Agricultural mortgages

Agricultural mortgages

Finance for land and buildings

The mortgage designed to help farmers buy farmland, farm buildings or improve your existing farm properties1,2

Home improvements can add significant value to your home. For example, building a 30 square metre extension can give homeowners a healthy return on investment of up to £156,000 in London and an average of £14,000 in the rest of the UK1.

Work on the inside

Improvements to the inside of your home can not only make living there nicer but can also increase the appeal of your property to potential buyers. But when it comes to improving the inside of your home, where should you start?

Add a new bathroom

An extra bathroom could be a strong selling point for your property. You can upgrade your bathroom in small steps: swap a shower curtain for a glass door, add new taps or upgrade an old radiator to a heated towel rail.

Upgrade your kitchen

Buyers will be willing to pay more for a property if it comes complete with a ready-made modern cooking space. An attractive kitchen saves buyers the hassle and expense of redoing the kitchen themselves.

Make space

More space is handy whether you’re moving or improving. If you’re staying, but need more room for a growing family, extending could be cheaper than moving. And, if you’re selling, it’s a good way to boost the value of your home.

Extend out

A 30 square metre extension can add £14,000 to the value of your home, according to Barclays Mortgages and Countrywide 1. When extending your home, opt for a good-sized room that suits the existing style of your home or is bold enough to be a major selling point.

Extend up (or down)

A loft conversion can add significant value to your home especially if you’re creating an extra bedroom – just remember to inform your home insurer of any changes and to research if you require planning permission. Basement conversions are also a smart solution for smaller properties.

Update the layout

Removing or moving internal walls can make a big difference to the value of your property and may not cost as much as heavy-duty improvements such as extensions. However, moving load-bearing walls may prove more costly.

Improve the outside

Spruce up the garden

Building an extension that drastically reduces your garden space isn’t always the best option. Instead invest in your garden with small but significant improvements such as outdoor lighting or decking. A well-manicured garden came top of the list for desirable exterior features in research by Barclays Mortgages 2.

Convert the garage

If you don’t use your garage for parking your car, you could add value to your home by converting it into a living space. A home office, games room, kids’ room or home gym are all good options.

Don’t forget first impressions count

You live on the inside but the outside is what people see first – and it can make a big difference to how they view your home. The majority of house-hunters take just 10 seconds to decide whether they like a property from the outside and over a third make their decisions purely on a home’s exterior, even if the inside needs some attention 2. As well as a nice front garden, double glazing and a parking space can make the difference while vermin control and unruly gardens can put people off.

Key features and benefits

We've designed this mortgage to be flexible – you choose the length of the term and the type of interest rate. 
Any property used as security, which may include your home, may be repossessed if you do not keep up repayments on your mortgage. 

Capital repayment holiday

Option to take an interest-only period of up to 12 months.

Choose a variable or fixed rate

Fixed interest rates available from 1 to 10 years.

Flexible repayment

Choose your mortgage loan term over a period of 1 to 25 years

How to apply

To find out more, or if you want to apply for a mortgage, speak to a Business Banking Manager at a branch.

To find out whether you're eligible for a commercial mortgage, you’ll need to provide the following.

  • Three full years' audited or certified accounts plus current management figures (if produced)
  • Two months' bank statements
  • Assets and liabilities statement
  • Last three months' payslips and latest P60 (employees only)

What you need to know

  • Borrow up to 80% of the value of farm buildings or land
  • Choose repayments to suit your business cashflow, either monthly, quarterly or annually
  • If you take the interest-only period, interest will be charged to you current account
  • Choose a variable or fixed-interest rate, with the option to change your selection during the mortgage term
  • Fixed rate terms are available from 1 to 10 years
  • Lending fees and associated borrowing costs apply and can be added to the loan
  • Prepayment fees may apply if you repay all or part of your loan before the expiry of the agreed term
  • For fixed rate loans, if you decide to pay early or cancel the fixed interest rate, you may have to pay breakage cost in addition to other fees such as prepayment fees
  • You can choose to use enact, our chosen provider for preferential rates and fixed price conveyancing

Ready to apply or want to find out more?

Call us

Call us on 08005154624

Commercial mortgages

Commercial mortgages built around you

Whether you need to buy a new building or release equity from your existing one, a commercial mortgage could be the answer2.

Property finance and investment

Talk to our expert team about your property development and property investment needs. We offer a wide range of financial support options 3.

Business loans

Boost your business with a loan up to £25,000

 

9.9% representative APR

on loans of

£1,000 – £25,000