selling up

Billboy1

Member
anyone seriously considering it ?
with land prices where they are its tempting if you've no successors and you're a certain age .
but !! people selling for 3/4 grand an acre doesn't seem that long ago to me AND what do you do with all that lolly ?
 
What are actually numbers , bbc farming quotes 10k for arable 7 for grass? There’s got to be a fair amount of variation ? Where the market at ? I’m tempted to list 40 acres pp adjoining forest at a daft price to see if there is any demand , or more to see if all the stories of mega sealed bids are true
 

Kidds

Member
Horticulture
I've done it.
Bought some land and an old house, done the house up and built a new farm yard and spend my days messing about.
Nice to have funds to buy stuff that isn't a constant scrapyard challenge to farm with, no pressure to make any money if things don't work out but my produce does still win awards at a national level.
The improved house and new very modest farmyard can be sold on for more than I could ever have made previously. That is at least as much luck rather than judgement.
No regrets whatsoever other than not having done it sooner. This was quite a big partnership and I think all the partners are happy with their lot other than maybe the odd one or two that were stuck in the 1950's to start with. They seemed to see it as a terrible way for things to go whereas the rest of us took it as a massive opportunity to do whatever we wanted.
House prices might tumble and my new place could well be worth very little (can't really see that happening) but I am very happy living in it debt free so no reason to sell anyway.
If you are seriously considering doing it then think long and hard about how you want to spend your days. Many people say they are going to sit on a beach drinking cocktails but I couldn't stand that for very long. Also have a plan B in there somewhere because life throws some crap at you at times, that is very true no matter what route you take.
 

Smiler

Member
We’re currently going through the process of selling up. Made the decision for a number of reasons. No family wanting to carry on farming. Both my Dad and Grandad barely touched retirement because of cancer so it makes you take stock.
I’m only 47 but didn’t want to carry on chasing my tail, investing heavily in buildings etc. Would sooner have weekend to watch my sons play football.
Dairy farming isn’t what it used to be either. The ever increasing regulation and red tape has dampened my love for farming which is the sad part.
 

Flat 10

Member
Arable Farmer
Location
Fen Edge
Swings and roundabouts. Land is a good place to keep your money. But what to do with it ? Farming returns are laughable. As said above, it's nice to have dosh to spend rather than keeping 1960's gear going. Renting out is suicide.
To sum up..... :ROFLMAO: Keep some land........but also have some dosh handy.
Renting out is suicide?!
 
Renting out is suicide?!
Just spent £20k getting rid of a tenant on an AHA. The agreement was subtly changed over the years in favour of the tenant. Could the same happen to a long term FBT ? I wouldn't risk it.
I do rent land short term for spuds, no formal agreement, once the last spud has been lifted, I'm straight in sowing another crop, no messing.
 

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Man fined £300 for bonfire-related waste offences

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Written by William Kellett from Agriland

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A man has pleaded guilty at Newtownards Magistrates’ Court to waste offences relating to a bonfire next to the electrical sub-station on the Circular Road in Newtownards, Co. Down.

Gareth Gill (51) of Abbot’s Walk, Newtownards pleaded guilty to two charges under the Waste and Contaminated Land (Northern Ireland) Order 1997, for which he was fined £150 each and ordered to pay a £15 offender’s levy

On June 25, 2018, PSNI officers went to Gill’s yard, where they found a large amount of waste consisting of scrap wood, pallets, carpet and underlay.

Discussion with Northern Ireland Environment Agency (NIEA) officers confirmed the site...
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