No it would be purely for agri purposes...I don't think it would ever get planning.Are you buying the land to use as agricultural land or with the future intention of building on?
Did you ask your lender if you could remortgage your home?
The switcher market is dead, but if you had a low LTV after the cost of the land, you might find a lender.
Brendan
No it would be purely for agri purposes...I don't think it would ever get planning.
No I didn't PTSB said they are not lending for anything that does not involve building on so I presumed that included remortgage. We need about 25000 so I was thinking of the local CU we save there every month but wouldn't have half of that in saving with CU.
No it would be purely for agri purposes...I don't think it would ever get planning.
No I didn't PTSB said they are not lending for anything that does not involve building on so I presumed that included remortgage. We need about 25000 so I was thinking of the local CU we save there every month but wouldn't have half of that in saving with CU.
How much do you have in the Cu? Could you not use those savings and get an unsecured term loan from PTSB for the rest of the money you need?
How much savings in total have you got that you are prepared to put towards the purchase of the land? 10000
How much is the land likely to cost you?.35000
Remember you will have legal and registration fees etc. Is this based on value of the land? Anyone idea how much
How much of an income would you get if you let the land on a 7 year lease so as to defray the repayments?.
What is your total mortgage repayments at the moment and what is the nett household income?. 550 repayments and 3300 for income
I assume you are married and you probably are not a farmer. Correct! My husband is a farmer currently farming on a free lease
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