A succession of an AHA tenancy will also provide the landlord with 100% APR from inheritance tax. Therefore make sure that your parent’s tenancy does not have rights of succession. Also look at the option of a surrender and regrant of the existing tenancy followed by an assignment to the next...
Much will depend on the specific wording of the tie. It might simply say that occupiers have to be working in agriculture which would be fine in your case. If the tie said “full time” in agriculture then you might struggle.
Just to say that if the landlord is a Parish Council the tenancy would not be excluded from Statutory Succession subject to the usual qualifying criteria.
You do need to be careful not to sign away your rights in relation to the AHA tenancy or having the BPS entitlements removed from you without proper advice.
Sorry for the delay in responding. Adverse possession is not going to work I am afraid as you would have to show that you have been occupying without force, permission or secrecy and you have been claiming to be on the land by permission ie through a tenancy. The crux of this matter is whether...
Nearly, seven years is merely the length of term which requires the tenancy to be registered with the Land Registry. Sadly, Stamp Duty Land Tax applies whatever the length of term but subject to an exemption for the first £150,000 of the net present value of the rent payable over the term of...
This site uses cookies to help personalise content, tailor your experience and to keep you logged in if you register.
By continuing to use this site, you are consenting to our use of cookies.