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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Selling land with tenant.
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<blockquote data-quote="Del and Raquel" data-source="post: 5329094" data-attributes="member: 107082"><p>Morning, Some years ago I inherited from my Aunt approx 75 acres with a tenant on an aha tenancy. Whilst the rent has been a welcome addition to my income my own children are of an age and are looking to buy their first property.</p><p>I am thinking of selling the land to help them a footing on the property ladder and wondered if now would be a good/bad time to sell. I am not sure who would purchase this land apart from maybe the tenant.</p><p>Although I am not a farmer I am well aware this would not achieve the price of vacant land but I would like my children to benefit now when they need it and not when I am dead and gone.</p><p>I will speak with an agent but would like thoughts/advice on this beforehand.</p><p>Thank you for reading.</p></blockquote><p></p>
[QUOTE="Del and Raquel, post: 5329094, member: 107082"] Morning, Some years ago I inherited from my Aunt approx 75 acres with a tenant on an aha tenancy. Whilst the rent has been a welcome addition to my income my own children are of an age and are looking to buy their first property. I am thinking of selling the land to help them a footing on the property ladder and wondered if now would be a good/bad time to sell. I am not sure who would purchase this land apart from maybe the tenant. Although I am not a farmer I am well aware this would not achieve the price of vacant land but I would like my children to benefit now when they need it and not when I am dead and gone. I will speak with an agent but would like thoughts/advice on this beforehand. Thank you for reading. [/QUOTE]
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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
Selling land with tenant.
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