What is the minimum loan size required for a land bridging loan?

Criteria for a land bridging loan can differ significantly among various lenders. Many leading lenders in the land bridging loan market typically start their loan offerings at £50,000 or more. The general rule is that, the more you are borrowing, the more options you will have available to you, within reason. Bridging loans come with upfront costs to set up and generally, those up front costs are similar if you are lending £50,000 or £500,000; therefore Mortgage Lane will explore how to make your funding most cost economical.

Prominent lenders in the land bridging loan sector often establish a base level for loan amounts, usually beginning at around £50,000. This benchmark forms a part of their strategic lending criteria to reduce the low ticket assets on their book, generally if you are borrowing around the £50,000 mark, rates can be slightly more expensive, especially if you are also buying land!

Mortgage Lane is constantly matching borrowers with land bridging loan options that optimally suit their financial needs and investment plans, taking into account the diverse minimum loan sizes available in the market.