71
New development charges, 12 months to June 2026 (+121.9%)
Development exit report · H1 2026
Greenwich Development Exit Report, H1 2026
Who is lending to developers in Greenwich, how many schemes are exiting their development loans, and how quickly new homes are selling. Built from Companies House charges, Land Registry sales and council planning data.
8
Development loans filed as repaid, same 12 months
55.7%
Live development book over 24 months old (60.6% nationally)
288
New-build sales, latest settled 12 months (-1.7%)
Written and reviewed by Matt Lenzie Founder & Principal Broker · 25 years arranging development finance · Reviewed September 2026
In short
In Greenwich, new development lending rose 121.9% to 71 charges, the sharpest change of any signal we track for the borough. Meanwhile development loans filed as repaid fell 46.7% to 8. Of the 228 development charges still live in Greenwich at 30 June, 55.7% had been running for more than 24 months, fewer than the national average. 495 residential approvals over the latest 12 months set up the pipeline that will need refinancing next.
Scorecard
Greenwich at a glance
How each signal moved over the year, measured the same way for every location we report on.
| Signal | Greenwich | Change | Basis | Direction |
|---|---|---|---|---|
| New development charges | 71 | +121.9% | 12 months to June 2026 vs the 12 months before | Up |
| Development charges satisfied (exits filed) | 8 | -46.7% | 12 months to June 2026 vs the 12 months before; recent filings provisional | Down |
| Exit-type lending to developers | 10 | n/a | bridging, specialist-bank and private-credit charges on development companies | Not published |
| Live development book over 24 months old | 55.7% | -4.9 pts | at 30 June 2026, compared with 60.6% across England and Wales | Below national |
| New-build sales registered | 288 | -1.7% | settled 12 months (registration lag allowed for) vs the 12 months before | Flat |
| New developer and property companies | 330 | -7.8% | SIC 41100, 41202, 68100 by registered office; live register only | Down |
Companies House · development lending
Development lending and exits in Greenwich
Over the 12 months to 30 June 2026, 45 development companies in Greenwich gave security to development lenders, 71 charges in all. The year before it was 32 (+121.9%).
Repayments ran at 8 over the same 12 months. That is a repayment ratio of 0.11, below the national 0.4, so more debt is going on than coming off.
A charge is the security a lender registers at Companies House. It shows that a loan was taken and when it was repaid (satisfied), not how much was lent. Repayments are filed late, so the latest six months are provisional.
New development chargesSatisfied (loan repaid)
Companies House charge register, Construction Capital analysis
Companies House · exit-type lending
Bridging and specialist lending to Greenwich developers
The exit and refinance market in Greenwich registered 10 charges on development companies over the latest year, from 6.
Specialist and challenger banks held the largest number, 9. The first half of 2026 alone brought 5, against 4 in the first half of 2025.
Exit-type lending counts charges registered by bridging lenders, specialist banks and private credit funds against companies whose registered business is developing buildings (SIC 41100 or 41202). It is the market that refinances development debt at completion and funds the sales period.
Companies House charge register, Construction Capital analysis
Companies House · lender categories
Who is lending in Greenwich
Of 600 property charges in Greenwich we could match to a lender type, 92.7% sat with specialist lenders (national: 88.4%). A 4 point tilt towards specialist lenders.
Lenders are grouped by category from the Construction Capital lender register and never named.
Specialist and challenger banksBridging lendersHigh-street banksDevelopment lenders, funds and other
Companies House charge register, Construction Capital analysis
Land Registry · sales
How quickly new homes are selling
New-build completions registered in Greenwich came to 288 over the latest settled year (to July 2025), down 1.7% from 293. A new-build share of 9.4%; England and Wales ran at 8.3%.
The new-build premium was 14.4% on flats (£451,850 median) and 54.6% on houses (£833,300).
Across the whole market, 2,596 homes changed hands in the 12 months to January 2026, down 11.1% on the year before.
Land Registry registers new-build plot sales up to a year after completion, so new-build figures use the latest settled 12 months. Prices are transaction-sample medians, not a like-for-like index.
HM Land Registry Price Paid Data, Construction Capital analysis
Planning · pipeline
The next wave of schemes needing an exit
Between 20 September 2025 and 20 September 2026, 495 residential applications were approved (339 other relevant, 88 change of use, 33 prior approval) and 212 awaited a decision.
Where an approval states units (76 of them), they add up to at least 97 homes.
Residential applications from council planning portals over each council's latest 12-month window. Unit counts are only stated on some applications, so unit totals are a floor.
| Largest approved schemes (stated units) | Units | Type | Decided |
|---|---|---|---|
| 35-37 Market Street, London, Se18 6qp | 6 | prior approval | 2026-09-07 |
Companies House · registrations
New developer companies
New single-purpose companies are where most schemes start. Greenwich added 330 in the year to June 2026, down 7.8% on the prior year, 134 of them developers.
The first six months of 2026 saw 166 (213 in the same months of 2025).
Companies registered with SIC 41100, 41202 or 68100, placed by registered office. The register lists live companies only, so earlier periods lose companies since dissolved.
