Development Lending Monitor, Midlands: H1 2026

Development-active lenders took security over Midlands property in 4,389 new facilities during H1 2026, +8.2% against the same period last year. That is 16.4% of all regionally-attributable lending events in the period.

Attribution here is to the property itself, not the borrower's registered office. Most development SPVs are registered at an accountant's or solicitor's address, frequently in London, so registered-office geography badly overstates the capital and understates every other region. The Monitor extracts the charged property's postcode from the legal particulars of each filing instead; 81% of facilities can be located this way.

Quarterly pattern: 2,214 in 2026-Q1, 2,175 in 2026-Q2.

This edition of the Monitor is built from every mortgage and charge registered at Companies House, cross-referenced against a curated set of development-active lenders in three tiers: pure-play development lenders, banks and bridging lenders with substantial development arms, and institutional real estate credit. Lender identities are resolved through their funding-line vehicles and security trustees, so lending through numbered SPVs is captured against the economic lender. No individual lender is named or ranked in this publication; concentration is reported only in aggregate.

Charge data runs to 2026-07-31; satisfaction filings to 2026-08-03. Companies House filings record no loan values (a 2013 reform removed the amount-secured field), so activity is measured in charge registrations and distinct borrower counts, never estimated loan books.

Regional attribution uses the postcode of the charged property, extracted from the legal particulars of each charge, not the borrower's registered office. Property postcodes are recoverable for 81% of ecosystem charges; regional figures are shares of that covered set. Coverage is England and Wales. Any cut with fewer than 30 observations is suppressed rather than published.

Full methodology, definitions and revision policy: Monitor methodology. The underlying aggregates are published as open data on the report page.

A market writing roughly 1,250 secured facilities a week across 35 active lenders is a market with genuine competition for good schemes. Pricing and leverage still vary widely between lenders, which is exactly where whole-of-market advice earns its keep.

Construction Capital arranges development finance, bridging and development exit facilities across the lenders behind these numbers. To discuss a scheme, call +44 20 3816 3693 or start with the deal room.