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Hull, East Riding of Yorkshire
Bridging Finance
in Hull
Expert bridging finance for property developers in Hull. We connect you with competitive funding from our panel of 100+ lenders.
Hull, East Riding of Yorkshire
Bridging Finance
in Hull.
Live market data
Hull
market snapshot.
HM Land Registry sold-price data for Hull over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £130,000
- Sales (12m)
- 3,966
- YoY change
- Flat
- Approved (recent)
- 82
- Pipeline units
- 742
- Pipeline GDV
- £85.7M
Planning pipeline
Planning activity
in Hull.
82 approved (last 12 months)
·51 pending
·742 units in pipeline·£85.7M estimated GDV·92% approval rate (last 12 months)Recently Approved
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 25/00895/LBC | Listed Building Consent application for: Installation of blue plaque to front el… 10 King Street Kingston Upon Hull HU1 2JJ | - | - | Pending | 29/09/2025 |
| 25/01003/PCOU | Change of Use from offices to 3 x flats (Use Class MA of The Town and Country Pl… 35 Beverley Road Kingston Upon Hull HU3 1XH | 3 | £233,250 | Pending | 28/10/2025 |
| 25/00994/LBC | Listed Building Consent application for:- Roof Repair City Exchange Lowgate Kingston Upon Hull HU1 1AA | - | - | Approved | 23/10/2025 |
| 25/00981/LBC | Listed Building Consent for internal alterations involving installation of inter… 10 - 11 Bishop Lane Kingston Upon Hull HU1 1PA | - | - | Approved | 21/10/2025 |
| 25/00978/FULL | Change of use from 6x serviced flats to form care home for young people (Class C… 1123 Hessle Road Kingston Upon Hull HU4 6SB | 6 | £466,500 | Pending | 20/10/2025 |
Current Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 26/00922/LBC | Listed Building Consent application for the repair of a ceiling within Wilberfor… Wilberforce House Museum 23 - 25 High Street Kingston Upon Hull HU1 1NE | - | - | Pending | 22/09/2026 |
| 26/00891/COU | Change of use from teaching use to tattoo studio (part of first floor). 5 Merrick Street Kingston Upon Hull HU9 1NF | - | - | Pending | 10/09/2026 |
| 26/00856/FULL | Rebuilding and reinstatement of fire-damaged property to provide a 6 bedroom HMO… 2 Ash Grove Beverley Road Kingston Upon Hull HU5 1LU | - | - | Pending | 04/09/2026 |
| 26/00852/FULL | Change of use of dwelling (Use Class C3) to a small residential childrens care h… 6 Impala Way Kingston Upon Hull HU4 6UE | 1 | £130,000 | Pending | 02/09/2026 |
| 26/00782/COU | Change of use from C4 (6 bed HMO) to 7 person HMO (Sui generis use) 15 Pendrill Street Kingston Upon Hull HU3 1UU | - | - | Pending | 11/08/2026 |
Deal intelligence
Key schemes
in Hull.
Indicative appraisals of the largest residential schemes in the Hull planning pipeline (all currently awaiting decision). These 3 schemes represent an estimated £45.8M in combined GDV across 412 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Land To South Of Preston Road Kingston Upon Hull
£16.2M
Estimated GDV
Units
119
GDV / Unit
£137k
Build Cost (Range)
£14.6M–£18.6M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £130,000 plus a 5% new-build premium (assumed). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £16.2M |
| Construction (8,092 sqm @ £2,050/sqm mid) | −£16.6M |
| Externals, fees & contingency | −£4.9M |
| Finance (65% LTGDV, 24m) & sales costs | −£1.9M |
| Developer profit target (17.5% on GDV) | −£2.8M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Demolition & New Build Awaiting decision
Land To The West Of Tower Street And St Peter's Street, South-west Of Great Union Street
£15.7M
Estimated GDV
Units
115
GDV / Unit
£137k
Build Cost (Range)
£14.1M–£18.0M
Residual Land Value
Tight
GDV estimated from the HM Land Registry blended median of £130,000 plus a 5% new-build premium (assumed). At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £15.7M |
| Construction (7,820 sqm @ £2,050/sqm mid) | −£16.0M |
| Externals, fees & contingency | −£4.7M |
| Finance (65% LTGDV, 24m) & sales costs | −£1.8M |
| Developer profit target (17.5% on GDV) | −£2.7M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Permitted Development Conversion Awaiting decision
Former Debenhams Store 36 Prospect Street Kingston Upon Hull
£13.8M
Estimated GDV
Units
178
GDV / Unit
£78k
Build Cost (Range)
£12.6M–£16.0M
Residual Land Value
Tight
GDV estimated from the HM Land Registry flat median of £77,750. At benchmark build costs and a 17.5% profit target, viability is tight - land would need to be secured well below prevailing values for this scheme to appraise. Calculate GDV
| Gross Development Value | £13.8M |
| Construction (11,214 sqm @ £1,270/sqm mid) | −£14.2M |
| Externals, fees & contingency | −£4.3M |
| Finance (65% LTGDV, 24m) & sales costs | −£1.6M |
| Developer profit target (17.5% on GDV) | −£2.4M |
| Implied residual land value | Marginal |
Broker insight: A scheme of this scale would typically attract competitive senior development finance at 60-65% LTGDV with mezzanine stretching to 85% LTGDV. Phased drawdowns reduce interest costs. Consider development exit finance to manage sales at your pace.
