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  • duwi
    Freshie
    • Aug 2005
    • 37

    #1

    Vacant land

    I am thinking to buy a vacant land. Which lander would lend me > 80% for a vacant land? I know I should go to see a broker and ask this kind of question, but some people may know well

    Thanks
  • drelly
    Fanatical
    • Jan 2004
    • 5838

    #2
    I doubt very much if any mainstream lenders would consider that much for land. It's been a while since I looked at it but I think lending is more like 60% for a vacant block.
    You can find me at: Energise Web Design

    Comment

    • Heg
      Fanatical
      • Jul 2005
      • 1309

      #3
      Hi Duwi,
      I was talking to my broker yesterday and she can get lending on land.
      Email or pm me for more info.
      Cheers
      Jo Birch
      Looking for someone to manage your next project or event? Then call now!
      +61 450 148 678

      Comment

      • kolzee
        Opinionated
        • Oct 2004
        • 188

        #4
        Duwi, we got 80% lending on vacant block of land from ANZ - no issues....

        Comment

        • Julian
          Fanatical
          • Jan 2005
          • 1524

          #5
          duwi,
          Another option might be to pick up the phone and ring a few banks and find out from the horse's mouth.
          Julian
          Gimme $20k. You will receive some well packaged generic advice that will put you on the road to riches beyond your wildest dreams ...yeah right!

          Comment

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