29
New development charges, 12 months to June 2026 (-50%)
Development exit report · H1 2026
Southwark Development Exit Report, H1 2026
Who is lending to developers in Southwark, 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.
20
Development loans filed as repaid, same 12 months
69.2%
Live development book over 24 months old (60.6% nationally)
147
New-build sales, latest settled 12 months (-49.5%)
Written and reviewed by Matt Lenzie Founder & Principal Broker · 25 years arranging development finance · Reviewed September 2026
In short
Start with this: in the 12 months to June 2026, bridging and specialist lending to development companies dropped 52.9% to 16 charges across Southwark. Next largest, new development lending dropped 50% to 29 charges. The age of the local development book stands out: 69.2% of live charges are older than two years, against 60.6% for England and Wales. 88 residential approvals over the latest 12 months set up the pipeline that will need refinancing next.
Southwark is a small market on the charge register (fewer than 30 new development charges in the year), so percentages built on those charges are suppressed. The counts are published as they stand.
Scorecard
Southwark at a glance
How each signal moved over the year, measured the same way for every location we report on.
| Signal | Southwark | Change | Basis | Direction |
|---|---|---|---|---|
| New development charges | 29 | -50% | 12 months to June 2026 vs the 12 months before | Down |
| Development charges satisfied (exits filed) | 20 | +5.3% | 12 months to June 2026 vs the 12 months before; recent filings provisional | Up |
| Exit-type lending to developers | 16 | -52.9% | bridging, specialist-bank and private-credit charges on development companies | Down |
| Live development book over 24 months old | 69.2% | +8.6 pts | at 30 June 2026, compared with 60.6% across England and Wales | Above national |
| New-build sales registered | 147 | -49.5% | settled 12 months (registration lag allowed for) vs the 12 months before | Down |
| New developer and property companies | 248 | -5.3% | SIC 41100, 41202, 68100 by registered office; live register only | Down |
Companies House · development lending
Development lending and exits in Southwark
The register shows 29 new development charges in Southwark across the 12 months to June 2026, down 50% on the prior 12 months, spread over 19 borrowers.
Set against that, 20 development charges were satisfied (repaid) in the same year. The sample is too small to express as a ratio.
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 Southwark developers
Bridging lenders, specialist banks and funds took 16 charges over Southwark development companies in the year to June 2026 (-52.9% on the 34 of the year before).
Most came from bridging lenders (10). Comparing half-years, 7 in H1 2026 against 11 in H1 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 Southwark
Across all 773 charges registered against property in Southwark over the year, specialist lenders held 89.0% of those we can match to a lender type, against 88.4% nationally. The local market leans on specialist capital about as much as the country does.
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
The settled Land Registry year to July 2025 shows 147 new homes sold in Southwark, compared with 291 in the year before. A new-build share of 4.4%; England and Wales ran at 8.3%.
New-build flats sold at a median £507,500, 9.1% above existing flats.
Total sales, read over the settled year to January 2026 so late registrations do not distort the change: 3,111 (+1.4%).
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
London Borough of Southwark approved 88 residential applications between 20 September 2025 and 20 September 2026, with 72 still pending. By type: 50 new build, 25 conversion, 10 other residential.
Where an approval states units (41 of them), they add up to at least 623 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 |
|---|---|---|---|
| Skipton House 80 London Road London Southwark Se1 6lh | 243 | other residential | 2026-09-08 |
| Rich Industrial Estate Crimscott Street And Willow Walk London Southwark Se1 5te | 183 | new build | 2026-04-09 |
| Hall And Co Ltd Jewson Site Railway Rise London Southwark Se22 | 53 | new build | 2026-01-01 |
| Elim Estate Weston Street London Southwark Se1 4da | 34 | new build | 2026-03-19 |
| Aylesbury Estate Site Phase 2b Land Bounded By Thurlow Street And Albany Road And Kinglake Street And Bagshot Street London Southwark Se17 And Se5 | 26 | other residential | 2026-04-29 |
Companies House · registrations
New developer companies
248 new development and property companies registered in Southwark in the year to June 2026 (-5.3%), 116 of them as developers.
H1 2026 brought 118 against 152 in H1 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
Southwark against England and Wales
| Measure | Southwark | Change | England and Wales | Change |
|---|---|---|---|---|
| New development charges, 12 months | 29 | -50% | 9,544 | +11.7% |
| Development charges satisfied, 12 months | 20 | +5.3% | 3,785 | +21.1% |
| Live development book at 30 June 2026 | 234 | 41,855 | ||
| Share of live book over 24 months old | 69.2% | 60.6% | ||
| Exit-type lending to developers, 12 months | 16 | -52.9% | 5,241 | +3.4% |
| New-build sales, settled 12 months | 147 | -49.5% | 68,506 | -6.1% |
| New-build share of sales, settled 12 months | 4.4% | 8.3% | ||
| New developer and property companies, 12 months | 248 | -5.3% | 61,275 | +7% |
What it means
What this means for developers exiting in Southwark
1 signal rose in Southwark (loan repayments) and 4 fell (new development lending, exit-type lending, new-build sales, new companies).
Ageing loans mean pressure from development lenders to repay. Refinancing onto exit finance before a facility expires usually costs less than negotiating an extension.
Slower new-build sales stretch the time between completion and the last sale, which is the gap exit finance is designed to cover.
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. Local market detail sits on our development exit finance in Southwark page.
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: Southwark (local authority boundaries). Minimum sample 30. 19 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 Southwark: common questions
How much development lending is there in Southwark?
Development lenders registered 29 new charges in Southwark in the 12 months to June 2026 (-50% on the year before), taken by 19 companies. It counts loans taken, not their value.
How old are development loans in Southwark?
69.2% of the 234 development charges live in Southwark 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 Southwark?
Send us the scheme, the current facility and the sales position and we will give a view on the exit options and indicative terms.