Mortgages for farmers and crofters
Mortgages for farmers and crofters
Farmers and crofters often have income that varies from year to year and may combine farming with other work. Tony helps you understand how lenders may view your income and compares options from over 100 lenders.
Talk to TonyAt a glance
- Advice for farmers and crofters
- Access to 100+ lenders and around 28,000 deals
- Rated 5.0 from 235+ Google reviews
Your home may be repossessed if you do not keep up repayments on your mortgage.
There may be a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.
How Tony can help farmers and crofters
Variable farm income, diversification and rural property can all affect how lenders assess you. Tony helps you present it clearly.
What lenders may look at
- Lenders usually ask for accounts or tax calculations covering a period of time.
- Some lenders average income over more than one year.
- Crofts and agricultural property can carry restrictions, so lender choice matters.
- Income from more than one source needs to be evidenced for each.
Meet your adviser
Hi, I'm Tony Flynn
I'm a mortgage and protection adviser based in Carluke, helping people across Lanarkshire and Scotland.
I've spent 15+ years in finance and have been named Mortgage Professional of the Year at the Prestige Awards Scotland five years in a row. I'll explain your options in plain English so you know exactly where you stand.
Farmers and crofters mortgage questions
How do lenders assess farm income?
Lenders usually ask for accounts or tax calculations covering a period of time, and some average income over more than one year. Tony can explain what you may need.
Can I get a mortgage on a croft or agricultural property?
Some lenders have restrictions on crofts and agricultural property, so options can be limited. Tony can check which lenders may suit your property.
I have income from farming and another job. Does that help?
Some lenders may consider more than one income source, depending on how you can evidence each. Criteria vary.
Do you charge a fee for mortgage advice?
There may be a fee for mortgage advice. The amount depends on your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed. We will explain this before you commit.
Can you help with protection as well as a mortgage?
Yes. Tony can also advise on life insurance, critical illness cover and income protection alongside your mortgage.
Related pages
More advice for people in similar situations.
Ready to talk it through?
A quick chat with Tony is a good first step. No jargon, no pressure.
Talk to Tony