Success stories
Agricultural Tie Solved
An agricultural tie and probate pressure didn’t stop Bricks finding a fast solution for a Devon family.
When funding was needed to complete the purchase of a family bungalow which was subject to an agricultural tie, Bricks was able to utilise a historic valuation (undertaken for probate purposes) and fund the transaction quickly, as a swift completion was crucial to the success of the deal.
Subsequently, the new owners gained planning permission to remove the agricultural tie and refinanced the property onto a long term buy-to-let mortgage.
Owners Alan and Felicity said: “There were a number of potential pitfalls with our application – probate, agricultural tie, time pressures – but Bricks and their lawyers made the whole process very straightforward. Thank you Bricks”.
When funding was needed to complete the purchase of a family bungalow which was subject to an agricultural tie, Bricks was able to utilise a historic valuation (undertaken for probate purposes) and fund the transaction quickly, as a swift completion was crucial to the success of the deal.
Subsequently, the new owners gained planning permission to remove the agricultural tie and refinanced the property onto a long term buy-to-let mortgage.
Owners Alan and Felicity said: “There were a number of potential pitfalls with our application – probate, agricultural tie, time pressures – but Bricks and their lawyers made the whole process very straightforward. Thank you Bricks”.
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Experience, standing by you
Founded in 2014 with over 90 years of combined property, finance and legal expertise, the Bricks Finance team help local people to access finance easily and quickly by offering bespoke lending using their own funds as well as those from investors.
