FBT rents going forwards

glasshouse

Member
Location
lothians
before fbts there was still no shortage of those wanting to farm
but a shortage of those willing to loose controll of their land for 3 generations

most ahas in the 3 gen period were between estates and their own in house farming company

3 gen ahas destroyed the land lord tenent system which had mostly local tenents
large management cos came in to farm the land on behalf of the owner sentry velcourt ect being the bigger ones

when fbts came along eventually some estated started letting to locals again

many other fbts are between family members father retires letting to next generation
AHA tenancies have not destroyed anything, its the greed of agents that have caused the trouble
Aha tenancies have reduced the value of land and allowed massive numbers of tenants to buy their farms
Fbt s are not worth having as you have to bid away all the profit
 
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beardface

Member
Location
East Yorkshire
the tenant usually

Tenant claims it, but the landlord takes it in rent. Hence its part of the reason why rental market is hyper inflated. The other being that there's plenty of busy fools, full of vanity, who can cover the eye watering rents with other income. I'd say covid will have a bigger long term effect on the rental market than the loss of BPS.
 

Brisel

Member
Arable Farmer
Location
Midlands
Tenant claims it, but the landlord takes it in rent. Hence its part of the reason why rental market is hyper inflated. The other being that there's plenty of busy fools, full of vanity, who can cover the eye watering rents with other income. I'd say covid will have a bigger long term effect on the rental market than the loss of BPS.

What is your reasoning for a Covid effect on rents? Reduced demand for foods produced? We've certainly seen the malting barley market collapse this year.
 

midlandslad

Member
Location
Midlands
Not much chance of a drop at the mo, everyone is in search of extra land to spread the cost. Not much at sub £150 an acre in Yorkshire apparently for plain arable land
 

Frank-the-Wool

Member
Livestock Farmer
Location
East Sussex
At the present time I would say that FBT rents on permanent grassland in the area we are in need to be very low as there are far too many incalculable issues in the pipeline.
In this area there are blocks of land with no buildings or houses (these have either been sold off or let out for other uses) much of the land has designations on it so cannot be ploughed or fertilised. The condition of the land which becomes available is mostly poor with gates and fencing/ ditches in need of serious maintenance or replacement.
Landlords have often taken any environmental payments and the tenant the BPS.
Looking ahead from a landlords perspective then I guess they will take try to take the land back in hand and claim the ELMS money or whatever there is. Then just give grazing licences for 11 months to anyone who comes up with enough cash.
The fact that the land and boundaries continue to degrade will be of no concern to them.

From a tenants viewpoint, tendering for this type of land with no buildings or even livestock handling facilities with no secure fences or boundaries and grass full of thistles in small fields surrounded by trees, yet an obligation to maintain the land looks incredibly difficult to put a value on unless you are adjoining and can get round the difficulties of poor fences and boundaries.
What public good will this provide apart from at a landscape level?

I am not sure how many people will be lining up to take on this type of land even on a grazing licence?
 

Breckland Boy

Member
Mixed Farmer
Location
Breckland
Land local to me has come up for tender under a grazing licence. it is lowland heath, amounts to 3000 acres ish, carries very little stock and is in an environmental scheme.
To me this land has no agricultural value but its environmental value is huge, hence the payments of a stewardship scheme. To meet the requirements of the scheme it has to be grazed and as such in my opinion would need a payment from the landowner to the grazier.
 
AHA tenancies have not destroyed anything, its the greed of agents that have caused the trouble
Aha tenancies have reduced the value of land and allowed massive numbers of tenants to buy their farms
Fbt s are not worth having as you have to bid away all the profit
Not many tenants round here ever had a chance to buy their farms They were never up for sale

Without fbts the land owners round here would farm all the fbt land and take all the profit
in the 1960 the estate farms were 500 acres or so once 3 gen ahas came along all the tenanted land that was given up was farmed in Hand instead of letting it to tenant farmers as they had for 100s of years
the landowners went from 500 to Between 3000 To 10000 acres
once fbts came along some of these landowners let land

the most efficient system for the land owner is to let the land to a tenant keeping his agents and other cost And risk to a minimum
 

glasshouse

Member
Location
lothians
Not many tenants round here ever had a chance to buy their farms They were never up for sale

Without fbts the land owners round here would farm all the fbt land and take all the profit
in the 1960 the estate farms were 500 acres or so once 3 gen ahas came along all the tenanted land that was given up was farmed in Hand instead of letting it to tenant farmers as they had for 100s of years
the landowners went from 500 to Between 3000 To 10000 acres
once fbts came along some of these landowners let land

the most efficient system for the land owner is to let the land to a tenant keeping his agents and other cost And risk to a minimum
Aha tenancies came along in 1947, not 1960
 

glasshouse

Member
Location
lothians
Not many tenants round here ever had a chance to buy their farms They were never up for sale

Without fbts the land owners round here would farm all the fbt land and take all the profit
in the 1960 the estate farms were 500 acres or so once 3 gen ahas came along all the tenanted land that was given up was farmed in Hand instead of letting it to tenant farmers as they had for 100s of years
the landowners went from 500 to Between 3000 To 10000 acres
once fbts came along some of these landowners let land

the most efficient system for the land owner is to let the land to a tenant keeping his agents and other cost And risk to a minimum
Not while the govt pays unlimited subsidy per acre
 
with interest rates so low and inflation expected to be high are some tenants or farmers that both own and rent not tempted to go out and buy some over 40 years on interest only mortgages? you will be able to farm it as you like and keep all the bps/ELMS money and in 40years time could be worth 5 times what you paid for it, a loaf of bread could be £20 in 40 years time, wouldnt surprise me
 

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