£920,000 Self Build Bridging Loan to Fund Ground-Up Construction

A private client approached Global Bridging Finance after securing planning permission for a substantial detached residence in a prime rural location in the South East of England. The project involved demolishing an existing structure and constructing a new 6,000 sq ft bespoke family home.

The total project cost was projected at circa £2.8 million, with the land valued at approximately £1.4 million. While the client had strong equity across other property assets, they required immediate funding to complete the land acquisition and begin enabling works before transitioning onto a staged self build development facility.

Traditional lenders were unable to proceed within the required timeframe due to planning reviews, build cost assessments, and extended underwriting processes. The land vendor required exchange within 21 days, and any delay would have jeopardised the opportunity.

We structured a £920,000 first charge self build bridging loan, representing approximately 65% of the land value. The facility was arranged over a 12-month term with interest rolled up, allowing the client to preserve liquidity during the early stages of the build.

The agreed exit strategy was the refinance onto a formal self build development loan once groundwork and initial construction milestones were achieved, at which point the enhanced value of the site would support longer-term funding.

Through close coordination with solicitors, valuers, and the lender, the bridging facility completed within 17 working days from instruction, enabling the client to secure the site and commence demolition and foundation works without delay.

This case demonstrates how a Self Build Bridging Loan can provide flexible, short-term capital to secure land and initiate construction, particularly where time-sensitive acquisitions and planning-led projects require decisive funding ahead of staged development finance.