Massive Institutional Land Sell Off

The direction of post Brexit and government agenda is making large investors very nervous, with the first of two very large institutional investors about to release massive acres for sale. We added some land to our family farm three years ago, but feel we have got that wrong and now too much debt to take our business forward, especially as our land borrowings to value have escalated.

 

[Hilly]

I think the 'experts' and media are making a storm in a tea cup. Only in the UK are we so keen to talk ourselves into a recession. Economists: 'oh mah gawd 20% drop in GPD!' Only they don't know any more than anyone else because this is an unprecedented situation. Is 20% good or bad given the circumstances? More to the point, what will demand do when restrictions are lifted? That is right, they will rocket. A lot of people are saving a lot of money right now. The main job of government will be helping business to get back into the swing of things and avoid the need for large lay offs. Of course big businesses will be doing that anyway and using Covid as an excuse.

Recession is good for farming and good for investment opportunity .

 

[farenheit]

land i’ve bought usually with fixed term bank repayment loan on fixed or variable (or a hedge of both)

it’s never “mine” until the loan is settled !

i’ve also bought “cash” by selling other land - i’m as happy to sell land as i am to buy it as long as i’m making something out of doing so

I'm not sure I agree. The bank don't own the land, they have a charge against it. It absolutely is yours (your name is on the deeds!), and I think saying otherwise is a bit of a knock to people who have worked hard to get some land under their ownership, rather than just inheriting it.

 

[teslacoils]

Could be worse - could have invested it all into shopping centres.

Our local authority bought Travellodge and commercial property for the returns.......

 

[Clive]

I'm not sure I agree. The bank don't own the land, they have a charge against it. It absolutely is yours (your name is on the deeds!), and I think saying otherwise is a bit of a knock to people who have worked hard to get some land under their ownership, rather than just inheriting it.

try not repaying a loan for a few months if you want to know who owns something !

I don’t see anything as “mine” until i’ve paid for it

 

[Clive]

I think the 'experts' and media are making a storm in a tea cup. Only in the UK are we so keen to talk ourselves into a recession. Economists: 'oh mah gawd 20% drop in GPD!' Only they don't know any more than anyone else because this is an unprecedented situation. Is 20% good or bad given the circumstances? More to the point, what will demand do when restrictions are lifted? That is right, they will rocket. A lot of people are saving a lot of money right now. The main job of government will be helping business to get back into the swing of things and avoid the need for large lay offs. Of course big businesses will be doing that anyway and using Covid as an excuse.

not sure we are taking ourselves into it

it’s defined by numbers isn’t it ? and the latest numbers were not recession .........they were depression !


however this is un chartered water the entire world being in the sh!t at the same time has never happened before so maybe everything resets ?? who knows !

 

[suffolksmallholder]

Which investors are selling up?

The Crown Estate and Church have had a pretty big clear out in recent years.

The Church have a lot of legal fees to pay at present......Particularly in Tasmania.... .....https://www.abc.net.au/news/2018-05-31/tas-so-you-want-to-buy-a-church-in-tasmania/9817104

SS

 

[Neddy flanders]

The direction of post Brexit and government agenda is making large investors very nervous, with the first of two very large institutional investors about to release massive acres for sale. We added some land to our family farm three years ago, but feel we have got that wrong and now too much debt to take our business forward, especially as our land borrowings to value have escalated.

which investor? not sure church/Crown/Dyson could alter market values if one of them cashed in all their land. how flimsy/solid is this rumour?

 

[gorgous]

Local diocese been buying Land around me.

 

[average farmer]

The Church have a lot of legal fees to pay at present......Particularly in Tasmania.... .....https://www.abc.net.au/news/2018-05-31/tas-so-you-want-to-buy-a-church-in-tasmania/9817104

SS

Might give them a call see if we can buy the small bit we rent off them if that’s the case