Development exit report · H1 2026

Surrey Development Exit Report, H1 2026

Who is lending to developers in Surrey, 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.

238
New development charges, 12 months to June 2026 (+8.2%)
112
Development loans filed as repaid, same 12 months
61.1%
Live development book over 24 months old (60.6% nationally)
918
New-build sales, latest settled 12 months (-1.9%)
Matt Lenzie
Written and reviewed by Matt Lenzie Founder & Principal Broker · 25 years arranging development finance · Reviewed September 2026
In short

In Surrey, development loans filed as repaid rose 12% to 112, the sharpest change of any signal we track for the county. Behind it, new development lending rose 8.2% to 238 charges. Of the 1,079 development charges still live in Surrey at 30 June, 61.1% had been running for more than 24 months. 560 residential approvals over the latest 12 months (partial coverage, 55%) set up the pipeline that will need refinancing next.

Scorecard

Surrey at a glance

How each signal moved over the year, measured the same way for every location we report on.

SignalSurreyChangeBasisDirection
New development charges238+8.2%12 months to June 2026 vs the 12 months beforeUp
Development charges satisfied (exits filed)112+12%12 months to June 2026 vs the 12 months before; recent filings provisionalUp
Exit-type lending to developers210+7.1%bridging, specialist-bank and private-credit charges on development companiesUp
Live development book over 24 months old61.1%+0.5 ptsat 30 June 2026, compared with 60.6% across England and WalesIn line
New-build sales registered918-1.9%settled 12 months (registration lag allowed for) vs the 12 months beforeFlat
New developer and property companies1,118+6.9%SIC 41100, 41202, 68100 by registered office; live register onlyUp
Companies House · development lending

Development lending and exits in Surrey

147 borrowers, 238 charges: that is the scale of new development lending in Surrey in the year to June 2026, compared with 220 charges a year earlier.

Set against that, 112 development charges were satisfied (repaid) in the same year, 0.47 for every new charge against 0.4 nationally. The local book is clearing at least as fast as the national one.

Typical loan life on repayment: 28.1 months at the median, shorter than the 32.6 months of the prior year.

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.

Surrey: development charges registered and satisfied by quarter, 2022 Q1 to 2026 Q2; faded bars are provisional because repayments are filed late
New development chargesSatisfied (loan repaid)
020406080New development charges, 2022 Q1: 55Satisfied, 2022 Q1: 62022New development charges, 2022 Q2: 38Satisfied, 2022 Q2: 14New development charges, 2022 Q3: 46Satisfied, 2022 Q3: 20New development charges, 2022 Q4: 45Satisfied, 2022 Q4: 17New development charges, 2023 Q1: 34Satisfied, 2023 Q1: 162023New development charges, 2023 Q2: 33Satisfied, 2023 Q2: 30New development charges, 2023 Q3: 23Satisfied, 2023 Q3: 15New development charges, 2023 Q4: 37Satisfied, 2023 Q4: 27New development charges, 2024 Q1: 37Satisfied, 2024 Q1: 362024New development charges, 2024 Q2: 62Satisfied, 2024 Q2: 40New development charges, 2024 Q3: 50Satisfied, 2024 Q3: 23New development charges, 2024 Q4: 51Satisfied, 2024 Q4: 14New development charges, 2025 Q1: 48Satisfied, 2025 Q1: 242025New development charges, 2025 Q2: 71Satisfied, 2025 Q2: 39New development charges, 2025 Q3: 68Satisfied, 2025 Q3: 28New development charges, 2025 Q4: 44Satisfied, 2025 Q4: 31New development charges, 2026 Q1: 48 (censored by registration lag)Satisfied, 2026 Q1: 26 (censored by registration lag)2026New development charges, 2026 Q2: 78 (censored by registration lag)Satisfied, 2026 Q2: 27 (censored by registration lag)

Companies House charge register, Construction Capital analysis

Companies House · exit-type lending

Bridging and specialist lending to Surrey developers

Bridging lenders, specialist banks and funds took 210 charges over Surrey development companies in the year to June 2026 (+7.1% on the 196 of the year before).

Specialist and challenger banks held the largest number, 127. The first half of 2026 alone brought 107, against 87 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.

Surrey: exit-type lending to developers bridging, specialist-bank and private-credit charges on development companies, rolling four quarters
01002003004002022 Q42023 Q42024 Q42026 Q2Exit-type charges, rolling 4Q, 2022 Q4: 135Exit-type charges, rolling 4Q, 2023 Q1: 124Exit-type charges, rolling 4Q, 2023 Q2: 115Exit-type charges, rolling 4Q, 2023 Q3: 103Exit-type charges, rolling 4Q, 2023 Q4: 100Exit-type charges, rolling 4Q, 2024 Q1: 115Exit-type charges, rolling 4Q, 2024 Q2: 136Exit-type charges, rolling 4Q, 2024 Q3: 175Exit-type charges, rolling 4Q, 2024 Q4: 191Exit-type charges, rolling 4Q, 2025 Q1: 189Exit-type charges, rolling 4Q, 2025 Q2: 196Exit-type charges, rolling 4Q, 2025 Q3: 197Exit-type charges, rolling 4Q, 2025 Q4: 190Exit-type charges, rolling 4Q, 2026 Q1: 201Exit-type charges, rolling 4Q, 2026 Q2: 210Charges 210

Companies House charge register, Construction Capital analysis

Companies House · lender categories

Who is lending in Surrey

Across all 2,086 charges registered against property in Surrey over the year, specialist lenders held 85.1% of those we can match to a lender type, against 88.4% nationally. That 3 point gap suggests more of the market is still funded by mainstream banks.

