Agricultural mortgages are generally used for financing the purchase or improvement of rural or agricultural property holdings. Generally, mortgages in this sector attract interest rates in the region of 1.5% to 3% above the Bank of England Base Rate, and lenders are willing to lend up to 80% of the property value. Most agricultural mortgage rates will depend on the business experience of the client or potential tenant, as well as the location and type of agricultural property you are looking to buy.