£6.9M Bridging Loan for Land Helps Investor Secure Strategic Development Site

• Client: Experienced property investor
• Challenge: Secure adjoining land before longer-term development finance was available
• Loan Amount: £6.9M

The Opportunity

The client identified a substantial parcel of land positioned alongside an existing property interest. Acquiring the additional land presented an opportunity to bring the two sites together and create a larger development proposition.

The seller required a defined completion timetable, while the client needed additional time to undertake planning, technical and feasibility work across the combined site.

The Bridging Solution

Global Bridging Finance arranged a £6.9M bridging loan for land, secured against the land being acquired and additional property assets.

The lender assessed the current value and location of the site, the surrounding property market, the client's experience and the proposed longer-term strategy.

The facility allowed the acquisition to proceed while the client continued with the planning and technical work required for the wider site.

The Exit Strategy

The primary exit was longer-term development finance once the combined site had progressed through the required planning and technical stages.

A secondary exit involved the potential sale of the land to another developer if the client's plans changed.

The Outcome

The bridging loan for land enabled the client to secure the adjoining parcel before the opportunity was lost, while providing time to progress the wider development strategy.

The case demonstrates how land bridging finance can help investors secure strategically important sites before permanent development funding is ready.