Barn conversions preserve the beauty of the building’s historical features, such as timbered beams, while improving the existing structure. These types of conversions are renowned for making highly attractive and spacious buildings that are popular with buyers. They provide a unique opportunity to create a stunning dwelling that’s both beautiful and practical.
UK Agricultural Finance is ideal for any farmers who has clear plans for renovating and developing agricultural properties, including barn conversions. Our loans can help you get all sorts of projects off the ground in 2020.
Thanks to changes in building regulations, it’s now easier than ever to get permission to convert this type of structure, but it’s not always easy to get the finance you need. Amendments in April 2018, included the allowance of up to five new homes created from existing agricultural buildings rather than the previous maximum of three.
However, it’s still important to research the rules before even considering converting an old barn. Most still require the requisite planning permission before you can go ahead. For instance, permitted development rights for changing the use of agricultural buildings to residential dwellings applies only in England.
Furthermore, since conventional mortgages don’t usually suit conversion projects, our loans can help you release funding at key points in a project.
Whether you’re looking to develop, renovate or repair property for capital appreciation and income generation, UK Agricultural Finance can help.
If you need finance for a barn conversion, simply get in touch today.
01732 252 399.