Farmland Acquisition Loan for a Neighbouring Field Purchase in Lincolnshire
£480,000 · 20 years · 5.75% fixed 5 yrs. An arable farmer in Lincolnshire had the opportunity to purchase a neighbouring 65-acre field when the adjoining landowner retired.
The Client
Arable farmer in Lincolnshire
The Challenge
An arable farmer in Lincolnshire had the opportunity to purchase a neighbouring 65-acre field when the adjoining landowner retired. The land was grade 2 arable - highly productive - and rarely came to market. Acquiring it would increase the farm's total acreage by 30% and allow better rotation planning. The purchase needed to complete quickly before the land went to open market.
Our Solution
Doulton arranged an agricultural mortgage within three weeks of instruction - fast enough to beat the open market timeline. The existing farm's strength as security, combined with the high quality of the land being purchased, supported a competitive rate. The 20-year term kept repayments manageable alongside existing farm commitments.
The Outcome
Land purchased before it reached the open market. Farm acreage increased by 30%. The additional rotation options have improved average yield per acre across the whole farm. The land purchase price represented exceptional value versus open market comparables. Key highlights: Completed in 3 weeks - beat open market timeline; Grade 2 arable - strong land quality supported competitive rate; 30% acreage increase - improved whole-farm rotation and yield.