Mortgages for Land - can anyone recommend?
Mortgages for Land - can anyone recommend?
Author
Discussion

Gulzar

Original Poster:

745 posts

217 months

Friday 20th March 2009
quotequote all
Marsh Land to be precise.

Value of land is around £160,000 - 47 acres.

Looking to mortgage anything between 50-70%.

Can anyone recommend a good broker? Eager to complete as soon as possible or will have to purchase outright in cash which I am doing best to avoid.

Or if you are a mortgage broker send me an email sasha@lionhotelsltd.com asap.

Thanks.

Edited by Gulzar on Friday 20th March 11:33

TimCrighton

996 posts

247 months

Monday 23rd March 2009
quotequote all
Depends on the consents in place on it - some companies will lend against sporting rights for example if they are of significant interest. Vacant land with no consent is actually quite difficult in my experience to borrow against although someone may be able to advise of a specialist.