Building Plot or Land bridging Finance

Purchase of a building plot or land using bridging finance

Bridging finance can be used to buy residential property or land or commercial property or land. Individuals or small, medium or even large companies often use bridging finance to secure a bargain plot for development. Once all the correct permissions are obtained and a plan formulated we can help in obtaining development finance for the land possibly in the form of a self build mortgage which can be used to repay the bridging finance and finance the building project.

Example:

A plot of land has been placed for sale and you would like to build a property on that land whether it be for investment or personal circumstances. A bridging loan can be used to purchase the land allowing you to use your own funds for the build of the property with or without the help of a self build loan.