Development exit report · H1 2026

Wiltshire Development Exit Report, H1 2026

Who is lending to developers in Wiltshire, 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.

59
New development charges, 12 months to June 2026 (+11.3%)
30
Development loans filed as repaid, same 12 months
67.0%
Live development book over 24 months old (60.6% nationally)
973
New-build sales, latest settled 12 months (-19.1%)
Matt Lenzie
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, registered new-build sales slipped 19.1% to 973 over the latest settled year across Wiltshire. Next largest, new developer and property company registrations grew 12% to 420. Loan age matters for exits: 67.0% of Wiltshire's live development charges passed the two-year mark by June 2026 (national 60.6%). 90 residential approvals over the latest 12 months (partial coverage, 50%) set up the pipeline that will need refinancing next.

Scorecard

Wiltshire at a glance

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

SignalWiltshireChangeBasisDirection
New development charges59+11.3%12 months to June 2026 vs the 12 months beforeUp
Development charges satisfied (exits filed)30+11.1%12 months to June 2026 vs the 12 months before; recent filings provisionalUp
Exit-type lending to developers39-4.9%bridging, specialist-bank and private-credit charges on development companiesFlat
Live development book over 24 months old67.0%+6.4 ptsat 30 June 2026, compared with 60.6% across England and WalesAbove national
New-build sales registered973-19.1%settled 12 months (registration lag allowed for) vs the 12 months beforeDown
New developer and property companies420+12%SIC 41100, 41202, 68100 by registered office; live register onlyUp
Companies House · development lending

Development lending and exits in Wiltshire

The register shows 59 new development charges in Wiltshire across the 12 months to June 2026, up 11.3% on the prior 12 months, spread over 41 borrowers.

On the other side of the ledger, 30 development loans were filed as repaid. That is a repayment ratio of 0.51, at or above the national 0.4, so exits are keeping pace.

The median development loan repaid in the year ran 22.1 months from registration to repayment.

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.

Wiltshire: 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)
010203040New development charges, 2022 Q1: 13Satisfied, 2022 Q1: 72022New development charges, 2022 Q2: 30Satisfied, 2022 Q2: 8New development charges, 2022 Q3: 13Satisfied, 2022 Q3: 3New development charges, 2022 Q4: 1Satisfied, 2022 Q4: 1New development charges, 2023 Q1: 13Satisfied, 2023 Q1: 52023New development charges, 2023 Q2: 15Satisfied, 2023 Q2: 11New development charges, 2023 Q3: 11Satisfied, 2023 Q3: 3New development charges, 2023 Q4: 15Satisfied, 2023 Q4: 1New development charges, 2024 Q1: 20Satisfied, 2024 Q1: 112024New development charges, 2024 Q2: 17Satisfied, 2024 Q2: 6New development charges, 2024 Q3: 10Satisfied, 2024 Q3: 2New development charges, 2024 Q4: 6Satisfied, 2024 Q4: 3New development charges, 2025 Q1: 21Satisfied, 2025 Q1: 92025New development charges, 2025 Q2: 16Satisfied, 2025 Q2: 13New development charges, 2025 Q3: 16Satisfied, 2025 Q3: 13New development charges, 2025 Q4: 15Satisfied, 2025 Q4: 5New development charges, 2026 Q1: 16 (censored by registration lag)Satisfied, 2026 Q1: 4 (censored by registration lag)2026New development charges, 2026 Q2: 12 (censored by registration lag)Satisfied, 2026 Q2: 8 (censored by registration lag)

Companies House charge register, Construction Capital analysis

Companies House · exit-type lending

Bridging and specialist lending to Wiltshire developers

The exit and refinance market in Wiltshire registered 39 charges on development companies over the latest year, down 4.9% from 41.

By lender type, specialist and challenger banks led with 26. H1 2026 on its own: 18 (H1 2025: 28).

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.

