area

Kirkstall

7 active

Kirkstall Valley regeneration — retail‑led mixed use alongside the historic Abbey.

Explore area
Chapel Allerton development area

Chapel Allerton

6 active

Gentrified north Leeds neighbourhood with boutique residential infill and conversions.

Explore area
Roundhay development area

Roundhay

5 active

Affluent north Leeds suburb with mature housing stock and high‑end replacement‑scheme appetite.

Explore area
Horsforth development area

Horsforth

6 active

Commuter‑belt Leeds with strong rental demand and suburban residential growth.

Explore area
Beeston development area

Beeston

8 active

South Leeds regeneration zone — value‑end BTL/BTR and industrial‑to‑residential conversions.

Explore area
Armley development area

Armley

7 active

Emerging west Leeds regeneration — retail, leisure and residential intensification.

Explore area
Morley development area

Morley

6 active

Rail‑linked Leeds satellite town with growing residential and mixed‑use delivery.

Explore area
Case studies

Real schemes, real facilities.

South Bank Residential Tower

86-unit BTR · 22m programme

£14.8M · 68% LTC

Headingley PBSA Scheme

120-bed purpose-built student · 15m

£9.6M · 70% LTC

Chapel Allerton Boutique Conversion

14-unit Grade II conversion · 10m

£2.9M · 75% LTC

View all case studies
Who you’re speaking to

The human behind the panel.

Hi — I'm Matt. I've spent two decades in property lending, most of it arranging development facilities for Leeds developers. What I do now is simple: I bring schemes I believe in to lenders I already know, and I don't waste anyone's time if the numbers don't work. If you want a straight answer on your scheme, send it through — you'll hear back within 48 hours, and it won't be a form response.

Matt/Founder · 20+ years in development finance

Meet the teamSee our deals

Experience

20+ years

In property lending, including senior HBOS corporate banking.

Arranged

£300M+

In development facilities across the UK.

Lender panel

100+ lenders

Live relationships with every mainstream and specialist development lender active in the UK market.

Network

Construction Capital

Part of the UK's largest independent development finance brokerage.

What clients say
We needed stretch senior for a South Bank BTR scheme. Matt’s team placed us at 8.0% with 80% LTC — better than anything our incumbent broker had quoted.

James T.

Director, West Riding Developments Ltd

A 120-bed PBSA scheme in Headingley with a tight start-on-site date. Funded in 19 working days with a senior development facility at 70% LTC.

Sarah K.

MD, Yorkshire Student Property Group

First-time developer and I was nervous about the process. The team guided me through every step of my 8-unit scheme in Horsforth. Funded within 3 weeks — I couldn’t recommend them more highly.

David R.

Property Developer, Horsforth

Frequently asked

Development finance FAQs.

Development finance in Leeds is a specialist short-term property loan used to fund the construction, conversion or heavy refurbishment of residential, commercial and mixed-use schemes across the Leeds City Region. Facilities are typically structured as senior debt covering up to 70% of total development cost (LTC) and up to 65% of gross development value (GDV), with stretch senior taking LTC as high as 85% and mezzanine finance lifting total funding to 90% of costs. With Leeds delivering the largest city-centre regeneration programme in the UK — 8,000 homes and £7bn of investment in South Bank alone — lender appetite across the city is currently strong. Our development finance services cover schemes from £500K to £20M.
Leeds development finance facilities typically range from £500,000 to £20,000,000, depending on scheme size, track record and GDV. Senior development finance covers up to 70% LTC, while stretch senior facilities reach 85% LTC. For larger city-centre schemes in South Bank or Leeds City Centre, mezzanine finance can lift total borrowing to 90% of costs. For PBSA, BTR and hotel schemes we routinely structure stretch senior + mezz stacks. Use our development loan calculator for an instant estimate.
Interest rates for Leeds development finance currently sit between 7.0% and 12% per annum, driven by loan-to-value, borrower experience, scheme location and exit strategy. Leeds benefits from a competitive regional lending market — BLG Development Finance, Zenzic Capital and HTB all have dedicated Yorkshire desks, which keeps senior pricing tight. Our 100+ lender panel includes regional challengers, specialist funds and high-street banks, which lets us benchmark any live Leeds scheme against a full market view.
We issue indicative terms within 48 hours of receiving a complete enquiry. Full completion typically takes 2–4 weeks, dependent on valuation turnaround and legal complexity. For straightforward Leeds schemes with experienced borrowers and clean planning, we have completed development finance facilities in as little as 10 working days.
We finance every mainstream asset class across the Leeds City Region: residential (apartments, BTR, houses), commercial (offices, retail, mixed-use), industrial and logistics, purpose-built student accommodation (PBSA) — especially Headingley and Hyde Park — Build-to-Rent (BTR), hotel and aparthotel, care home and supported living, mixed-use, and permitted development conversions. South Leeds industrial-to-residential and South Bank high-density residential towers are particular strengths.
Most lenders require at least outline planning permission before committing to a Leeds development finance facility. That said, a number of specialist lenders on our panel will consider pre-planning funding for experienced developers with strong track records on viable schemes — useful where the site was acquired off-market and the planning risk is well understood. Leeds City Council’s Local Plan 2040 gives strong policy support in most city-centre zones, which helps the underwriting case.
Mezzanine finance is a second-charge development loan that sits behind the senior facility, allowing Leeds developers to raise total borrowing to 85–90% of project costs. Mezzanine rates are higher than senior debt (typically 10–15% pa) but materially cheaper than JV equity — and they keep you in control of the project. We arrange mezz across the Leeds market alongside senior debt and stretch senior, usually with a single legal pack.
We cover the full Leeds metropolitan district and the wider Leeds City Region, including Leeds City Centre, South Bank, Holbeck, Headingley, Hyde Park, Kirkstall, Chapel Allerton, Roundhay, Horsforth, Beeston, Armley and Morley. Beyond Leeds itself we fund schemes across Wakefield, Bradford, Harrogate and the wider West Yorkshire footprint.
Expect to provide: a detailed scheme appraisal or feasibility study, planning permission (or live application references), costings from your QS or main contractor, a development CV with comparable completed schemes, 12 months’ bank statements, proof of equity contribution, and the professional team contact sheet (architect, QS, solicitor, contractor). For PBSA or hotel schemes, lenders will also want the operator agreement or management model.
A specialist Leeds broker understands what national brokers miss — from Leeds City Council’s policy priorities and Local Plan 2040 allocations to Aire Valley Leeds appetite, Yorkshire-based lender desks, and the realistic price points on city-centre land. With £300M+ arranged and a corporate-banking background, our team has both the relationships and the structuring experience to place your Leeds scheme with the right desk first time.
Next step

Send me your scheme.
Real numbers in 48 hours.

I’ll shortlist three to five lenders, run your deal against their live positions, and come back with structured indicative terms. If the numbers don’t work, I’ll tell you straight — I don’t waste your time or mine.

Get indicative terms0113 321 5050