Agricultural and Equestrian Lending
The Case
A highly experienced husband and wife team, time served and directly experienced
in horse dressage wanted a lifestyle change from paid employment in the industry
to a new owner managed venture.
The Solution
Valued at £980,000 a mortgage of £686,000 was arranged at 2.25% above bank
base rate on an initial 5 year interest only term whilst the business builds, followed by a further 20 years on capital and interest
terms. A 1.5% arrangement fee was payable.
Introducer Commission
The introducer received £3430 for passing the opportunity to TBMC.