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Greater London

City of London
development finance.

Expert property development finance in City of London, Greater London. Median price £770,000, 187 annual sales. We connect developers with competitive funding from 100+ lenders.

Start a City of London dealOr call +44 20 3816 3693
Median price
£770k
Sales (12m)
187
YoY change
-14%
Aerial photography of London skyline during daytime

Property finance
in City of London.

City of London - square Mile where a constrained pipeline of office-to-residential conversions commands super-prime values. With a median property price of £770,000 and 187 transactions in the last twelve months, City of London represents a focused market with prices down 14% year-on-year.

Whether you need development finance for a ground-up scheme, bridging finance to secure a site at auction, or mezzanine finance to stretch your capital stack, our brokers arrange the full range of property finance across City of London and the wider Greater London area. Each deal is structured around your specific project, with terms negotiated from our panel of over 100 lenders.

City of London Property Market ReportGreater London County Market Report

The capital stack

Seven funding routes for
every City of London scheme.

Senior debt, mezzanine, bridging, equity, refurbishment, commercial mortgages and exit finance — arranged for City of London developers on the deal, not the product sheet.

Development Finance

Senior debt funding for ground-up residential and commercial developments.

From 6.5% p.a.Up to 65-70% LTGDV
Development Finance in City of London

Mezzanine Finance

Stretch your capital stack beyond senior debt to reduce equity requirements.

From 12% p.a.Up to 85-90% LTGDV
Mezzanine Finance in City of London

Bridging Loans

Short-term finance for acquisitions, auction purchases and time-sensitive deals.

From 0.55% p.m.Up to 75% LTV
Bridging Loans in City of London

Equity & Joint Ventures

Equity partnerships and JV structures for developers seeking capital partners.

Profit share from 40%Up to 100% of costs
Equity & Joint Ventures in City of London

Refurbishment Finance

Funding for light and heavy refurbishment projects including conversions.

From 0.65% p.m.Up to 75% LTV
Refurbishment Finance in City of London

Commercial Mortgages

Long-term finance for commercial property acquisition and refinancing.

From 5.5% p.a.Up to 75% LTV
Commercial Mortgages in City of London

Development Exit Finance

Short-term funding to repay development finance while you sell completed units.

From 0.55% p.m.Up to 75% LTV
Development Exit Finance in City of London

Live market data

City of London
market snapshot.

HM Land Registry sold-price data for City of London over the last twelve months, alongside the live local planning pipeline. Updated weekly.

Median price
£770,000
Sales (12m)
187
YoY change
-14%
Approved (recent)
7
Pipeline units
7
Pipeline GDV
£5.3M

City of London development appraisal

Model the numbers
for your scheme.

Pre-populated with City of London median prices and typical senior-debt pricing. Adjust the inputs to match your deal and we will hand the working assumptions through to the Deal Room.

Scheme Inputs

Pre-populated with City of London median prices. Adjust to match your scheme.

£
£
£
%

Build cost pre-filled at £2,950/sqm (regional benchmark) for a 4-unit scheme. Assumes 10% professional fees, 10% contingency, 65% LTGDV senior debt, 18-month term. Full calculator →

Capital Structure

Total Cost£2,326,200
Senior Debt (65% LTGDV)£2,102,100
Equity Required£224,100
Interest (18m)£236,486
Profit on Cost26.2%
Senior Debt£2,102,100
Equity£224,100
Get Terms for This Scheme

Land Registry data

Recent property sales
in City of London.

187 residential transactions in the last twelve months. Median sold price £770,000 (-14% YoY). 3 new-build transactions with a +28.1% premium over existing stock.

Flat

£725,000

DateAddressTypePrice
24 Aug 2026FLAT 45, 28, BARTHOLOMEW CLOSEEC1A 7ESFlat£770,000
12 Aug 2026803, FROBISHER CRESCENTEC2Y 8HDFlat£510,000
12 Aug 2026MILES PRESTON & CO, 10, BOLT COURTEC4A 3DQOther£2,075,000
7 Aug 2026FLAT 1, 64, WEST SMITHFIELDEC1A 9DYFlat£600,000
31 Jul 2026FLAT 36, SPEED HOUSE, BARBICANEC2Y 8ATFlat£770,000
22 Jul 2026FLAT 5, 24, BRIDE LANEEC4Y 8DTFlat£598,500
22 Jul 2026FLAT 312, WILLOUGHBY HOUSE, BARBICANEC2Y 8BLFlat£825,000
16 Jul 2026FLAT 519, WILLOUGHBY HOUSE, BARBICANEC2Y 8BNFlat£1,100,000
16 Jul 2026GROUND FLOOR PREMISES, ST MARY ABCHURCH HOUSE, 123 - 127, CANNON STREETEC4N 5AUOther£70,000
7 Jul 2026FLAT 42, 28, BARTHOLOMEW CLOSEEC1A 7ESFlat£410,000

Planning pipeline

Planning activity
in City of London.

