Bridging Finance for Land Acquisition with Planning Potential

Client Type: Experienced Property Developer
Land Value: Circa £2,800,000
Loan Amount: Approximately £1,900,000
Loan Type: Bridging Finance for Land

The Scenario

Global Bridging Finance was approached by a property developer seeking to acquire a plot of land on the outskirts of Manchester. The site had significant potential for residential development, with pre-application discussions already held with the local planning authority. However, the client required funding within three weeks to complete the purchase before another interested party could move forward.

Traditional lenders were hesitant due to the absence of full planning consent, which limited immediate resale or development value. The client required a short-term bridging solution to secure the land quickly, thereby allowing them time to obtain planning approval and proceed with development financing.

The Solution

Global Bridging Finance arranged a land bridging loan of approximately £1.9 million, secured against the site at around 68% loan-to-value (LTV). We leveraged our relationships with specialist lenders familiar with pre-planning scenarios to ensure the underwriting team assessed the case based on the site’s strategic potential rather than solely its current valuation.

Our team coordinated with the client’s solicitors and the lender’s valuation partners to meet tight deadlines, providing clear documentation and feasibility reports to support the land’s development potential.

The Outcome

The client completed the acquisition on schedule, securing control of the land ahead of planning submission. This timely intervention allowed them to proceed confidently toward planning approval and eventual development funding, protecting a valuable opportunity in a competitive market.