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Agricultural Restriction

Working in horticulture


If there is an agricultural restriction on a property then occupancy will be restricted to people whose main occupation is in some form of agriculture, such as farming or forestry.

This can be either on an employed or self-employed basis and can also apply to those previously in this type of occupation.

It is important that you carefully check the terms of the agricultural restriction before making an application.

Key features of this mortgage

Minimum loan: £25,001
Maximum loan: £500,000
Value of property: Not less than £100,000
Max Loan to Value: 75% of the property value
Current variable rate: 7.19% *
Overall cost for comparison: 7.60% APR *
Portable: Yes
Ages: Min 18 - no maximum
Income capacity: Based on affordability
Valuation fee: Details on request
Property location: England and Wales
Repayment methods: Repayment, interest-only, part & part
Employment categories: Farming, forestry, horticulture, equestrian, etc.
Arrangement fee: £200 payable on completion
Administration Fee: £25
Available for new purchase: Yes
Available for remortgage: Yes
Early repayment charge: For the first 3 years
Deeds Release fee: £50
Redemption fee: £75

* The actual rate payable will depend upon the individual circumstances, please ask for a personalised illustration.

To discuss your client's requirements, either complete our on-line Enquiry form or telephone our Mortgage Department on 01582 765411.

Building insurance cover is required and can be arranged by the Society.

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