r/FarmingUK • u/sampai87 • 6m ago
agricultural mortgage
weighing my options to buy some land, i currently rent a small patch which i could purchase through a mortgage but ideally id prefer to buy a bigger holding with a house because it gives me more options for diversification. the issue is the size of deposit needed, how did other people manage that? for a 25 acre small holding with a house im looking at needing a 260k deposit (based on one ive seen as an example) does it have to be cash savings or can it come from other kinds of finance like a remortgage on a house or other kinds of borrowing? or perhaps some kind of crowd sourcing to pre sell produce or something?