Worthing, Sussex
Bridging Finance
in Worthing
Expert bridging finance for property developers in Worthing. We connect you with competitive funding from our panel of 100+ lenders.
Worthing, Sussex
Bridging Finance
in Worthing.
Live market data
Worthing
market snapshot.
HM Land Registry sold-price data for Worthing over the last twelve months, alongside the live local planning pipeline. Updated weekly.
- Median price
- £335,000
- Sales (12m)
- 1,254
- YoY change
- -2%
- Pipeline units
- 661
- Pipeline GDV
- £205.8M
Planning pipeline
Planning activity
in Worthing.
3 residential applications awaiting decision
·401 units in pipeline·£134.3M estimated GDVCurrent Applications
| Ref | Proposal | Units | Est. GDV | Status | Date |
|---|---|---|---|---|---|
| AWDM/0845/26 | Application for Approval of Reserved Matters for Phase 3 following hybrid planni… Land South Of West Street And West Of Loose Lane Sompting West Sussex | 278 | £93.1M | Pending | 16/07/2026 |
| AWDM/0628/26 | Full planning application for a mixed-use development comprising 123 dwellings a… Land Between Sword Street And Martlets Way Worthing West Sussex | 123 | £41.2M | Pending | 21/05/2026 |
| AWDM/0614/26 | Application to Vary Condition 1 (Approved Plans) of previously approved AWDM/002… Land East Of Shadwells Road At Mash Barn Estate Mash Barn Lane Lancing West Sussex | - | - | Pending | 19/05/2026 |
Deal intelligence
Key schemes
in Worthing.
Indicative appraisals of the largest residential schemes in the Worthing planning pipeline (all currently awaiting decision). These 2 schemes represent an estimated £141.1M in combined GDV across 401 units, with indicative capital stacks for each.
Major Residential Development Awaiting decision
Land South Of West Street And West Of Loose Lane Sompting West Sussex
£97.8M
Estimated GDV
Units
278
GDV / Unit
£352k
Build Cost (Range)
£42.5M–£53.9M
Residual Land Value
£7.1M
GDV estimated from the HM Land Registry blended median of £335,000 plus a 5% new-build premium (assumed). At benchmark build costs, the implied residual land value is £7,083,000 (£25k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £97.8M |
| Construction (18,904 sqm @ £2,550/sqm mid) | −£48.2M |
| Externals, fees & contingency | −£14.2M |
| Finance (65% LTGDV, 24m) & sales costs | −£11.2M |
| Developer profit target (17.5% on GDV) | −£17.1M |
| Implied residual land value | £7.1M |
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 Awaiting decision
Land Between Sword Street And Martlets Way Worthing West Sussex
£43.3M
Estimated GDV
Units
123
GDV / Unit
£352k
Build Cost (Range)
£18.8M–£23.8M
Residual Land Value
£3.1M
GDV estimated from the HM Land Registry blended median of £335,000 plus a 5% new-build premium (assumed). At benchmark build costs, the implied residual land value is £3,135,000 (£25k/unit) after a 17.5% developer profit target. Calculate GDV
| Gross Development Value | £43.3M |
| Construction (8,364 sqm @ £2,550/sqm mid) | −£21.3M |
| Externals, fees & contingency | −£6.3M |
| Finance (65% LTGDV, 24m) & sales costs | −£5.0M |
| Developer profit target (17.5% on GDV) | −£7.6M |
| Implied residual land value | £3.1M |
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 £335,000 plus a 5% new-build premium (assumed).
- Build cost: £2,250-£2,850/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 Worthing.
1,254 residential transactions in the last twelve months. Median sold price £335,000 (-2% YoY). 10 new-build transactions with a -30.3% premium over existing stock.
Detached
£540,000
Semi-Detached
£385,000
Terraced
£338,750
Flat
£210,000
| Date | Address | Type | Price | Tenure |
|---|---|---|---|---|
| 23 Jun 2026 | 3, THISTLE SPINNEYBN13 3GY | Semi-Detached | £250,000 | Freehold |
| 19 Jun 2026 | 11, SPRINGFIELD GARDENSBN13 2DF | Terraced | £303,000 | Freehold |
| 19 Jun 2026 | FLAT 34, THE COURTYARD, 24 - 26, OFFINGTON LANEBN14 9RT | Flat | £155,000 | Leasehold |
| 19 Jun 2026 | 29, CHATSMORE CRESCENTBN12 5AA | Flat | £235,000 | Freehold |
| 19 Jun 2026 | 11, WINDERMERE CRESCENTBN12 6JY | Detached | £415,000 | Freehold |
| 19 Jun 2026 | FLAT 2, RAYMEDE HOUSE, TARRING ROADBN11 4HD | Flat | £150,000 | Leasehold |
| 19 Jun 2026 | 10, THE ROWANSBN11 5AT | Flat | £317,950 | Leasehold |
| 18 Jun 2026 | 104, SACKVILLE ROADBN14 8BL | Semi-Detached | £371,000 | Freehold |
| 18 Jun 2026 | 15, MARDALE ROADBN13 2AY | Semi-Detached | £468,000 | Freehold |
| 18 Jun 2026 | 42, DURRINGTON GARDENSBN12 6BX | Flat | £190,000 | Leasehold |
Source: HM Land Registry price paid data, 12 months to August 2026 · Adur & Worthing Councils planning register, retrieved August 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 Worthing deals.
Typical pricing for bridging finance in Worthing. 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, Worthing
An indicative appraisal for a nine-unit residential scheme priced at Worthing'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
£3,638,000
Loan Amount
£2,365,000
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 Worthing
— answered.
How active is the development pipeline in Worthing?
The Adur & Worthing Councils planning register currently shows 3 residential applications awaiting decision in Worthing, together proposing 401 units — the largest single scheme proposes 278 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
Worthing Property Market: House Prices, Sold Data & Development Finance, End of H1 2026
Median price £335,000, 1,291 sales, -3.2% YoY. Sussex county.
6 min read
Sussex Property Market: Prices, Trends & Development Finance, End of H1 2026
10 towns analysed. Median price £360,000, 15,724 transactions, -0.5% YoY.
Ready when you are
Tell us the deal.
We’ll recommend the structure.
Submit your Bridging Finance enquiry in Worthing 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
Worthing,
Sussex.
Adjacent products
Other services
in Worthing.
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