- Location
- Ceredigion, wales
Ah but if like me you had borrowed substantially to expand in order to create employment for family members the last thing you would want is a huge drop in land values. I'm afraid the ending of sfp/bsp would hit some of the more forward thinking among us hardest. Those who have been born with a silver spoon in their mouth will be ok in any case.I don't know many young people relying on SFP, most have diversified as they can't afford to get on the ladder. I only claim on 20 acres of ground which we own, everything else is just on grazing license.
In my opinion losing SFP would help reduce stupid rents. I tried to rent 200 acres of grazing a few years back, it was flood plain so not worth a lot, but I'd have had to paid out near £20k rent in April only to claim it back in December. That's a lot to finance to get bugger all back.