Securing finance for land with planning permission is not always straightforward, especially when you need funds quickly or your project does not fit standard lender criteria. Bridging finance for land with planning can provide short-term funding to help you purchase, refinance or progress a site while you arrange a longer-term exit strategy.
Whether you are buying land at auction, funding a site with outline or full planning permission, or preparing for a residential or commercial development, Discount Mortgages can help you search the market for suitable land bridging loan options.
We make bridging finance for land with planning as simple as possible.
The overall cost for comparison is variable and will depend on your circumstances. Please ask for a personalised illustration.
To get a suitable bridging finance quote for land with planning, your advisor will review the site, planning status, loan amount, term, security, valuation and your intended exit route. Discount Mortgages can compare available lenders and help identify a solution that matches your project requirements.
If your current lender or bank cannot support the purchase, or the timescale is too short for traditional finance, bridging finance may offer a faster and more flexible option. It is often used by developers, investors and land buyers who need quick access to funding before moving onto development finance, a sale, or another form of refinance.
Bridging finance is a short-term secured loan designed to “bridge” a funding gap. For land with planning permission, it can be used to purchase or refinance a plot that already has outline planning, full planning consent, permitted development rights, or a clear route toward development.
This type of finance is commonly used when the borrower needs to complete quickly, secure a site before another buyer, purchase at auction, or unlock funds while preparing for the next stage of a property development project.
There are several reasons why land buyers and developers use bridging loans for land with planning. The main benefit is speed. A bridging loan can often be arranged faster than a standard mortgage or development finance facility, making it useful when there is a tight completion deadline.
Another reason is flexibility. Some lenders are willing to consider sites that traditional lenders may not accept, especially where the land has strong planning potential, a clear valuation, and a realistic exit strategy.
Bridging finance may help you:
The type of planning permission in place can affect the lenders available, the loan-to-value, the interest rate and the overall structure of the bridging finance. Full planning permission may give lenders more confidence because the intended development is clearer, while outline planning may still be considered depending on the location, site value and strength of the proposal.
Your advisor will look at the planning documents, valuation, land use, access, services, development potential and proposed exit route before recommending suitable options.
Lenders usually want to understand the value of the land, the planning status, the borrower’s experience, the proposed use of funds and how the loan will be repaid. The exit strategy is especially important because bridging finance is designed to be short term.
Common exit strategies include selling the land, refinancing onto development finance, selling the completed development, or arranging longer-term commercial or investment finance.
Finding the right bridging finance for land with planning can be complex because every site, lender and project is different. Discount Mortgages can help you compare suitable options and guide you through the application process from enquiry to completion.
Our advisors can help assess your requirements, search available lenders, explain the costs, and support you with the paperwork required for your land bridging finance application.
Our advisors will do their very best to keep you informed at every stage:
Just need to enter some basic information into our online enquiry form and we will search the market for suitable bridging finance for land with planning.
Or if you prefer, call us today and speak with an advisor who can discuss your site, planning position, funding requirement and exit strategy.
Bridging finance is subject to status, valuation, lender criteria and affordability checks. Your property, land or security may be repossessed if you do not keep up repayments on a loan or mortgage secured against it.
