BPS reduction = rent reduction

Greedy

Member
Location
Warwickshire
Have RPA or Government announced the BPS reduction rate over the whole period 2022-2027? I’ve got the 2021 reductions.
I’m really struggling with rent figures for rent review!
My gut says 12% reduction per year!
I think that works a £150/ac rent in 2020 to £54/ac in 2028!
Too much or too little?
 

B'o'B

Member
Arable Farmer
Location
Rutland
Have RPA or Government announced the BPS reduction rate over the whole period 2022-2027? I’ve got the 2021 reductions.
I’m really struggling with rent figures for rent review!
My gut says 12% reduction per year!
I think that works a £150/ac rent in 2020 to £54/ac in 2028!
Too much or too little?
All we know is next years reductions and that it will be nothing in 2028. Nothing else has been announced.
 

Goweresque

Member
Location
North Wilts
I think there's supposed to be some sort of Defra announcement in September setting out a road map for the transition from BPS to ELMS, so if you can wait until then you may have a better idea of how things will pan out.
 

farmerm

Member
Location
Shropshire
1598023984048.png


Whilst if on £40k you might see.....


2020​
40​
2021​
36​
2022​
36​
2023​
36​
2024​
36​
2025​
36​
2026​
36​
2027​
36​
2028​
0​

It is more likely to be something like this...


2020​
40​
2021​
36​
2022​
31​
2023​
26​
2024​
21​
2025​
16​
2026​
11​
2027​
6​
2028​
0​
 

Brisel

Member
NFFN Member
Location
Midlands
Well good luck with getting your landlords to reduce the rent !!

Can't see that happening.

Once the Agriculture Act 2020 gets Queen's Assent and becomes law then IMO it's time to start service rent review notices. We will have more certainty of the tapering off. Of course landlords won't want to reduce them. That's what negotiations are for.

I intend to propose a sliding scale of rent that reduces by half the reduction in BPS to share the pain. Not that I have any of these, but an AHA rent of below the current BPS rates won't have the same decrease rates.

The devil for many will be capping. A 100 acre FBT as part of a much larger holding will have a much higher cap than as part of a smaller holding and I don't see the landlords giving the bigger units much sympathy when they could let it to a smaller one less affected by the cap. It's only for a few years anyway so perhaps I'm overthinking this.
 

silverfox

Member
Location
Shropshire
Put it another way... a 150ha farm will need to do the equivalent of sacking a full time member of staff! To play devils advocate, I don't see why tenants should have their BPS income loss offset by reduced rents, those of us owner occupiers will not be so cushioned :rolleyes:
We are 160 ha, but can’t afford a member of staff. :(
I’ll swap you the rent we pay every 6 months for a paid for owner occupied farm if you like:unsure:
 

bobk

Member
Location
stafford
We are 160 ha, but can’t afford a member of staff. :(
I’ll swap you the rent we pay every 6 months for a paid for owner occupied farm if you like:unsure:
Was thinking about your scenario t'other day , I'd be happy to rent if it's as good a ground as yours .
Remember also , you spend your life paying for a farm then you have to get rid of it without the govt dipping it's fingers in .
 

Brisel

Member
NFFN Member
Location
Midlands
Was thinking about your scenario t'other day , I'd be happy to rent if it's as good a ground as yours .
Remember also , you spend your life paying for a farm then you have to get rid of it without the govt dipping it's fingers in .

I can think of bigger problems than that :)
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

court-640x360.jpg
A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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