ccConstruction Capital

Independent London brokerage. 25+ years of property-finance experience, distilled into one principal.

+44 20 3816 3693matt.lenzie@construction-capital.co.uk

London, United Kingdom

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Construction Capital is an independent commercial finance brokerage arranging funding for UK property developers and investors. Property development finance, commercial bridging and other business-purpose lending are not regulated activities under FSMA 2000 and are not regulated by the Financial Conduct Authority.

Where a product is a regulated activity — for example, bridging secured on a borrower’s main residence — we arrange it through lenders who hold the relevant FCA permissions. We are not an FCA-authorised firm. Every offer is subject to the lender’s underwriting, valuation and legal due diligence.

Construction Capital is a trading name of Lenzie Consulting Ltd, a company registered in England & Wales under company number 08174104. Registered office: Lynch Farm, The Lynch, Kensworth, Dunstable, Bedfordshire LU6 3QZ.

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  5. Bridging Finance

Glastonbury, Somerset

Bridging Finance
in Glastonbury

Expert bridging finance for property developers in Glastonbury. We connect you with competitive funding from our panel of 100+ lenders.

Get bridging finance termsOr call +44 20 3816 3693
Royal Crescent in Bath with green lawn

Glastonbury, Somerset

Bridging Finance
in Glastonbury.

Live market data

Glastonbury
market snapshot.

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

Median price
£285,000
Sales (12m)
236
YoY change
+1.8%
Approved (recent)
346
Pipeline units
1,257
Pipeline GDV
£356.9M

Planning pipeline

Planning activity
in Glastonbury.

346 approved (last 12 months)
·
176 pending
·1,257 units in pipeline·£356.9M estimated GDV·69% approval rate (last 12 months)

Recently Approved

RefProposalUnitsEst. GDVStatusDate
2026/1406/LBC

Part reconstruction of eastern and western rear boundary walls including brickwo…

Natwest Bank 7 High Street Wells Somerset BA5 2AD

--Pending18/09/2026
2026/0052/FUL

Erection of a single storey dwelling

Land At 356960 130759 Honeypot Lane Lydford On Fosse Glastonbury Somerset

--Pending17/09/2026
2026/1312/FUL

Demolition of existing barn and erection of a self build dwelling.

Barn At 359066 And 143807 Jacks Lane Croscombe Shepton Mallet Somerset BA5 3QD

--Pending17/09/2026
2026/1267/FUL

Demolition of workshop and office and creation of 1no self-build dwelling and st…

Bathway Unit 1 Bathway Chewton Mendip Wells Somerset BA3 4NS

1£285,000Pending17/09/2026
2026/1164/FUL

Application for the change of use of land to mixed use agricultural, equestrian …

Oaktree Paddock Whitemill Lane Frome Somerset BA11 4EU

--Pending16/09/2026

Current Applications

RefProposalUnitsEst. GDVStatusDate
2026/1811/PAA

Prior approval for a proposed change of us of silage barn to 8no. dwellinghouses…

Lower Westholme Farm Lower Westholme Road Pilton Shepton Mallet Somerset BA4 4HW

--Pending21/09/2026
2026/1809/APP

Partial approval of condition 1 (Partial Approval 2026/1400/APP) against conditi…

Ston Easton Park Bristol Road Ston Easton Wells Somerset BA3 4DF

--Pending21/09/2026
2026/1808/LBC

Retrospective application for works to repair and re-waterproof the existing sla…

Jackdaw Cottage Kale Street Batcombe Shepton Mallet Somerset BA4 6AB

--Pending18/09/2026
2026/1790/FUL

Partial demolition of stables, relocation of two stables and the erection of a g…

Land At 367977 149770 Brewery Lane Holcombe Shepton Mallet Somerset

--Pending17/09/2026
2026/1786/FUL

Erection of 5no. residential dwellings

Land At 373487 154309 Tyning Hill To Faulkland Faulkland Radstock Somerset

--Pending16/09/2026

Deal intelligence

Key schemes
in Glastonbury.

Indicative appraisals of the largest residential schemes in the Glastonbury planning pipeline (all currently awaiting decision). These 3 schemes represent an estimated £194.5M in combined GDV across 650 units, with indicative capital stacks for each.

Major Residential Development Awaiting decision

Land At 379113 150109 Windsbatch Lane Oldford Frome Somerset

£107.7M

Estimated GDV

Units

360

GDV / Unit

£299k

Build Cost (Range)

£50.2M–£63.6M

Residual Land Value

Tight

GDV estimated from the HM Land Registry blended median of £285,000 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£107.7M
Construction (24,480 sqm @ £2,330/sqm mid)−£57.0M
Externals, fees & contingency−£16.8M
Finance (65% LTGDV, 24m) & sales costs−£12.4M
Developer profit target (17.5% on GDV)−£18.9M
Implied residual land valueMarginal

Indicative Capital Stack

Senior Debt60% (£64.6M)Mezzanine20% (£21.5M)Developer Equity20% (£21.5M)

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.

