Buying Land

[NateSquir]

Hi there,

Does anyone have any tips or advice for someone looking to buy some land to enter into farming? I understand there are the more conventional methods, ie estate agents etc but a lot of the land on those sites are priced to their maximum with little room to negotiate.

Also, I have come across a few places of pure agricultural land with no buildings, is it likely to get planning permission on such a place or is that completely dependent on local authorities?

Any tips or advice would be greatly appreciated.

Thanks

 

[steveR]

First question will be whats your budget, and what sort of farming do you envisage?

 

[NateSquir]

First question will be whats your budget, and what sort of farming do you envisage?

If we were to stretch to a maximum it would be £300,000 but ideally would like to keep it under that as we would still need to buy additional parts once we have the land. And we're looking into regenerative farming, pastured raised livestock and specialising in rare breed animals.

 

[ARW]

Just a heads up, rare breeds are rare for a reason, they make no money

 

[NateSquir]

Just a heads up, rare breeds are rare for a reason, they make no money

Yeah, we had thought of that, which is why it wouldn't be our main thing but if it's not even worth trying then that's good to find out beforehand so thank you!

 

[Farmer_Joe]

You should get permission for a building no problem if you get a decent chunk in fact here it’s permitted development. I would wait till after brexit land values do not represent there potential to generate revenue hopefully after brexit this may change a little.

 

[curlietailz]

Instead of tieing all your capital up in buying land how about finding a farm/land to rent

Rents for pasture land is probably in the £50-150/acre per year region depending where you are and if there are buildings
Or find a farmer who’s willing to share with you.... ie you bring the stock, and do the work and the farmer provided the land and you share the profits if there are any

If £300k is your budget you probably won’t Manage to buy enough land, buy the stock, pay all the bills , electric, insurance, farm assurance!, vets bills, knacker bills, and cash flow long enough to see progeny to sell
IMHO

Hi there,

Does anyone have any tips or advice for someone looking to buy some land to enter into farming? I understand there are the more conventional methods, ie estate agents etc but a lot of the land on those sites are priced to their maximum with little room to negotiate.

Also, I have come across a few places of pure agricultural land with no buildings, is it likely to get planning permission on such a place or is that completely dependent on local authorities?

Any tips or advice would be greatly appreciated.

Thanks

 

[Still Farming]

Location may help you too???

 

[NateSquir]

You should get permission for a building no problem if you get a decent chunk in fact here it’s permitted development. I would wait till after brexit land values do not represent there potential to generate revenue hopefully after brexit this may change a little.

Okay thank you!

 

[NateSquir]

Location may help you too???

Cambridgeshire / Suffolk

 

[NateSquir]

Instead of tieing all your capital up in buying land how about finding a farm/land to rent

Rents for pasture land is probably in the £50-150/acre per year region depending where you are and if there are buildings
Or find a farmer who’s willing to share with you.... ie you bring the stock, and do the work and the farmer provided the land and you share the profits if there are any

If £300k is your budget you probably won’t Manage to buy enough land, buy the stock, pay all the bills , electric, insurance, farm assurance!, vets bills, knacker bills, and cash flow long enough to see progeny to sell
IMHO

Okay yes that sounds like a good idea, renting could be a good way to build up more experience and capital over time

 

[Yale]

Sounds like a dream which needs a dose of reality.

If you’ve not kept livestock before then a couple of years helping out at weekends as experience on a local suitable farm would be invaluable without committing .

 

[NateSquir]

Sounds like a dream which needs a dose of reality.

If you’ve not kept livestock before then a couple of years helping out at weekends as experience on a local suitable farm would be invaluable without committing .

We have worked on free-range poultry farms both here and in the US (although was only for 3 months there) so we have got a fair amount of experience with poultry, in terms of other livestock this would obviously be a learning experience which is why we'd start small and scale over time as we continue to learn

 

[icanshootwell]

Sounds like a dream which needs a dose of reality.

If you’ve not kept livestock before then a couple of years helping out at weekends as experience on a local suitable farm would be invaluable without committing .

He should ask Kate Humble for some advice, Don,t think farming was a walk in the park as she hoped for.

 

[Derrick Hughes]

I would buy a burger van , you will be poor for the rest of your life else . I know of farms milking 800 cows and they cant pay their Bill's

 

[steveR]

Just a heads up, rare breeds are rare for a reason, they make no money

Ypu can make money, but you need to have your market sorted for the stock or meat... in advance!

 

[steveR]

Cambridgeshire / Suffolk

So big bucks land prices...? I would think that sadly your budget will NOT get you enough land to be a viable farming business. On the other hand if you are looking at a peasant type existence, then OK..... No criticism for anyone who wants that.

Outdoor poultry maybe, but sheds for larger scale production are scarey prices. No doubt it can be done for less... and less profit.

 

[msheep66]

Sell direct to the public is the only way to make money out of farming.

 

[David.]

Jimmy Doherty managed to rent 200ac and start from scratch in Suffolk, look how well he has done...

 

[Derrick Hughes]

Jimmy Doherty managed to rent 200ac and start from scratch in Suffolk, look how well he has done...

Out of farming or his TV show . Dyson as done well too, as well as Prince Charles , farming fun when you play at it