Agricultural Tie Mortgages
Agricultural Tie Mortgages – Agricultural tie mortgages are mortgages with restrictions in the mortgage deeds known as agricultural ties. Agricultural tie mortgages usually specify that any purchaser of the land is in agricultural employment or has been in the recent past. There are a number of ways of negating agricultural restrictions. For example, if the land has not been used for agriculture in ten years, the agricultural tie may be able to be set aside. Otherwise, agricultural tie mortgages will be needed.
Properties which require agricultural tie mortgages may require more thought to ensure that you are eligible to buy. However, these properties can represent excellent value if you satisfy the restrictions or are able to negate them. Many buyers are put off agricultural tie mortgages and, as a result, these properties often have favourable asking prices compared with equivalent properties without agricultural restrictions.
At Capital Fortune, we can use our knowledge and expertise of agricultural tie mortgages to help you secure your ideal package. We have access to niche lenders of agricultural tie mortgages and offer personalised advice to ensure that we recommend a suitable and affordable package for your individual circumstances.
Securing agricultural tie mortgages can be a complex process. We save you hassle and time by sourcing the agricultural tie mortgages which best suit you and completing the necessary paperwork. We will re-examine your agricultural tie mortgage when it is eligible for renewal, to ensure you continue to be on the best package.
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The Financial Conduct Authority does not regulate some forms of buy to lets, commercial mortgages, secured loans, unsecured loans, bridging loans, trusts, overseas mortgages, conveyancing or debt management.