Keeping horses can be challenging at times - likewise, funding an equine business can be a challenge too... but it is doable - we help people do it every week.
Finding the right finance is key to long term success (and happiness!).
Like many things, a good plan is the best starting place - if you have one in place you're already in the lead.
If you have a plan you'd like to share with us, we'd be delighted to give you a professional assessment to establish if it's sound enough to secure funding.
If you decide to work with us, we prepare a lending proposal, put it to several appropriate lenders and negotiate the lenders’ rates, fees and terms on your behalf.
And we'll be with you every step of the way from application to completion and can work with your land agents and solicitors to make your funding run smoothly.
Typical equestrian business mortgage terms
- Terms up to 25 years
- Fixed interest rates for up to 25 years
- Bank base rate tracker variable interest rates
- Combined business and household income considered
- Interest-only periods for start-up businesses or new enterprises
- Lump sum reductions with no or minimal early repayment penalties
- Up to 70% loan to value (LTV); 100% mortgage considered with further owned property
- Buying land, property or land-based business, including equestrian tied properties
- Re-mortgaging or consolidating existing debt to allow the business to develop
- Buying out business partners, matrimonial or partnership splits
- Expanding or improving existing stabling or equine facilities
- Building a house on site
- Bridging loans
Equestrian enterprises we've helped
- yards - competition, livery, polo, racing, training
- equestrian tied properties
- cross country courses
- riding schools
Talking to a finance specialist at the start of any project gives you the best chances of success.
We’d love to hear about your project and help if we can.
Call or email to get things moving...
Five things to consider
- Getting a mortgage for a house with a large area of equestrian or agricultural land (usually over 10 acres), stables and/or barns or buildings can be a challenge. Lenders or their valuers will often classify such properties as commercial so a residential mortgage isn't possible.
- Commercial lending is different to residential lending. Rather than a mortgage amount based on salaries, the mortgage amount will fundamentally be calculated on the financial returns from the property – so existing income from liveries, arena hire etc.
- Banks and lenders will want to see a business plan, three years of accounts (if you're buying an established business) or three years of cash flow projections, supported by business and personal bank statements. You can find help for this in our Business Plan Guide and cashflow forecast.
- Achieving a competitive commercial mortgage relies on building the right business case, compiling the right information, and putting it to the right banks or lenders.
- There’s a lot to plan and prepare before you get funding, and it can take considerable time. That’s why we are on hand to help throughout…