Land purchase

Conrad

Member
Have the option to buy 55 acres. 2 miles from yard. Needs some drainage. Only 50 acre farmable. 5 acres needs whines pulled and rock dug out. £8 k / acre. Milking 280 cows. We need more ground. Would I be better with less cows? Bank will lend money no problem. Young don't like to standstill either.
 

Forever Fendt

Member
Location
Derbyshire
Have the option to buy 55 acres. 2 miles from yard. Needs some drainage. Only 50 acre farmable. 5 acres needs whines pulled and rock dug out. £8 k / acre. Milking 280 cows. We need more ground. Would I be better with less cows? Bank will lend money no problem. Young don't like to standstill either.
and all the neighbours will say you have paid far to much as they do
 

Walterp

Member
Location
Pembrokeshire
Its only dear the day you buy it. After that you just get on with it.
I'd look around and ask myself 'who else is in the running for this piece of difficult land? Am I having my plonker pulled by the agent (rare and unusual as this event might actually be). And is it better to wait for something bigger, better, easier to farm and nearer to come up?'

As it will, the day after you sign the contract for what may prove an over-priced burden on your developing business.

Avoid.

Short answer: if you needed to ask, you don't need it.
 

CORNFLAKE

Member
Mixed Farmer
Location
Warwickshire
Tricky one, no point buying it then having to keep even more cows to help service the debt, but if you need it to feed what you have got maybe you should go for it. sometimes you have to go with your gut instinct. Remember though that poorer land is the first to loose it's value in a down turn. Good luck.
 

Blue.

Member
Livestock Farmer
I'd look around and ask myself 'who else is in the running for this piece of difficult land? Am I having my plonker pulled by the agent (rare and unusual as this event might actually be). And is it better to wait for something bigger, better, easier to farm and nearer to come up?'

As it will, the day after you sign the contract for what may prove an over-priced burden on your developing business.

Avoid.

Short answer: if you needed to ask, you don't need it.

You sound like my Dad!

And the reason I don't involve him in anything I do,he just held me back.
 

oil barron

Member
Location
Aberdeenshire
Its only dear the day you buy it. After that you just get on with it.

It may also seem expensive each month when you have to find the £2k to service the debt and the wife is bugging you for money for mundane things like food or the washing machine having just sh!t itself. £8k an acre for bare mediocre grazing land is mental. There is no dyson wanting to buy this sort of pish so who is your competition?
 

Penmoel

Member
Have the option to buy 55 acres. 2 miles from yard. Needs some drainage. Only 50 acre farmable. 5 acres needs whines pulled and rock dug out. £8 k / acre. Milking 280 cows. We need more ground. Would I be better with less cows? Bank will lend money no problem. Young don't like to standstill either.


This a new one --- a dairy farmer hesitating on buying land:confused:
 

Penmoel

Member
It may also seem expensive each month when you have to find the £2k to service the debt and the wife is bugging you for money for mundane things like food or the washing machine having just sh!t itself. £8k an acre for bare mediocre grazing land is mental. There is no dyson wanting to buy this sort of pish so who is your competition?


Thanks a bunch you have just made my day a misery. You have just pee'd off Mrs Penmoel(n)(n)(n)(n).

Mundane things like food!!!! washing machine !!! They are essentials, be worse if she was asking for new shoes or powder and paint.:eek::eek::eek::eek::eek:
 

oil barron

Member
Location
Aberdeenshire
Thanks a bunch you have just made my day a misery. You have just pee'd off Mrs Penmoel(n)(n)(n)(n).

Mundane things like food!!!! washing machine !!! They are essentials, be worse if she was asking for new shoes or powder and paint.:eek::eek::eek::eek::eek:

She has a bath tub and a pair of feet doesn't she. Everyone needs to make some sacrifice to get the acres!
 

Hilly

Member
I'd look around and ask myself 'who else is in the running for this piece of difficult land? Am I having my plonker pulled by the agent (rare and unusual as this event might actually be). And is it better to wait for something bigger, better, easier to farm and nearer to come up?'

As it will, the day after you sign the contract for what may prove an over-priced burden on your developing business.

Avoid.

Short answer: if you needed to ask, you don't need it.
Poppy cock, get it bought and if something else comes up bigger and better you have it to sell.
 

SFI - What % were you taking out of production?

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