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What sort of loan if any do I need?

2

Comments

  • CH27
    CH27 Posts: 5,531 Forumite
    turfey21 wrote: »
    Hi all,

    Thanks, we have been researching and keeping an eye on land prices in this area for the past 18 months and the approx sale price for land per acre is £8K. More for smaller parcels of land.

    No I am not under 25, am in the my 30's

    Thanks for the info to speak to NFU they are certainly worth a chat too

    So do you all think it is possible to get finance for a working livery yard that can show it earns money each month etc. I have had 50% of people saying yes and the other 50% saying no and now I am trying to nail down somewhere where I can go and speak to them and possibly get funding in place so I know where I can look

    Damn! I was going to suggest trying The Prince's Trust.
    Try to be a rainbow in someone's cloud.
  • turfey21
    turfey21 Posts: 107 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    CH27 wrote: »
    Damn! I was going to suggest trying The Prince's Trust.

    DOH! 8 years to old :-(

    My brother is in that age bracket! Could be a silent partner ha ha
  • DCFC79
    DCFC79 Posts: 40,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    turfey21 wrote: »

    So do you all think it is possible to get finance for a working livery yard that can show it earns money each month etc. I have had 50% of people saying yes and the other 50% saying no and now I am trying to nail down somewhere where I can go and speak to them and possibly get funding in place so I know where I can look

    we cant tell you if its possible if you can get the finance for it, best way to find out is to ask the banks
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Why would you want to saddle yourself with debt?
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • turfey21
    turfey21 Posts: 107 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    KingElvis - I was after advice on here as to what direction to point myself in, it is merely your personal opinion that I would be getting into debt although I doubt no pun was intended by the saddle part :rotfl:

    It is a good investment and I will continue to search although NFU seem to be very helpful.

    Thanks all
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    ^^ I just couldn't resist the joke...sorry

    You know what they say though, a foal and his money is soon parted.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • turfey21
    turfey21 Posts: 107 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I was waiting for someone to say that :-)
  • KingElvis wrote: »
    Why would you want to saddle yourself with debt?

    Quality KE. :) I suspected this thread wouldn't remain too serious furlong.
    “In any moment of decision the best thing you can do is the right thing, the next best thing is the wrong thing, and the worst thing you can do is nothing at all.” - Roosevelt
  • KingElvis
    KingElvis Posts: 4,100 Forumite
    Quality KE. :) I suspected this thread wouldn't remain too serious furlong.

    As long as the op comes from a stable relationship, hay, let them go for it.
    "We want the finest wines available to humanity, we want them here, and we want them now!"
  • CHR15
    CHR15 Posts: 5,193 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    The maine thing is galloping over the financial hurdles, no-one simply hands you big G's without reigning...aaaaahhh whats the point??.......
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