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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
2 year FBT on 2.3 acres pasture
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<blockquote data-quote="Jacobus" data-source="post: 6556722" data-attributes="member: 10974"><p>We rent a small paddock adjacent to our land from a water utility company. For this year's renewal there are new land agents involved. I thought I had agreed verbally with the agent a rent of £300pa but the FBT has come through for signing with a rent of £500pa on the FBT but the covering letter asks for £300 cheque for the next year's rent. </p><p></p><p>I have now received a letter from the secretary at the land agents saying sorry but there's a typo in the letter and the rent required is £500. Obviously I think the typo is in the FBT not the letter but before getting on the phone I wondered what would people think would be a reasonable rent.</p><p></p><p>Because of the landlord being what they are there are various restrictions. The land is permanent pasture and must remain as such. We are not allowed to use any chemicals at all or spread any fertiliser. Because there is a lot of pipework under the land we have to allow access to their engineers. On the plus side we get free water.</p></blockquote><p></p>
[QUOTE="Jacobus, post: 6556722, member: 10974"] We rent a small paddock adjacent to our land from a water utility company. For this year's renewal there are new land agents involved. I thought I had agreed verbally with the agent a rent of £300pa but the FBT has come through for signing with a rent of £500pa on the FBT but the covering letter asks for £300 cheque for the next year's rent. I have now received a letter from the secretary at the land agents saying sorry but there's a typo in the letter and the rent required is £500. Obviously I think the typo is in the FBT not the letter but before getting on the phone I wondered what would people think would be a reasonable rent. Because of the landlord being what they are there are various restrictions. The land is permanent pasture and must remain as such. We are not allowed to use any chemicals at all or spread any fertiliser. Because there is a lot of pipework under the land we have to allow access to their engineers. On the plus side we get free water. [/QUOTE]
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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
2 year FBT on 2.3 acres pasture
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