Bridging Finance for Land London, UK – Loans

When it comes to arranging quick funds to buy land immediately, BridgingFinance4U – a leading provider of bridging finance for land in London can be your best friend.. BridgingFinance4U offers special land bridging loans on land to help you snap up your dream property in any situation where you otherwise have to wait for a long time to get your funds processed. Once you obtain all the relevant permissions, we can help you get bridging finance for land development to purchase the plot.

How Does Land Bridging Finance Work?

Using bridging finance for the land is pretty much same as using bridging loans for land to purchase a property. These funds are quick to set up compared to other types of loans and have flexible criteria. The land you buy through bridging loans can be used for both residential as well as commercial purposes. If you acquired planning permission, then you are likely to get bridging loans keeping your exit strategy into consideration.

Bridging Finance to Buy a New Land

If you are someone who is looking to build a new and bigger property, then land bridging loans could help you out. Lands in prime areas, like Enfield and Middlesex, get sold out very fast, so it is essential that you act quickly. Going for traditional loans may take months to get approved, which may put you at the risk of losing the land. In this situation, bridging finance for land from BridgingFinance4U will enable you to get funds on short notice and help you secure the plot.

Bridging Finance to Buy a Property at Auction

Bridging finance can be used to buy land, residential property, commercial building and buy-to-let properties. When you win a bid at auction, you are required to pay a 10% deposit on the same day, while remaining 90% within 28 days. This is when a bridging loan from BridgingFinance4U comes in. Bridging finance can help you bridge the gap and secure the sale.

Whether you are an individual or business tycoon, when you see a deal on land that seems favourable to you, you may like to buy it and build a property either for investment or personal use. A bridging loan can help you purchase the plot so you can use your own money to build residential or corporate premises. Once the development project is complete, you can sell it or mortgage the property to repay the original bridging finance.

How BridgingFinance4U Can Help You get Land Bridging Loan?

Many bridging lenders in the UK refuse to provide loans for land purposes as they think it is too risky. While others who are ready to lend money for land purchases ask for extra security to make sure the loan amount is secured as well as charge unfavourable interest rates. Keeping these factors in mind, it is better to seek the help of an experienced and professional land bridging finance company, because, without them, you may end up paying higher rates and put more properties as security. At Bridging Finance 4U, we not only help you get an easy landlord bridging loan at a competitive rate, but we also work with expert advisors who have access to the entire loan market to advise you on the latest finance solutions.