A family with a pick up truck and a cow
Buying farmland is a hurdle too high for most young farmers and new entrants. The average acre of land costs four times what it did in 2003, meaning most will only ever work in agriculture, rather than own their own unit. For those who do target ownership, a mortgage is the most likely solution for them to be able to realise their ambition. But with small starter farms costing upwards of £700,000 and a typical agricultural mortgage offering 60% loan […]