Agricultural Mortgages
We can help you act fast on new opportunities.
Securing an agricultural mortgage to purchase, extend or renovate farm buildings and land can be tough – Amplo can help.
What is an agricultural mortgage?
An agricultural mortgage is a loan over £25,000 for farmers and agricultural businesses which is secured against land or property available on either a fixed or variable interest rate.
What can it be used for?
- Buying land
- Releasing equity for farm purposes
- Buying or renovating farm buildings
Differences between interest rate choices:
Variable Rate Loan
- No certainty against a rise in interest rates
- Lower repayments if interest falls
- Breakage cost not applicable
- Prepayment fees apply
Fixed Rate Loan
- Offers certainty against a rise in interest rates
- No lower rates if interest falls
- Breakage costs applicable
- Prepayment fees apply
Key features
- Loans from £25,001
- Repayments from 1-25 years
- Fixed or variable interest
- Flexible repayment frequencies
Any property used as security, which may include your home, may be repossed if you do not keep up repayments on your mortgage.
At Amplo, are always happy to have an interesting discussion about your business ideas. Call us on 01270 443510 or head over to our Contact Us page.
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