Benchmark
Greenwich against England and Wales
| Measure | Greenwich | Change | England and Wales | Change |
|---|---|---|---|---|
| New development charges, 12 months | 71 | +121.9% | 9,544 | +11.7% |
| Development charges satisfied, 12 months | 8 | -46.7% | 3,785 | +21.1% |
| Live development book at 30 June 2026 | 228 | 41,855 | ||
| Share of live book over 24 months old | 55.7% | 60.6% | ||
| Exit-type lending to developers, 12 months | 10 | n/a | 5,241 | +3.4% |
| New-build sales, settled 12 months | 288 | -1.7% | 68,506 | -6.1% |
| New-build share of sales, settled 12 months | 9.4% | 8.3% | ||
| New developer and property companies, 12 months | 330 | -7.8% | 61,275 | +7% |
What it means
What this means for developers exiting in Greenwich
1 signal rose in Greenwich (new development lending) and 2 fell (loan repayments, new companies).
The local book is younger than the national one, pointing to newer schemes and fewer overruns. Here the exit question is about planning the refinance before completion, not rescuing late schemes.
Terms depend on the scheme, the sales evidence and the developer, and no finance is guaranteed. We are a finance broker, not a lender. Development exit finance for companies is unregulated lending.
Read how a development exit loan is sized, or compare the national picture in the Development Exit Demand Tracker.
Methodology and sources
Companies House charges (security instruments, not loans: no amounts, LTVs or rates). Development lending = charges held by specialist development lenders, or by development-active mixed lenders where the borrower carries SIC 41100/41202, the charge wording names development land or a site, or the borrower is a newly incorporated (within 12 months) SIC 68100 company with no buy-to-let SIC (the same rule as the national Development Exit Demand Tracker). Exit-type lending to developers = charges registered by bridging, specialist-bank and private-credit (funder) lenders against companies carrying SIC 41100/41202. A charge is placed by its charged-property postcode, or failing that the borrower's registered office. 'Satisfied' is the filed repayment of a charge: the exit. Exit refinance events are new charges registered on the same title after a specialist development lender's charge was repaid or released (charge stacks, same-group and same-company pairs excluded). Satisfactions are filed late, so the most recent six months are provisional and will rise. Lender categories come from the Construction Capital lender register; lenders are never named.
Land Registry registers new-build plot sales up to a year after completion, so new-build counts, shares and premiums are read only over the settled 12 months ending a year before the data vintage (settled12m) and compared with the 12 months before that. New-build figures in the most recent windows are incomplete and are not used for any headline. HMLR Price Paid, standard (category A) residential sales (detached, semi, terraced, flat) in the location's local authorities. New-build premium compares the median new-build price with the median existing-stock price within flats and within houses; it is a transaction-sample median, not a constant-quality index. Registrations lag completions by weeks to months, so the most recent months (and new-build plots especially) understate final counts; trailing-12-month figures are the steadier read.
Residential planning applications (new build, conversion, prior approval, mixed use, HMO, demolition and rebuild) from the Construction Capital council-portal scrapes, one record set per authority, over each council's rolling 12-month scrape window. Unit counts are stated only on some applications, so totals undercount. Councils not yet scraped are listed as missing, never estimated.
New companies with SIC 41100, 41202 or 68100 by registered-office postcode. The register snapshot holds live companies only, so earlier windows lose companies since dissolved; read year-on-year change as indicative.
Data vintage: charges registered to 2026-07-31, satisfactions filed to 2026-08-03, company register snapshot 2026-08-01, Land Registry transactions to 2026-07-31. Area covered: Greenwich (local authority boundaries). Minimum sample 30. 15 cuts suppressed for sample size.
Sources: Companies House charge register, Construction Capital analysis; HM Land Registry Price Paid Data, Construction Capital analysis; Council planning portals, Construction Capital planning scrape. Contains HM Land Registry data © Crown copyright and database right 2026, licensed under the Open Government Licence v3.0. Companies House data is public and reused under the Open Government Licence.
You are welcome to cite or chart these figures with a link to this page.
FAQ
Development exit in Greenwich: common questions
Is development lending rising in Greenwich?
Yes: 71 new development charges in the year to June 2026, +121.9% on the previous 12 months, according to the Companies House charge register.
How old are development loans in Greenwich?
55.7% of the 228 development charges live in Greenwich at the end of June 2026 had been in place for over two years, against 60.6% nationally.
What is development exit finance?
A short-term loan taken at or near practical completion. It repays the development lender and funds the sales or letting period, often at a lower rate than the development loan it replaces, and can release equity for the next scheme. Our development exit finance page covers how it is sized and priced.
Where does this data come from?
Companies House charges and company registrations, HM Land Registry Price Paid Data and council planning portals, all analysed by Construction Capital. Figures below the minimum sample of 30 are suppressed, and lenders are grouped into categories rather than named.
Completing a scheme in Greenwich?
Send us the scheme, the current facility and the sales position and we will give a view on the exit options and indicative terms.