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Farm Building and Infrastructure
Rural Diversification
Holiday Let
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<blockquote data-quote="SilliamWhale" data-source="post: 7547385" data-attributes="member: 1232"><p>Rough figures:</p><p></p><p>It will cost you at least £150k to do up. Farmers can find a way of saving here and there but costs are going up a lot now</p><p></p><p>Plan on it bringing in 20-25k per annum net.</p><p></p><p>Its not a money spinner but it would be a good pension and a top up income. You should be able to get £8-10k in your pocket after loan and costs etc.</p><p></p><p>Will you definitely be able to get a loan for it in advance as a lot of banks would not want to lend for 25 years for a building not built yet.</p></blockquote><p></p>
[QUOTE="SilliamWhale, post: 7547385, member: 1232"] Rough figures: It will cost you at least £150k to do up. Farmers can find a way of saving here and there but costs are going up a lot now Plan on it bringing in 20-25k per annum net. Its not a money spinner but it would be a good pension and a top up income. You should be able to get £8-10k in your pocket after loan and costs etc. Will you definitely be able to get a loan for it in advance as a lot of banks would not want to lend for 25 years for a building not built yet. [/QUOTE]
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