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Discussion in 'Tenant Farming, Subsidies, BPS & Legal Issues' started by deereman1, Dec 30, 2018.
hi when the best time to sell entitlements
Any idea what they making
Any time from the start of January and value 1.5 to 2 times face value is what I was quoted
i have 6 to sell
I have some to sell as well
Open bidding with £?
Make me an offer ,
Scottish ones are they?
Just suggested as people may get an idea what their worth or what you want for them.
Yes Scottish ones
Is there a site or perhaps a media outlet where those who wish to buy and sell Entitlements can do so, without involving agents, and their fees?
i've loaned and bought entitlements on here
Yes I sold more than half my retirement entitlements on here last year to 3 forum members. Use the PM facility for communication. The RPA on line transfer system works well and takes a couple of minutes.
I did use a local agent for the remainder who was reasonable at 7.5 % and did get the best gross value so little difference in net price. However some of the agents fees quoted were eye watering.
If buying you do need assurance the entitlements have been used in accordance with the rules so no danger of them being clawed back by the RPA.
Thank you for that spin cycle and 2tractors. The entitlements have been used correctly, and I'm selling, obviously. The tenancy has been brought to a close by the Landlord - they have voiced an interest in them, but considering how they conduct themselves, there's a question of trust, and from here, there is none - at all.
2tractors - what are retirement entitlements - - or is that just a description which you've given them?
I used an agent to handle the sale of mine for a fixed fee as I already had a buyer. The agent's fee worked out at £2.83 per entitlement. This included advice on the price that could be expected.
Yes just my description, like you I was leaving a tenancy and the new tenant didn't require them.
Seeing entitlements will be going down in value year on year by anything from 10 to 90% it’s a bit of a gamble to pay much more than than the current face value I would think.
If the government lose the vote on taxation in the event of a no deal Brexit then there won't be any money to pay it!!