This is the issue that perpetuates the problem. More demand than supply for land, which will only get worse as farmers look to expand to spread overheads and the greenwashing industry adds further demand. You already have to compete with tree planting programmes in Scotland and this is starting to happen south of the border too.If you have the farming disease, then bidding silly money for a tenancy is par for the course. Otherwise you dont get to farm.
I didnt say anything of the sort that tenants should refuse to sign up for repairs, they have little choice in the matter.
What i said was that such agreements should be null and void.
A lot of truth there. I know of some tenants, by their own admission, that have enjoyed a very good business with rents well below fbts bare land price that then have the benifit of a house and yard on top. As a poster earlier has suggested, there needs to be something in the middle to give a reasonable deal for both parties. The smart tenants, whilst not always being able to buy a farm out right, have bought into land, property or other investments. Perhaps not quite so easy for a tenant halfway up a mountainside TBF.Surely it's all relevant to what you get for the rent. If it's purely bare land then 15% might be a bit steep. There are some farms round me pay 60ac and for that they have sfp, big farmhouse and a row of cottages. 15% is nothing in that scenario. I always say suck it up boys if the farm was to be re-let today it would be double
Anyway less aha bashing and responding please , where folks thoughts on fbt’s , risky business at the moment with inputs and the possibility outputs could crash very quickly if Russian Ukrainian conflict calms down
Around here they own many housesHow are they not millionaires and farm owners on their own right with such a deal?!
I tendered for some land with a caveat on BPS reduction and ELMS.Anyway less aha bashing and responding please , where folks thoughts on fbt’s , risky business at the moment with inputs and the possibility outputs could crash very quickly if Russian Ukrainian conflict calms down
I think we have just about negotiated a rent stand still for me, using a TFA recommended agent.We have some land that we rent on an AHA is up for a review this year. It's typical heavy land so not suitable for roots ect . The landlord has appointed a new agent one of the large national ones. He came to view the land last week and said they were looking for an increase of about 15%
It will be interesting to see how he justifies an increase when BPS is reducing
What are other people finding rents are doing?
Apologies.Anyway less aha bashing and responding please , where folks thoughts on fbt’s , risky business at the moment with inputs and the possibility outputs could crash very quickly if Russian Ukrainian conflict calms down
I tendered for some land with a caveat on BPS reduction and ELMS.
Didn't get it.
But I did what was right for the business
Because the previous generation always had a chip on their shoulder about the hefty rent when it was £20/ac, were perhaps even offered to buy in the 1970s but because £300/ac was "robbery", declined the offer; and the current generation is still feeling hard done by, and has a persecution complex at £80/ac, perhaps?How are they not millionaires and farm owners on their own right with such a deal?!
Is that even jumping a generation?
That doesn't seem very fair to the LL tbh
Smart cookie neilo...
Would it be rude to ask the length of tenancy when you started and what type of category of land lord?Not really. I farm on an FBT.
Poor landlords... life is not fair and nor is the law but it rarely changes! Is 100 quid an acre a good deal for an AHA tanant post 2023? Any thoughts other AHA farmers??Iirc there are specific relations that are allowed to succeed, laid out in the Ag Holdings Act.
Holding an aha is like a magical money tree.It would have to be one hell of a cherry for me, but some seem to get tricked into it easily (looking from outside), by the offer of an additional field, etc.
Holding an AHA is almost as good as owning the land in terms of security, with legal constraints on how much rent can be charged.
Being a landlord is like you sell magical money trees then??Holding an aha is like a magical money tree.
Very pleasing to hear and very sensible from all parties.. well doneI think we have just about negotiated a rent stand still for me, using a TFA recommended agent.
I'm quite pleased, at least I know what to budget for over next three years.