Mezzanine finance (“Mezz”) provides developers with a second layer of debt funding to increase the leverage on a particular development project or, indeed, any other type of real estate asset. Mezz is typically blended with low cost senior debt – this formula can be a lower cost alternative to stretch senior debt and improves cost transparency.

By definition, Mezz is subordinated debt, typically second charge, ranking behind the senior debt. Mezz is normally deployed ahead of senior and gets repaid after the senior is redeemed.

Our mezzanine loans are all structured as bespoke transactions with our usual pragmatic, flexible approach. We place great emphasis on the principle of “yes means yes” and we recognise that developers need a finance partner which knows what it is doing, is strong, consistent and committed to the relationship.

Our mezzanine finance offering includes:

  • New builds
  • Land with planning permission
  • Heavy refurbishment / extensions
  • Commercial to residential conversions
  • Purpose built student accommodation

    Normal lending limits

  • Up to 75% loan to gross development value
  • Up to 90% loan to cost
  • £1m to £5m commitment per project
  • Developments from £5m to £50m

    What gives us the edge?

  • Specialised and expert team
  • Fast, reliable decision making
  • Bespoke pricing
  • Pragmatic and flexible approach
  • No geographical limitations within England & Wales

If you have an enquiry, please email structuredfinance@castletrust.co.uk
We will endeavour to respond to your enquiry within two working days.

Mezzanine Finance
Your property may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

Loans are subject to status, terms and conditions. This website is for information purposes only. If you are in any doubt regarding suitability of our products please seek advice from an accredited independent mortgage adviser.

Castle Trust is the trading name of Castle Trust Capital plc, company number 07454474 and Castle Trust Capital Management Limited, company number 07504954. Each firm is authorised and regulated by the Financial Conduct Authority. Registered office: 10 Norwich Street, London, EC4A 1BD. Registered in England and Wales.

This website is for authorised intermediaries only. This information has not been approved for use with customers and is not intended for public or customer use. Please confirm that you are an intermediary before accessing information on this website.

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