America's largest farmland owner (242,000 acres)

SRRC

Member
Location
West Somerset
Not hers personally though. The Crown Estate belongs to the nation, not Her Majesty. I think the Aussies might have something to say about the matter too.
The Crown Estate belongs to the reigning monarch 'in right of The Crown', that is, it is owned by the monarch for the duration of their reign, by virtue of their accession to the throne. But it is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch.
It's a sort of in between entity where the surplus goes to the treasury which in turn funds the Sovereign Grant (in essence the monarch).
TCE is not allowed to borrow, thus in 2015 when they wanted to get further into high street retail (!) they had to sell something, that's when the farms started to go.
No politician would dare touch it while Liz is alive but when Charlie is crowned all bets will be off, in the 2019 accounts it was valued at £15 billion, that'll fill a little of the Covid shaped hole in the budget.
 

glasshouse

Member
Location
lothians
The Crown Estate belongs to the reigning monarch 'in right of The Crown', that is, it is owned by the monarch for the duration of their reign, by virtue of their accession to the throne. But it is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch.
It's a sort of in between entity where the surplus goes to the treasury which in turn funds the Sovereign Grant (in essence the monarch).
TCE is not allowed to borrow, thus in 2015 when they wanted to get further into high street retail (!) they had to sell something, that's when the farms started to go.
No politician would dare touch it while Liz is alive but when Charlie is crowned all bets will be off, in the 2019 accounts it was valued at £15 billion, that'll fill a little of the Covid shaped hole in the budget.
Classic
The crown estate sells land to buy shops
Doh
 

glasshouse

Member
Location
lothians
The Crown Estate belongs to the reigning monarch 'in right of The Crown', that is, it is owned by the monarch for the duration of their reign, by virtue of their accession to the throne. But it is not the private property of the monarch - it cannot be sold by the monarch, nor do revenues from it belong to the monarch.
It's a sort of in between entity where the surplus goes to the treasury which in turn funds the Sovereign Grant (in essence the monarch).
TCE is not allowed to borrow, thus in 2015 when they wanted to get further into high street retail (!) they had to sell something, that's when the farms started to go.
No politician would dare touch it while Liz is alive but when Charlie is crowned all bets will be off, in the 2019 accounts it was valued at £15 billion, that'll fill a little of the Covid shaped hole in the budget.
I seem to remember the crown estate were evicting whole villages to sell them off about 2015 too.
 

SRRC

Member
Location
West Somerset
Pretty much all of the Crown Estates around here, agricultural and residential, have now been sold. No one has been "kicked out" or "evicted", all the existing tenancy agreements have been honoured and continue to be.
Most residential was offered to the tenant initially. Some farms were but not all.
I seem to remember the crown estate were evicting whole villages to sell them off about 2015 too.
Perhaps you might share with us your source and any first hand info you have.
 

Brisel

Member
Arable Farmer
Location
Midlands
I was about to call "bullsh*t" but did a bit of Google searching. The Crown Estate has sold a lot of housing & there is lots of publicity about "evictions." What they don't say is that leases were just not renewed in many cases which is somewhat different. How many were actually terminated is not clear from the articles I read. They just get a higher value with vacant possession, though short term tenancies should not reduce the value by much - the buyer just wanted a cleaner start.
 

glasshouse

Member
Location
lothians
I was about to call "bullsh*t" but did a bit of Google searching. The Crown Estate has sold a lot of housing & there is lots of publicity about "evictions." What they don't say is that leases were just not renewed in many cases which is somewhat different. How many were actually terminated is not clear from the articles I read. They just get a higher value with vacant possession, though short term tenancies should not reduce the value by much - the buyer just wanted a cleaner start.
Not like you to hold back😜
Non renewal of a lease where the tenant wishes to remain is an eviction.
Pure and simple
The people i was in contact with had lived in the village for over twenty years and had no hope of affording to buy.
 
Not like you to hold back😜
Non renewal of a lease where the tenant wishes to remain is an eviction.
Pure and simple
The people i was in contact with had lived in the village for over twenty years and had no hope of affording to buy.
Non renewal of lease is initial contract has come to a end and one or the other parties has chosen not to renew??
 

SRRC

Member
Location
West Somerset
There were instances round here where the new owner's agents got overambitious and asked big money at renewal time. Most were settled, it also gave tenants an opportunity to buy their house or holding.
A long way off mass evictions.
 

SRRC

Member
Location
West Somerset
I was about to call "bullsh*t" but did a bit of Google searching. The Crown Estate has sold a lot of housing & there is lots of publicity about "evictions." What they don't say is that leases were just not renewed in many cases which is somewhat different. How many were actually terminated is not clear from the articles I read. They just get a higher value with vacant possession, though short term tenancies should not reduce the value by much - the buyer just wanted a cleaner start.
In this area The Crown Estate sold most as a job lot, vacant possession was not sought pre sale.
 

glasshouse

Member
Location
lothians
There were instances round here where the new owner's agents got overambitious and asked big money at renewal time. Most were settled, it also gave tenants an opportunity to buy their house or holding.
A long way off mass evictions.
Where did i mention farms?
It was a village eviction i mentioned
 

SFI - What % were you taking out of production?

  • 0 %

    Votes: 102 41.5%
  • Up to 25%

    Votes: 90 36.6%
  • 25-50%

    Votes: 36 14.6%
  • 50-75%

    Votes: 5 2.0%
  • 75-100%

    Votes: 3 1.2%
  • 100% I’ve had enough of farming!

    Votes: 10 4.1%

May Event: The most profitable farm diversification strategy 2024 - Mobile Data Centres

  • 813
  • 13
With just a internet connection and a plug socket you too can join over 70 farms currently earning up to £1.27 ppkw ~ 201% ROI

Register Here: https://www.eventbrite.com/e/the-mo...2024-mobile-data-centres-tickets-871045770347

Tuesday, May 21 · 10am - 2pm GMT+1

Location: Village Hotel Bury, Rochdale Road, Bury, BL9 7BQ

The Farming Forum has teamed up with the award winning hardware manufacturer Easy Compute to bring you an educational talk about how AI and blockchain technology is helping farmers to diversify their land.

Over the past 7 years, Easy Compute have been working with farmers, agricultural businesses, and renewable energy farms all across the UK to help turn leftover space into mini data centres. With...
Top