YOUR LAND MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE
Key Features
- Current Variable Rate is 8.39%
- We’ll consider lending up to four times joint or sole income subject to loan-to-value and an affordability assessment
- You can borrow up to 70% of the woodlands purchase price or current value (whichever is the lower), subject to eligibility
- An early repayment charge may be payable if you repay all or part of your mortgage within the first two years
- Mortgages are available on a repayment basis only
- A non-refundable mortgage application fee of £300 is payable in addition to a mortgage valuation fee
- Our minimum loan amount is £7,000 and our maximum mortgage term is 25 years, subject to eligibility
- Borrowers must be aged 18 or over. This mortgage is only available to UK residents
- Our mortgages for woodland are not regulated by the Financial Conduct Authority.
Our approach to lending
- We are experts in providing mortgages for small woodlands for conservation and preservation purposes
- Our mortgages are available in the UK (England, Scotland, Wales and Northern Ireland).
Our standard of service
Where a mortgage is not regulated by the FCA (as shown on the 'Key features' tab), you will be provided with full information about the mortgage products available from the Society so that you can make an informed decision as to which is suitable for your requirements.
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Customer project
Nina & Phil’s Story: Big Love For A Smallholding
Project type: Woodlands
Frustrated by the ethos and stresses of many modern businesses, Nina and Phil wanted to do things differently. Their dream of running a sustainable, low-impact smallholding began in 2007. After viewing several parcels of land, the couple identified an inspiring fifteen-acre plot high above the town of Silsden in West Yorkshire. Approaching ...
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Rated as an ethical Best Buy for our mortgages and savings
