There’s been a significant rise in the number of tenant farmers buying properties from landlords thanks to lower returns on capital invested, a rise in the amount of land being disposed, and the lower interest rates available.
Many sitting tenants therefore find themselves in a strong positions when to comes to making a purchase. But you might struggle to secure the finance in time to make a purchase.
When you have a tenancy with a right to buy, you want to seize the opportunity when it arises. This means you will need rapid access to finance and don’t necessarily have time to apply to a conventional lender.
If you’ve recently discovered you have the right to buy your farm, it’s important to research purchasing options and determine its value, produce a plan and research different funding sources.
UK Agricultural Finance can help if you have a tenancy with a right to buy.
We enable you to buy land before applying to another lender for cheaper refinancing.
Our loans can range from £100,000 to £5 million, with a value limit with 65% of the market value, and are ideal for farmers in England, Scotland and Wales.
Our expert team will take the time to understand your unique needs and deliver strong, responsible lending. We believe in truly taking the time to understand each lender’s unique needs and believe