Agricultural

We understand running an agricultural business is extremely time consuming whether the business is a farm or ground scare based, however at Mortgages for Business we take the time to find the right commercial mortgage for the customer given their personal circumstances and how they see their agricultural business developing in the future.

With regard to rates a good benchmark to consider would be Bank Base Rate + 1.5% to 3%; evidence of trading accounts and a business proposal will ideally be needed in order to secure better rates of funding.  The maximum loan to property value on agricultural properties on a good proposition will be around 75%.

The maximum term of an agricultural business mortgage will tend to be 25 years.