Buy land now and build in 2 years

Hello, two years ago I was in a similar situation. I decided to buy the property with my own funds. Why should I finance it if the money is available? In addition, the registration of the bank in the land register, later the deletion, etc., are omitted. These are only small items, but they do cost money. Given the current interest rate situation, you don’t get anything on your savings anyway. It would be important to know whether there is a building obligation on the property.

We just had the same situation. We have now used our equity with a loan with a variable interest rate for the land. So that when we know how expensive our house will be, we are not tied to any bank. And thus with a large loan, we can pay off the smaller one. This way, we can take our time with the planning and we also don’t have two loans running simultaneously. We found this to be our best solution because at the moment we don’t even know how much budget we need for the house and what exactly we want. After all, you hardly plan the house before buying a plot of land...