Business loans, 100% government backed,

milkloss

Member
Livestock Farmer
Location
East Sussex
Yes me too. Applied Friday and in today, with NatWest.

Probably should have applied for more but its more security for us in case there's a wobble on the way..... don't have an overdraft.
 

S J H

Member
Livestock Farmer
Location
Bedfordshire
There are number available, or there was prior to CV in some run down places. He's been buying them for 10 years or so now mostly at auctions. Normally you have to gut them and do a full refurb but he said this one was done not long ago and the sellers wanted a quick sale due to job losses which is going to be a common thing moving forward. As said he's bought it privately and its in Notts somewhere.

I'm no liberal but, there's something wrong, when someone needs to sell their house, to someone who pays with government backed money.

I hope they can sleep well.
 
Last edited:

DaveGrohl

Member
Mixed Farmer
Location
Cumbria
I'm no liberal but, there's something wrong, when someone needs to sell their house, to someone who pays with government backed money.

I hope they can sleep well.
Er, I understand your indignation, but it's a loan. How many times has this to be pointed out? His bank manager was fully informed and happy so what's the actual issue? Are you suggesting the previous owners would've preferred it if no one offered to buy it? They sound like they were glad to sell.
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 116 38.4%
  • Up to 25%

    Votes: 115 38.1%
  • 25-50%

    Votes: 42 13.9%
  • 50-75%

    Votes: 6 2.0%
  • 75-100%

    Votes: 5 1.7%
  • 100% I’ve had enough of farming!

    Votes: 18 6.0%

Expanded and improved Sustainable Farming Incentive offer for farmers published

  • 210
  • 1
Expanded Sustainable Farming Incentive offer from July will give the sector a clear path forward and boost farm business resilience.

From: Department for Environment, Food & Rural Affairs and The Rt Hon Sir Mark Spencer MP Published21 May 2024

s300_Farmland_with_farmFarmland_with_farmhouse_and_grazing_cattle_in_the_UK_Farm_scene__diversification__grazing__rural__beef_GettyImages-165174232.jpg

Full details of the expanded and improved Sustainable Farming Incentive (SFI) offer available to farmers from July have been published by the...
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