Wiltshire: exit-type lending to developers bridging, specialist-bank and private-credit charges on development companies, rolling four quarters
0204060802022 Q42023 Q42024 Q42026 Q2Exit-type charges, rolling 4Q, 2022 Q4: 34Exit-type charges, rolling 4Q, 2023 Q1: 35Exit-type charges, rolling 4Q, 2023 Q2: 33Exit-type charges, rolling 4Q, 2023 Q3: 37Exit-type charges, rolling 4Q, 2023 Q4: 48Exit-type charges, rolling 4Q, 2024 Q1: 56Exit-type charges, rolling 4Q, 2024 Q2: 66Exit-type charges, rolling 4Q, 2024 Q3: 60Exit-type charges, rolling 4Q, 2024 Q4: 50Exit-type charges, rolling 4Q, 2025 Q1: 40Exit-type charges, rolling 4Q, 2025 Q2: 41Exit-type charges, rolling 4Q, 2025 Q3: 40Exit-type charges, rolling 4Q, 2025 Q4: 49Exit-type charges, rolling 4Q, 2026 Q1: 46Exit-type charges, rolling 4Q, 2026 Q2: 39Charges 39

Companies House charge register, Construction Capital analysis

Companies House · lender categories

Who is lending in Wiltshire

Specialist money (bridging, specialist banks, development lenders and funds) accounted for 86.6% of matched property charges in Wiltshire, compared with 88.4% for England and Wales. That is close to the national mix.

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
WiltshireWiltshire, Specialist and challenger banks: 61.5%62%Wiltshire, Bridging lenders: 23.8%24%Wiltshire, High-street banks: 13.1%13%Wiltshire, Development lenders, funds and other: 1.4%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

New-build completions registered in Wiltshire came to 973 over the latest settled year (to July 2025), down 19.1% from 1,202. That is 8.4% of the market, against a national 8.3%.

Buyers paid 41.6% more for a new flat than a second-hand one, and 17.6% more for a new house, on median prices.

All residential sales totalled 11,199 in the settled 12 months to January 2026 (+2.6% 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.

Wiltshire: new-build sales registered by half-year; faded bars sit inside the registration lag and will rise
02505007501,000New-build sales, 2022 H1: 8782022 H1New-build sales, 2022 H2: 8752022 H2New-build sales, 2023 H1: 5672023 H1New-build sales, 2023 H2: 6232023 H2New-build sales, 2024 H1: 5722024 H1New-build sales, 2024 H2: 5982024 H2New-build sales, 2025 H1: 3972025 H1New-build sales, 2025 H2: 243 (censored by registration lag)2025 H2New-build sales, 2026 H1: 5 (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

Between 20 September 2025 and 20 September 2026, 90 residential applications were approved (33 new build, 30 conversion, 14 hmo) and 41 awaited a decision.

Stated unit counts total 1,456 homes across 58 approvals, a floor rather than the full figure.

Not yet covered: Wiltshire.

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 Newburn Sidings Swindon262new build2026-08-21
Wh Smith Headquarters Wh Smith Site Greenbridge Road Stratton St Margaret Swindon Sn3 3je219new build2026-02-11
Phase 3 Lotmead Site Eastern Villages Swindon132other residential2025-12-18
Parcels R1-R2 New Eastern Villages Swindon Wiltshire122other residential2026-04-01
Former Intel Uk Ltd Pipers Way Old Town Swindon Sn3 1rj112conversion2026-04-10
Companies House · registrations

New developer companies

Company formation is an early pipeline signal: 420 new property and development companies in Wiltshire over the latest year, 194 registered as developers (SIC 41100 or 41202).

Half-year to half-year: 208 in the first half of 2026, 216 a year before.

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

Wiltshire against England and Wales

MeasureWiltshireChangeEngland and WalesChange
New development charges, 12 months59+11.3%9,544+11.7%
Development charges satisfied, 12 months30+11.1%3,785+21.1%
Live development book at 30 June 202629741,855
Share of live book over 24 months old67.0%60.6%
Exit-type lending to developers, 12 months39-4.9%5,241+3.4%
New-build sales, settled 12 months973-19.1%68,506-6.1%
New-build share of sales, settled 12 months8.4%8.3%
New developer and property companies, 12 months420+12%61,275+7%
What it means

What this means for developers exiting in Wiltshire

Up: new development lending, loan repayments, new companies. Down: new-build sales.

An older-than-average book is the clearest local sign of schemes overrunning. Developers in that position usually refinance onto an exit facility or sell at a discount to clear senior debt.

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 Wiltshire 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: Wiltshire, Swindon (local authority boundaries). Minimum sample 30. 8 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 Wiltshire: common questions

How many developers borrowed in Wiltshire last year?

41 development companies registered 59 charges to development lenders in the 12 months to June 2026, and 30 development loans were filed as repaid over the same period.

Are development schemes in Wiltshire overrunning?

At 30 June 2026, 67.0% of live development charges in Wiltshire were over 24 months old (England and Wales: 60.6%). Charges that old usually sit on schemes past their original term.

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.

More reports

Reports within Wiltshire

Completing a scheme in Wiltshire?

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