Can I get finance to buy land to develop?
Yes, finance is available to buy land to develop.
Getting a land mortgage isn’t easy at the best of times, simply due to the low number of lenders in this area but solutions do exist and there are a choice of lenders in this market. A loan for land can allow you to build your perfect home or secure an area to develop.
Lenders often see loans for land as risky propositions but with strong applications that risk can be avoided entirely, land bridging loans could offer short-term solutions instead.
Many standard lenders avoid land mortgages because it is more specialised than residential lending with an added risk element. That’s why many people choose to borrow using specialist mortgage brokers, who have access to better products and services for loans on land.
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