Lenders are grouped by category from the Construction Capital lender register and never named.

Who holds the charges: lender categories share of register-matched property charges, 12 months to June 2026
Specialist and challenger banksBridging lendersHigh-street banksDevelopment lenders, funds and other
SurreySurrey, Specialist and challenger banks: 56.5%57%Surrey, Bridging lenders: 27.7%28%Surrey, High-street banks: 14.6%15%Surrey, Development lenders, funds and other: 1.2%E and WE and W, Specialist and challenger banks: 60.5%61%E and W, Bridging lenders: 27.5%28%E and W, High-street banks: 11.5%12%E and W, Development lenders, funds and other: 0.5%

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 918 new homes sold in Surrey, compared with 936 in the year before. New-build made up 5.1% of all sales (8.3% nationally).

Buyers paid 44.1% more for a new flat than a second-hand one, and 8.6% more for a new house, on median prices.

All residential sales totalled 17,116 in the settled 12 months to January 2026 (+3.8% 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.

Surrey: new-build sales registered by half-year; faded bars sit inside the registration lag and will rise
05001,0001,5002,000New-build sales, 2022 H1: 1,1832022 H1New-build sales, 2022 H2: 1,1072022 H2New-build sales, 2023 H1: 6992023 H1New-build sales, 2023 H2: 5102023 H2New-build sales, 2024 H1: 4552024 H1New-build sales, 2024 H2: 5362024 H2New-build sales, 2025 H1: 4082025 H1New-build sales, 2025 H2: 152 (censored by registration lag)2025 H2New-build sales, 2026 H1: 3 (censored by registration lag)2026 H1

HM Land Registry Price Paid Data, Construction Capital analysis

Planning · pipeline

The next wave of schemes needing an exit

Epsom and Ewell Borough Council, Guildford Borough Council, Reigate and Banstead Borough Council, Spelthorne Borough Council, Surrey Heath Borough Council, Woking Borough Council approved 560 residential applications between 20 September 2025 and 20 September 2026, with 312 still pending. By type: 259 other relevant, 109 new build, 49 conversion.

Stated unit counts total 1,995 homes across 176 approvals, a floor rather than the full figure.

Not yet covered: Elmbridge, Mole Valley, Runnymede, Tandridge, Waverley.

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)UnitsTypeDecided
Land At Sandcross Lane Reigate Surrey300new build
Heathpark Wood Heathpark Drive Windlesham Surrey140other residential2026-06-24
1 London Road Staines-Upon-Thames Tw18 4aj108prior approval2026-06-03
Bugle Nurseries Upper Halliford Road Shepperton Tw17 8sn80other relevant2026-05-29
The Meadows Bagshot Road Woking Surrey74new build2026-02-23
Companies House · registrations

New developer companies

New single-purpose companies are where most schemes start. Surrey added 1,118 in the year to June 2026, up 6.9% on the prior year, 507 of them developers.

The first six months of 2026 saw 560 (576 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

Surrey against England and Wales

MeasureSurreyChangeEngland and WalesChange
New development charges, 12 months238+8.2%9,544+11.7%
Development charges satisfied, 12 months112+12%3,785+21.1%
Live development book at 30 June 20261,07941,855
Share of live book over 24 months old61.1%60.6%
Exit-type lending to developers, 12 months210+7.1%5,241+3.4%
New-build sales, settled 12 months918-1.9%68,506-6.1%
New-build share of sales, settled 12 months5.1%8.3%
New developer and property companies, 12 months1,118+6.9%61,275+7%
What it means

What this means for developers exiting in Surrey

4 signals rose in Surrey (new development lending, loan repayments, exit-type lending, new companies) and 0 fell (none).

Nothing unusual in the age of local loans, so each scheme's sales evidence will decide whether exit finance helps.

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 Surrey 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: Elmbridge, Epsom And Ewell, Guildford, Mole Valley, Reigate And Banstead, Runnymede, Spelthorne, Surrey Heath, Tandridge, Waverley, Woking (local authority boundaries). Minimum sample 30. 6 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 Surrey: common questions

Is development lending rising in Surrey?

Yes: 238 new development charges in the year to June 2026, +8.2% on the previous 12 months, according to the Companies House charge register.

How old are development loans in Surrey?

61.1% of the 1,079 development charges live in Surrey 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 Surrey?

Send us the scheme, the current facility and the sales position and we will give a view on the exit options and indicative terms.