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farmer looking for small mortgage

  • 12-12-2016 3:03pm
    #1
    Jimbob91
    Registered Users, Registered Users 2 Posts: 20 ✭


    So heres my position.

    25,full time farmer and part time student

    inherited 70 acres farm.

    selling 45k worth of stock next year to fund a house

    house is 85k +30k to spend on it. =115k

    selling 10acres of land hoping for 45-50k

    looking for 25 to 30k from boi.

    is this attainable with low income. Ie 15k in grants and 130 a wk on farm assist.

    would use land and machinery as security.

    any advice much appreciated


Comments

  • #2
    Bank of Ireland: Sarah
    Closed Accounts Posts: 1,640 ✭✭✭Bank of Ireland: Sarah


    Jimbob91 wrote: »
    So heres my position.

    25,full time farmer and part time student

    inherited 70 acres farm.

    selling 45k worth of stock next year to fund a house

    house is 85k +30k to spend on it. =115k

    selling 10acres of land hoping for 45-50k

    looking for 25 to 30k from boi.

    is this attainable with low income. Ie 15k in grants and 130 a wk on farm assist.

    would use land and machinery as security.

    any advice much appreciated
    Hi Jimbob91, 

    Thanks for getting in touch with us here on Boards. 

    Each Mortgage application would be considered on a case by case basis. We would certainly be happy to request a Mortgage Advisor to contact you to discuss this further. 

    If you would like us to arrange this, please send me a private message here with your name and contact number. Please click on the link in my signature below to send a private message (you may need to check that signatures are set to display in your own Boards settings).

    Thanks,
    Sarah


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