Get Terms for This Scheme
Appraise this dealSDLT CalculatorS106 / CILBlended Cost
Major Residential Development Awaiting decision

Land South Of Fossefield Road Fosse Way Stratton On The Fosse Shepton Mallet Somerset

£53.9M

Estimated GDV

Units

180

GDV / Unit

£299k

Build Cost (Range)

£25.1M–£31.8M

Residual Land Value

Tight

GDV estimated from the HM Land Registry blended median of £285,000 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£53.9M
Construction (12,240 sqm @ £2,330/sqm mid)−£28.5M
Externals, fees & contingency−£8.4M
Finance (65% LTGDV, 24m) & sales costs−£6.2M
Developer profit target (17.5% on GDV)−£9.4M
Implied residual land valueMarginal

Indicative Capital Stack

Senior Debt60% (£32.3M)Mezzanine20% (£10.8M)Developer Equity20% (£10.8M)

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.

Get Terms for This Scheme
Appraise this dealSDLT CalculatorS106 / CILBlended Cost
Demolition & New Build Awaiting decision

Former Greencore Factory Prestleigh Road Evercreech Shepton Mallet Somerset BA4 6JZ

£32.9M

Estimated GDV

Units

110

GDV / Unit

£299k

Build Cost (Range)

£15.3M–£19.4M

Residual Land Value

Tight

GDV estimated from the HM Land Registry blended median of £285,000 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£32.9M
Construction (7,480 sqm @ £2,330/sqm mid)−£17.4M
Externals, fees & contingency−£5.1M
Finance (65% LTGDV, 24m) & sales costs−£3.8M
Developer profit target (17.5% on GDV)−£5.8M
Implied residual land valueMarginal

Indicative Capital Stack

Senior Debt60% (£19.8M)Mezzanine20% (£6.6M)Developer Equity20% (£6.6M)

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.

Get Terms for This Scheme
Appraise this dealSDLT CalculatorS106 / CILBlended Cost

Appraisal assumptions

  • GDV: HM Land Registry blended median of £285,000 plus a 5% new-build premium (assumed).
  • Build cost: £2,050-£2,600/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.
Submit Your SchemeView full Glastonbury market dataSomerset market report

Land Registry data

Recent property sales
in Glastonbury.

236 residential transactions in the last twelve months. Median sold price £285,000 (+1.8% YoY). 7 new-build transactions with a -1.3% premium over existing stock.

Detached

£450,000

Semi-Detached

£273,500

Terraced

£247,500

Flat

£136,500

DateAddressTypePriceTenure
24 Jul 202633, CAVENDISH LODGE, MAGDALENE STREETBA6 9FDFlat£125,000Leasehold
20 Jul 202665, BOUNDARY WAYBA6 9PHDetached£368,750Freehold
17 Jul 20263, FIELDING PATHBA6 8HASemi-Detached£190,000Freehold
15 Jul 202692, WELLS ROADBA6 9BPDetached£350,000Freehold
13 Jul 20269, DOD LANEBA6 8BZDetached£435,000Freehold
9 Jul 202624, AUSTIN ROADBA6 9BDTerraced£254,500Freehold
1 Jul 202611, BAILY CLOSEBA6 9AUSemi-Detached£270,000Freehold
29 Jun 202613, MONINGTON ROADBA6 8HETerraced£235,000Freehold
29 Jun 202622, CAVENDISH LODGE, MAGDALENE STREETBA6 9FDFlat£125,000Leasehold
26 Jun 20261, AVALON MEWSBA6 8DGFlat£152,500Leasehold

Source: HM Land Registry price paid data, 12 months to September 2026 · Mendip District Council (legacy portal) 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 Glastonbury deals.

Typical pricing for bridging finance in Glastonbury. 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, Glastonbury

An indicative appraisal for a nine-unit residential scheme priced at Glastonbury'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

£2,585,000

Loan Amount

£1,680,000

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 Glastonbury
— answered.

How active is the development pipeline in Glastonbury?
The Mendip District Council (legacy portal) planning register currently shows 176 residential applications awaiting decision in Glastonbury, together proposing 775 units — the largest single scheme proposes 360 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

Glastonbury Property Market: House Prices, Sold Data & Development Finance, Q3 2026 Edition

Median price £285,000, 236 sales, +1.8% YoY. Somerset county.

6 min read

Somerset Property Market: Prices, Trends & Development Finance, Q3 2026 Edition

8 towns analysed. Median price £297,500, 11,197 transactions, -1.3% YoY.

Ready when you are

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

Submit your Bridging Finance enquiry in Glastonbury 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

Where we fund

Glastonbury,
Somerset.

Adjacent products

Other services
in Glastonbury.

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

Adjacent towns
we also fund.

Bath

Taunton

Bridgwater

Yeovil

Frome

Wells

Get Terms020 3816 3693