• Welcome to The Farming Forum!

    As part of this update, we have made a change to the login and registration process. If you are experiences any problems, please email [email protected] with the details so we can resolve any issues.

Deeds,land registry, tax

barn606

Member
Hello, have being trying to get a mortgage to build a house on my farm but business mortgages won't touch it as the main income is from a "normal" job
Self build won't touch it unless I reduce the land to the build to nothing / small acres
Land registry won't split off a title anymore unless there is a transfer of ownership (issues with granting rights from myself too myself)
Solicitors has suggested putting the land in a company, waiting to speak too accountant about this but from what I can tell would have to pay stamp and captial gains (about the same as the mortgage in the first place).
Am I missing something or is the system rigged against you unless you have piles of cash lying around
 

How is your SFI 24 application progressing?

  • havn't been invited to apply

    Votes: 28 36.4%
  • have been invited to apply

    Votes: 13 16.9%
  • applied but not yet accepted

    Votes: 28 36.4%
  • agreement up and running

    Votes: 8 10.4%

Webinar: Expanded Sustainable Farming Incentive offer 2024 -26th Sept

  • 2,393
  • 49
On Thursday 26th September, we’re holding a webinar for farmers to go through the guidance, actions and detail for the expanded Sustainable Farming Incentive (SFI) offer. This was planned for end of May, but had to be delayed due to the general election. We apologise about that.

Farming and Countryside Programme Director, Janet Hughes will be joined by policy leads working on SFI, and colleagues from the Rural Payment Agency and Catchment Sensitive Farming.

This webinar will be...
Back
Top