couple nice farms for sale in aberdeenshire

sheepwise

Member
Location
SW Scotland
If you take the smallest one 477 acres 2.5m. Pay interest only at 5% that's 125k per year.£262 per acre. I'm going to stop there!
If you are a gambling man you could get that money on a variable rate at 2.5%. Makes your payments per acre half what you say and you have a good house in the deal as well. Show the banks a strong set of accounts and a good sensible budget and at least one will back you. Remember it could be worth 4 million in ten years time and even if it's not the likes of AMC won't bother you unless you can't keep up the payments. He who dares wins!
 

hally

Member
Livestock Farmer
Location
cumbria
Not so quiet around here today, they are like a plague of locusts buzzing along the Roman Wall today in their bright cagoule.
 
https://search.savills.com/property-detail/gbfbrufhl180005

One not far from me for sale, it was crown estate, not like them to sell a farm, right in the middle of fochabers estate too. Must be hard up.
Is this not political I read somewhere that Scottish government has just been handed control of the Crown Estate in Scotland but no money was allocated to run it so they are having to sell a farm to get immediate working capital. Presumably future rents will come their way to provide working capital. So another farm lost to the tenanted sector.
 

jamesy

Member
Location
Orkney
I was lusting over a couple of farms round insch/Huntly area in the backend, they were doer uppers really but still seemed like good value for money compared to some.
 
ive never bought land on interest only but rates are low just now
Not saying your wrong in any way but what would be the fall back position if subs go and land values fall?
Can't sell onto a falling market unless you fancy paying off the difference as a lesson learned.
Subs go, total income falls , making payments harder or just take the view that one way or another it will get paid.
 
Not saying your wrong in any way but what would be the fall back position if subs go and land values fall?
Can't sell onto a falling market unless you fancy paying off the difference as a lesson learned.
Subs go, total income falls , making payments harder or just take the view that one way or another it will get paid.
this of course is the risk which will have to be weighed up
 

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