Planning Gain Finance2018-06-15T11:02:28+00:00

Planning Gain Finance

Home » Bridging Loans » Types of Bridging Loan » Planning Gain Finance

BRIDGING LOANS MENU

Using Bridging Loans to Secure Planning Permission

If you’re looking to raise finance against a property or piece of land while you apply for planning permission, we can help.

We offer many facilities, and our experienced team can recommend the most suitable, depending on your circumstances.

Pick up the phone
Talk to an Expert
For free advice call
01922 620008

Latest Planning Gain Bridging Loan Offers

View some of the latest planning gain bridging loan offers from major lenders.

Product BL0001 - Apply Now
Interest Rate
0.44%
Lender Fee
1-2%
Max LTV
55%
Security Type
Residential
Min-Max Loan
£100,000 – £5,000,000
Max Term
18 Months
Regulated Accepted?
No
Product BL0002 - Apply Now
Interest Rate
0.48%
Lender Fee
2%
Max LTV
50%
Security Type
Residential
Min-Max Loan
£250,000 – £50,000,000
Max Term
12 Months
Regulated Accepted?
Yes
Product BL0003 - Apply Now
Interest Rate
0.49%
Lender Fee
2%
Max LTV
50%
Security Type
Residential
Min-Max Loan
£10,000 – £2,500,000
Max Term
12 Months
Regulated Accepted?
Yes
CLICK HERE TO COMPARE MORE MARKET LEADING PRODUCTS

Criteria

Below are the main criteria points to consider when taking out planning gain finance.

1Up to 80% Loan to Value (or 100% with additional security).
2Property in a poor state of repair considered.
3Rates from 0.44% per month.
4Loans from £25,000 with no maximum loan size.
5Borrow from 1 month up to 24 months.
6Any security considered.
7Interest can be rolled into the loan.
8Loans with no early repayment charges available.
9We will consider any exit route.
10Refurbishment or conversion accepted.
11Adverse credit accepted.
12Loans available throughout the UK.

How Much Can I Borrow?

We can fund up to 85% of the current market value of the security property, if that’s less than 65% of the hope value. We can offer facilities such as the above for loans between £100,000 and £1,000,000.

If you’re looking for more, we can lend up to 80% of the current open market value with no maximum loan size.

How Much Will It Cost?

The interest rate charged will depend on what is currently on the site and the loan to value requested. We offer bridging loans on the following terms:

SecurityMax LTVRates From
Residential (Unregulated)80%0.44%
Residential (Regulated)70%0.49%
Commercial70%0.65%
Land With Planning65%0.75%
Land Without Planning50%1.00%

Applications are also subject to a lender arrangement fee, usually 2% of the loan amount. This is sometimes reduced where the requested loan amount is large and can be as low as 1% in some cases.

How Long Does Planning Gain Finance Take to Complete?

We can fund your bridging loan the same day, where the valuation and legal pack are already fully completed, although this is very rare.

In general, you can expect your planning gain bridging loan to take between 5 days – 2 weeks to complete.

Want to Know More…?

Use the panels below to read more on Bridging Loans.

This website uses cookies to improve your user experience. Select 'Agree' to continue to the ABC Finance Ltd website or view our terms of use or privacy policy. Agree
Close
ENQUIRE NOW - CLICK HERE