7 approved (last 15 months)
·
2 pending
·7 units in pipeline·£5.3M estimated GDV·78% approval rate (last 15 months)

Recently Approved

RefProposalUnitsEst. GDVStatus
26/00410/FULL

Works comprising: (i) Change of use of the from offices (Class E(g)(iii)) to a s…

Near EC4V 5AH

1£770,000Pending
25/01339/FULL

Change of use of the Ground Floor North from Office (Use Class E (g) (i)) to res…

Near EC4Y 9AT

--Pending
25/01371/FULL

Erection of a roof extension and partial change of use from Office (Class E) to …

Near EC1A 7HZ

1£770,000Pending
25/01329/FULL

Change of use from Office (Use Class E (g) (i)) to residential use (Use Class C3…

Near EC4Y 7BL

--Pending
25/01408/FULL

Change of use of 5 Pump Court First Floor South, currently classified as E(g)(i)…

Near EC4Y 7AP

1£770,000Pending

Current Applications

RefProposalUnitsEst. GDVStatus
26/00865/FULL

Extensions and alterations to the rear and interior of the existing office build…

Near EC1A 7HU

3£2.2MPending
25/01803/fulmaj

demolition of the existing office building (class e) and construction of a groun…

0-Pending

Source: HM Land Registry price paid data, 12 months to October 2026 · City of London planning register, retrieved October 2026. Contains HM Land Registry data © Crown copyright and database right, licensed under the Open Government Licence v3.0.

Common questions

Property finance in City of London
— answered.

What is the average property price in City of London?
The median property price in City of London is £770,000, based on Land Registry transactions over the past 12 months.
Is City of London a good area for property development?
City of London recorded 187 property transactions in the last 12 months, with prices adjusting 14% year-on-year - creating potential value opportunities for developers. Square Mile where a constrained pipeline of office-to-residential conversions commands super-prime values. Active transaction volumes indicate a liquid market where completed developments can achieve timely sales.
What types of property finance are available in City of London?
We arrange the full range of property development finance in City of London: development finance for ground-up schemes, bridging loans for auction purchases and chain breaks, mezzanine finance to stretch your capital stack, refurbishment finance for conversion projects, commercial mortgages for income-producing assets, equity and joint ventures for larger schemes, and development exit finance for completed projects awaiting sales.
How do I apply for development finance in City of London?
Start by submitting your deal through our Deal Room with your project details - site address, purchase price, build costs, and expected end value. Our team will review your scheme, model the funding structure, and present you with terms from our panel of over 100 lenders within 48 hours. There's no upfront fee and no obligation until you choose to proceed.
What are typical development finance rates in City of London?
Development finance rates for City of London projects typically range from 7-11% per annum, depending on scheme size, developer experience, and leverage. For a scheme with a GDV of around £3.1M, you could expect senior debt at 60-70% of GDV with rates from 7.5%. Arrangement fees are usually 1-2% of the facility. We negotiate the best available terms from our lender panel for each deal.

Expert guides

Further reading
on development finance.

Bridge First, Then Development Finance: When Bridging Comes First

6 min read read

Mezzanine vs Equity Funding: Control, Risk and Exit Compared

6 min read read

Bank vs Specialist Development Finance: Pros, Cons and When to Use Each

5 min read read

Senior Debt vs Mezzanine Finance: How They Work Together in Your Capital Stack

4 min read read
View all guides

Indicative structures

How consented schemes
in Greater London stack up.

Recently consented schemes in Greater London, modelled at 70% LTGDV with GDV estimated from local Land Registry sold prices. Indicative only: not offers of finance and not completed transactions.

Office to residential

7 homes, Kingston

Change of use of ground and first-floor offices to seven flats.

Est. GDV
£3.7M
Senior debt
£2.6M

Upward extension (prior approval)

12 homes, Enfield

Two additional storeys on an existing building, creating twelve flats.

Est. GDV
£3.6M
Senior debt
£2.5M

Office to residential

6 homes, Bexley

Change of use of an office building to six flats, with a rear extension.

Est. GDV
£2.5M
Senior debt
£1.8M
View all indicative schemes

Where we fund

City of London,
Greater London.

Nearby markets

Adjacent towns
we also fund.

Croydon

Median · £415,000

South London's largest regeneration programme with over 10,000 new homes planned in the town centre

Barking

Median · £380,000

East London regeneration hub anchored by Barking Riverside - one of Europe's largest brownfield developments

Woolwich

Median · £450,000

Elizabeth Line connectivity driving residential demand along the Royal Arsenal Waterfront

Ealing

Median · £515,000

West London beneficiary of Crossrail with strong family housing demand and conservation area opportunities

Stratford

Median · £430,000

Olympic legacy area with continued institutional investment and strong transport connectivity

Lewisham

Median · £450,000

Bakerloo line extension target area with significant council-led regeneration plans

Ready when you are

Tell us the deal.
We’ll recommend the structure.

Submit your development finance enquiry in City of London 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.

Enter the Deal RoomOr call +44 20 3816 3693