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 fund the building project.

Example:

A plot of land has been placed for sale and you would like to build on the land for either investment or personal use. A bridging loan can be used to purchase the land which will allow your own funds to be used for the build costs.