LAND MORTGAGES

Building plots are quite hard to find and as a result there is usually strong competition when a site becomes available and a purchase price to match. For this reason, most purchasers usually require finance in order to purchase their chosen plot.

We can provide mortgages for various types of land purchase including:

• Property Development (residential building plots, construction of office blocks, garden centres, golf courses etc)
• Investment (car parking, grazing land, camp sites etc)
• Farming (purchase additional farm land for crop cultivation or grazing, woodland for extra income from forestry etc)

Land can and can be purchased both with and without planning permission:

With planning permission

On a residential basis we are able to obtain self-certification mortgages subject to status.

Without planning permission

For a straight forward land purchase we can obtain funding to 50% loan to value