mortgage agricultural occupancy restriction

chloech

I have planning to erect a dwelling house but it is subject to a s75 Town and Country Planning Act agriculture occupany restriction. I have been trying for a long time to obtain funding but cannot find a lender. They have all tightened their belts as a result of the current climate. Does anyone know of any lender out there, thanks.

Debt_Free_Chick

Have you tried a whole of market mortgage broker?

Dan_1976

If you dont meet the criteria of the restrictions give up. If you do you need a farmer with a lot of cash, or a commercial/aggricultural lender.

I kow NFU Mutual deal with insurance, may be a starting point for lenders??

hsutton_2

I have had a mortgage with Skipton for the last 6 years as our house had an agricultural tie on it.

I have never found anybody else offering them, but if you find anyone, please let me know as I'd like to shop around!

sarahannreid

Have you approached Clydesdale Bank? They appear to be the most 'Farmer Friendly' bank on the go. Ask to speak to an agri-business advisor. If the house is based on labour requirement for the farm, can the farmer not arrange the mortgage (assuming the farmer is a close relative i.e dad?).