AMC

Supporting British Farming since 1928

In 1928 there was a crisis in farming, with too few people owning land - AMC was created to help get the UK farming again.

Down to earth

The Agricultural Mortgage Corporation – AMC – was created to revitalise land ownership to get a new generation of farmers onto their own land and farming to feed the nation. Following the social changes that took place after the First World War, Government identified a need for long term finance in the agricultural industry to satisfy an investment demand - not least of which was to fund the purchase by tenants of the farms they rented. As a result, the Government set up The Agricultural Mortgage Corporation on 12th November 1928 under the Agricultural Credits Act 1928. 

Initially owned by the Bank of England, AMC provides long term mortgages for land and redeveloping farming and rural based businesses.

AMC

In it for the long term

There are few better examples of how Lloyds Banking Group is helping Britain prosper. Over 85 years of supporting UK farming with mortgages tailored to the specific needs of agriculture and rural business.

Built on enabling land purchase, AMC has grown to support expanding equipment, milk quotas, and work on new and refurbished buildings – helping develop a farming business. Modern farming increasingly means investments in irrigation, wind-turbines or bio-fuels, and AMC are on-hand to help with financing the development of the modern rural economy.

Farmers are now more and more involved in taking their own products to the consumer, with the renewed food culture that emphasises the provenance of the food we eat.  Farmers are increasingly setting up farm shops and local organic produce delivery services to take their produce to the customer. AMC are delighted to offer mortgages to develop this aspect of modern farming.

Part of the community

In a Group of the scale of Lloyds Banking Group, AMC is an example of a brand in the portfolio that is focussed on the specialist needs of a group of customers, with the products, expert teams and culture to perfectly fit those needs.

Land is perhaps the most precious resource for farmers, and AMC help rural businesses to own and develop that resource across generations.

To find out more about AMC and its full range of products visit the website.