Wells, Somerset
Bridging Finance
in Wells
Expert bridging finance for property developers in Wells. We connect you with competitive funding from our panel of 100+ lenders.
Wells, Somerset
Bridging Finance
in Wells.
Live market data
Wells
market snapshot.
HM Land Registry sold-price data for Wells over the last twelve months, cross-referenced with local planning pipeline. Updated weekly.
- Median price
- £355,000
- Sales (12m)
- 233
- YoY change
- +7.6%
- Approved (12m)
- 0
- Pipeline units
- 333
- Pipeline GDV
- £117.8M
Planning pipeline
Planning activity
in Wells.
0 approved (12m)
·12 pending
·333 units in pipeline·£117.8M estimated GDV·0% approval rateCurrent Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| 2026/0825/OUT | Application for Outline Planning Permission with some matters reserved for 4x tw… Land At 365815 146981 Fosse Road Stoke St Michael Radstock Somerset | 4 | £1.4M | Pending | 05/05/2026 |
| 2026/0856/FUL | Conversion of existing barn to a dwelling with garden and concealed parking. Land At 347854 151069 New Road Draycott Cheddar Somerset | 1 | £353,750 | Pending | 05/05/2026 |
| 2026/0824/FUL | Proposed alterations to access and erection of one self-build dwelling with gara… Land At 347846 150878 Swans Lane Draycott Cheddar Somerset | 1 | £353,750 | Pending | 01/05/2026 |
| 2026/0817/OUT | Application for Outline Planning Permission with all matters reserved for the er… Land At 356689 132052 High Street West Lydford Somerton Somerset | - | - | Pending | 01/05/2026 |
| 2026/0831/FUL | Erection of 2x Dwellings & Conversion of Part Of Existing Building to 1x Dwellin… Land North Of 21 Silver Street Glastonbury Somerset | 2 | £707,500 | Pending | 29/04/2026 |
Deal intelligence
Key schemes
in Wells.
Financial analysis of the largest approved planning applications in Wells, Somerset. These 3 schemes represent £106.8M in combined GDV across 302 units, with indicative capital stacks for each.
Major Residential Development
Land South Of Fossefield Road Fosse Way Stratton On The Fosse Shepton Mallet Somerset
£63.7M
Estimated GDV
Units
180
GDV / Unit
£354k
Est. Build Cost
£28.7M
Est. Profit on GDV
47.0%
At £354k per unit, this scheme prices 0% below the Wells median of £355,000. Calculate GDV
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.
Major Residential Development
Land At 349724 139873 Common Moor Drove Glastonbury Somerset
£31.8M
Estimated GDV
Units
90
GDV / Unit
£354k
Est. Build Cost
£14.3M
Est. Profit on GDV
47.0%
At £354k per unit, this scheme prices 0% below the Wells median of £355,000. Calculate GDV
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.
Residential Development
Land North Of 55 Sub Road Butleigh Street Somerset
£11.3M
Estimated GDV
Units
32
GDV / Unit
£354k
Est. Build Cost
£5.1M
Est. Profit on GDV
47.0%
At £354k per unit, this scheme prices 0% below the Wells median of £355,000. Calculate GDV
Broker insight: For a 32-unit scheme in Wells, we would typically structure senior debt at 60-65% LTGDV with mezzanine available to reduce equity to as little as 10%. Run an appraisal to model your returns.
Land Registry data
Recent property sales
in Wells.
233 residential transactions in the last twelve months. Median sold price £355,000 (+7.6% YoY)
Detached
£545,000
Semi-Detached
£322,500
Terraced
£315,000
Flat
£196,500
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 19 Mar 2026 | 2, THE CLOISTERSBA5 1SA | Flat | £245,000 | Leasehold |
| 18 Mar 2026 | 17, EBBOR GORGE ROADBA5 1GP | Detached | £362,500 | Freehold |
| 13 Mar 2026 | THE WILLOWSBA5 3ED | Detached | £460,000 | Freehold |
| 13 Mar 2026 | 36, ST THOMAS STREETBA5 2UX | Terraced | £588,800 | Freehold |
| 13 Mar 2026 | 2, NETTLE COMBE HOUSEBA5 3HJ | Flat | £220,000 | Leasehold |
| 12 Mar 2026 | SYCAMORE HOUSE, 2, MOUNTERY CLOSEBA5 2QW | Detached | £780,000 | Freehold |
| 6 Mar 2026 | 3, MANOR FARM COTTAGES, THE GREENBA5 1ED | Terraced | £370,000 | Freehold |
| 6 Mar 2026 | 20, MARY ROADBA5 2NF | Semi-Detached | £440,000 | Freehold |
| 6 Mar 2026 | 2, WELLSWAYBA5 1FR | Terraced | £315,000 | Freehold |
| 2 Mar 2026 | 43, WAND ROADBA5 1RN | Flat | £99,000 | Leasehold |
Indicative terms
Bridging Finance rates
for Wells deals.
Typical pricing for bridging finance in Wells. 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.
Development Project in Wells
A property development project in Wells requiring structured finance.
GDV
£3,000,000
Loan Amount
£2,000,000
LTV
65% LTGDV
Loan Type
Development Finance
Representative only. Actual terms vary based on scheme specifics and are issued after underwriting.
Common questions
Bridging Finance in Wells
— answered.
Market intelligence
Local market
reports.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging Finance enquiry in Wells 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
Wells,
Somerset.
Adjacent products
Other services
in Wells.
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