Appraisal assumptions
- GDV: HM Land Registry blended median of £130,000 plus a 5% new-build premium (assumed).
- Build cost: £1,800-£2,300/sqm (new build, indicative range informed by BCIS regional tender-price data, 2025/26) × 68 sqm/unit (NDSS-derived).
- On-costs: externals 12.5%, professional fees 10%, contingency 5%, sales & legals 3.5000000000000004% of GDV. Excludes CIL/Section 106, which vary by charging schedule and scheme.
- Finance: senior facility at 65% LTGDV, 8.5% pa on an average 57.49999999999999% drawdown over 24 months, plus 2.5% arrangement and exit fees.
- Residual land value assumes the industry-standard 17.5% developer profit-on-GDV target. Indicative appraisal, not a valuation or lending offer.
Land Registry data
Recent property sales
in Hull.
3,966 residential transactions in the last twelve months. Median sold price £130,000. 147 new-build transactions with a +66.7% premium over existing stock.
Detached
£246,995
Semi-Detached
£163,500
Terraced
£116,500
Flat
£77,750
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 30 Jul 2026 | 67, WELLESLEY AVENUEHU6 7LN | Terraced | £200,000 | Freehold |
| 29 Jul 2026 | 30, BATTERSEA PARKHU8 0AP | Terraced | £218,000 | Freehold |
| 28 Jul 2026 | APARTMENT 14 OLDROYD HOUSE, THE OLD SCHOOL, REYNOLDSON STREETHU5 3FB | Flat | £120,000 | Leasehold |
| 27 Jul 2026 | 32, WEIGHTON GROVEHU6 8ND | Terraced | £84,500 | Freehold |
| 27 Jul 2026 | 40, RIDGESTONE AVENUEHU11 4AH | Semi-Detached | £195,000 | Freehold |
| 27 Jul 2026 | 113, WAUDBY WAYHU9 4DG | Semi-Detached | £174,250 | Freehold |
| 26 Jul 2026 | 25, HEMBLE WAYHU7 3ET | Semi-Detached | £151,500 | Freehold |
| 24 Jul 2026 | 5, THE PADDOCKHU4 6XU | Terraced | £200,000 | Freehold |
| 24 Jul 2026 | 232, TILBURY ROADHU4 7EN | Terraced | £115,000 | Freehold |
| 24 Jul 2026 | 4, HYDE PARK ROADHU7 3AW | Detached | £280,000 | Freehold |
Source: HM Land Registry price paid data, 12 months to September 2026 · Hull City Council planning register, retrieved September 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.
Indicative terms
Bridging Finance rates
for Hull deals.
Typical pricing for bridging finance in Hull. Actual terms depend on GDV, leverage, location and your experience — the numbers below are where most structured deals land.
Interest Rate
From 6.5% p.a.
Loan to Value
Up to 70% LTGDV
Typical Term
12-24 months
Arrangement Fee
1-2% of facility
Indicative only, subject to individual assessment. Actual terms issued against a completed Deal Room submission.
Representative deal
Example bridging finance
structure.
Illustrative 9-Unit Scheme, Hull
An indicative appraisal for a nine-unit residential scheme priced at Hull's own HM Land Registry medians with the locally measured new-build premium applied. Build costs use the regional £/sqm benchmark; every figure updates with the underlying market data.
GDV
£1,545,000
Loan Amount
£1,004,000
LTV
65% LTGDV
Loan Type
Bridging Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Hull
— answered.
How active is the development pipeline in Hull?
The Hull City Council planning register currently shows 51 residential applications awaiting decision in Hull, together proposing 402 units — the largest single scheme proposes 119 units. An active pipeline signals both developer confidence in local demand and lender familiarity with the market, which typically translates into more competitive finance terms.
Market intelligence
Local market
reports.
5 min read
Hull Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition
Median price £130,000, 3,966 sales, 0% YoY. East Riding of Yorkshire county.
6 min read
East Riding of Yorkshire Property Market: Prices, Trends & Development Finance, Q3 2026 Edition
6 towns analysed. Median price £192,500, 7,511 transactions, -1% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging Finance enquiry in Hull and a partner will come back with an initial structure and indicative terms within one working day. No forms-for-forms’-sake — a short note on the scheme is enough.
Where we fund
Hull,
East Riding of Yorkshire.
Adjacent products
Other services
in Hull.
Development Finance
From 6.5% p.a. · Up to 65-70% LTGDV
Mezzanine Finance
From 12% p.a. · Up to 85-90% LTGDV
Bridging Loans
From 0.55% p.m. · Up to 75% LTV
Equity & Joint Ventures
Profit share from 40% · Up to 100% of costs
Refurbishment Finance
From 0.65% p.m. · Up to 75% LTV
Commercial Mortgages
From 5.5% p.a. · Up to 75% LTV
Development Exit Finance
From 0.55% p.m. · Up to 75% LTV
Nearby markets