LAND WITH PLANNING BRIDGING
Catalyst Property Finance / Land With Planning BridgingLoans on property that benefits from outline or full planning consent
Lending Criteria Overview
| Borrower | Borrowers with good credit history. Borrower 3 year UK address history, exceptions by referral. UK individual or LTD Co/LLP. Offshore LTD Co. |
| Loan | Loan terms from 3 months to 24 months. No ERCs, 1 month minimum interest. Loans available from £100,000 to £1 million. Interest serviced, blended or retained. Transactions considered; purchase, refinance with no cash out, refinance with cash out. |
| Property | Land with planning permission up to 60% LTV. Located in England or Wales. |
REQUEST MORE INFORMATION
Do you require short term finance to buy land? Do you need finance to remortgage a piece of land? If the answer to either of those questions is yes then contact Catalyst today.
As a respected bridging loan provider, we can provide financial support for projects that require full planning permission, predominately residential-led schemes and commercial/mixed use by referral. Our residential bridging finance is first class.
A recent example saw a housebuilder in Middlesex request a loan of £156,000 to purchase land and prepare for a small architectural new home. The loan was over six months with the property valued at £240,000. The loan was paid for when the property was sold.
With no early repayment charges and facility and procuration fees ranging between 0% and 2% you can rely on Catalyst to help you complete your project. The available funds can be immediately accessible, letting you concentrate on the project in hand.
Monthly Interest Rates From
Purchase, refinance no cash out, refinance cash out
First charge rates from:
| % of Open Market Value: | 40% LTV | 50% LTV | 60% LTV |
| Monthly interest rates from: | 0.79% | 0.89% | 0.99% |
Monthly Interest Rates From
| First Charge | |
| 60% LTV | 0.80% |
| 70% LTV | 0.90% |
| 75% LTV | 0.95% |
How to arrange your land with planning bridging
If you require further information about our land with planning bridging finance options, contact our bridging finance team today on 01202 112 900. Our bridging experts will consider your application and quickly reply with a lending decision. We can offer loan terms of up to 24 months and loans up to £5 million. Higher amounts will be considered by exception.
To be eligible for land with planning bridging borrowers must be aged between 21 and 85 at the end of the term and have a good credit history. Potential borrowers must also have a three-year UK address history. People with an adverse credit rating or have spent fewer than three years in the country can apply on a referral basis.