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What sort of loan if any do I need?

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Comments

  • tell_it_how_it_is
    tell_it_how_it_is Posts: 555 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I'm afraid I cannot offer you any viable advice - my knowledge of horses amounts to me regularly losing my dosh on them at the bookies ;) - other than to replicate a very old joke:

    "How do you make a small fortune out of horses?

    Start with a large fortune.”

    Good luck! :)
    “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
  • theoretica
    theoretica Posts: 12,691 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    As you are purchasing land wouldn't a commercial mortgage be worth looking at?
    But a banker, engaged at enormous expense,
    Had the whole of their cash in his care.
    Lewis Carroll
  • geoffky
    geoffky Posts: 6,835 Forumite
    try here

    http://www.google.co.uk/#hl=en&sugexp=kjrmc&cp=32&gs_id=3o&xhr=t&q=setting+up+a+livery+yard+finance&pf=p&sclient=psy-ab&source=hp&pbx=1&oq=setting+up+a+livery+yard+finance&aq=f&aqi=&aql=&gs_sm=&gs_upl=&bav=on.2,or.r_gc.r_pw.,cf.osb&fp=6bc2bd2b04c1d861&biw=1366&bih=580
    It is nice to see the value of your house going up'' Why ?
    Unless you are planning to sell up and not live anywhere, I can;t see the advantage.
    If you are planning to upsize the new house will cost more.
    If you are planning to downsize your new house will cost more than it should
    If you are trying to buy your first house its almost impossible.
  • bailee
    bailee Posts: 5 Forumite
    turfey21 wrote: »
    It is a good investment and I will continue to search although NFU seem to be very helpful.

    What is NFU, and what area of the counrty do you reside.
    paddyrg wrote:
    Where are you based? Be aware agricultural land doesn't have a standard price, it seems to sell for staggeringly wide spread of £3,000 - £30,000/acre, even within a short distance - so the ask price for the land doesn't mean that's it's actual value - can you haggle it down?

    PADDYRG, where can one go to find land price at such cheap value. Not looking for a large place.
  • DCFC79
    DCFC79 Posts: 40,649 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    bailee wrote: »
    What is NFU, and what area of the counrty do you reside.



    PADDYRG, where can one go to find land price at such cheap value. Not looking for a large place.

    I didn't mean for you drag up an old thread, I meant to just read them and as questions in your thread.
  • gb12345
    gb12345 Posts: 3,055 Forumite
    bailee wrote: »
    What is NFU, and what area of the counrty do you reside.

    You want to get into farming and you don't know what the NFU is :rotfl:. I'd rethink my plans if I was you and consider an industry that you actually know something about.

    http://lmgtfy.com/?q=NFU
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