Hello,
One more question about possible financing parameters:
What exactly would you pay attention to?
I see the potential problem with Bank A having financed the land and if the house is built before the land is paid off, that you are basically "locked in" with Bank A because banks are reluctant to be second mortgage holders in the land register.
Therefore, finance entirely variable, because that means it can be repaid at any time and thus flexible? Or is my thought nonsense and there are possibilities I don't know about?
You can finance the land with Bank A. When financing the house with Bank B, the land counts as equity in the financing. Bank B pays off the remaining loan from Bank A, Bank A is deleted from the land register and Bank B is entered instead with the total sum.
You do have to make sure that you take out financing for the land that you can actually cancel. So a short fixed interest period of one year or immediately variable.
Best regards