With rural business mortgages, we can finance the bricks and mortar, & the fixtures, fittings, goodwill & stock too!

Rural Business Mortgages

As independent agricultural and rural finance brokers, we have ready access to all the trading business mortgage lenders that wish lend, whether that’s £50,000 or  £10 million. We’re able to access for our clients the most competitive rates in the market with terms up to 30 years.

If you’re buying an existing business, whether that’s trading or not we can help finance not just the bricks and mortar, we can also help you to buy the fixtures and fittings, goodwill and stock too!

Many businesses are sold as a going concern with customers, a good reputation and sales from day one. A trading business mortgage gives the buyer the ability to raise larger amounts of money compared to buying the building alone.

Rural business mortgages, how much can I borrow?

Typically a rural business mortgage will be up to 75% loan to value (LTV) of the open market value (OMV) of the property, fixtures, goodwill and stock.

The majority of Lenders will consider commercial properties with either Freehold or a long Leasehold.

Properties with a short leasehold may be more difficult to secure funding on.

As a long-term product, trading business mortgages are highly competitive with a choice of fixed-rate and variable-rate terms.

Rural business mortgages are typically used for

• Management buyouts (MBO)

• Management buy-ins (MBI)

Capital Allowances Tax Relief

Capital Allowances tax relief offsets the hidden expenditure in your commercial property. Typically, this includes elements such as air conditioning, wiring, heating, lighting and security systems – essentially everything that would remain in the building if you tipped it upside down!

All UK taxpayers that own commercial property, personally or within an Ltd Company, may be eligible to claim Capital Allowances tax relief. The eligibility and value of the claim depends on multiple criteria and assessing this can be complicated, however, we can take this stress off your hands.

For more information on Capital Allowances Tax Relief, visit Tax Reclaims, a Wattsford Family Brand