Loans to buy land

adrianallen99

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Hi, just a quick question. Does anyone know of any companies that will give secured loans (not a mortgage) on land.

Thanks
 
Most banks will, but they'll require a personal guarantee. If you don't have that guarantee (for part of the value, the land value can also be part) then it's going to be very hard to get a loan.

Also, I hope when you say 'land' you don't mean you're thinking of buying a plot of land from a company that's trying to tell you it will soon get planning permission, then its value will soar. If so, you're being setup to buy worthless land.
 
There are many banks available which provide you housing loan. All banks loan rates are different so you have to select some best loan rate. I think you have to check all banks site so getting more clear about house financing loan.
 
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