Why Land Mortage?
A Land Mortgage can be useful if you wish to buy a plot of land for personal, commercial or residential investment purposes.
Whether it is your first time buying land or you wish to remortgage your existing plot of land, an experienced broker such as SFA Mortgages can help you every step of the way to get the best deal. You need not worry whether the land has already got planning permission or not, SFA Mortgages can help procure the best deal for you quickly and effectively.
Do you need finance to buy or remortgage your plot of land?
SFA Mortgages understand that this may be a precarious step for you to take, given that there are not many finance companies that deal with Land Mortgages. As such, SFA Mortgages understand how important it is to procure the right deal that suits your particular circumstances. With many years' experience working closely with land investors, we have the ability to ensure you get the best deal possible for your individual circumstances
Key Features of the SFA Land Mortgage
Loan term between 6 months to 5 years
Offering upto 75% of open market value
We accept, 1st charge, 2nd charge, equity or joint ventures
Rates from 0.59% to 2% per calendar month
Funding available within a week of enquiry
From £100,000 upwards (no maximum limit)
No Upfront Fees
Interest can be rolled up, retained or serviced monthly
We can also accept applications if you have adverse credit
What you need to consider when applying for a Land Mortgage
100% of purchase price possible if the loan does not exceed 70% of the open market value of the land.
Planning permission is not required at application
Once planning permission is procured, SFA Mortgages can assist in refinancing with consideration of any planning gain.
If you are looking to develop the site, we can assist with the onward development finance.
Funding for all types of land are considered, including Residential Land, Commercial Land, Brownfield Sites, Greenbelt Land and Industrial Sites.
To find out if an SFA Land Mortgage is what you need, do not hesitate to contact SFA Mortgages or click the button above to fill in the short form.