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Releasing money from land owned out right?


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We own a woodland which is approx worth between £150k - £200K, there is no mortgage or loans secured on it at the moment.

My partner and i havent got the best credit history and we where looking to release £40k from the woods to put the money to a chalet we can live in.

We are finding it difficult to find anywhere that will re-mortgage the woods and secure the 40K on them. The only other option they have sugggested is bridging loans which we do not want.

Does anyone know of anywhere where they deal with land and re-mortgages?

thanks.

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