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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
tenancies and brexit
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<blockquote data-quote="Frank-the-Wool" data-source="post: 6438646" data-attributes="member: 699"><p>This would seem to be logical and a one year licence is what I am already suggesting. However if lamb price falls and the BPS disappears in the worst case scenario then the rental value is negative. This landlord will want the land maintained to a high standard and would probably pay to have it grazed! The rent at the moment is only 75% of the BPS which is plenty for where it is and the difficult conditions, which include a footpath which all the local dog walkers use!</p><p></p><p></p><p></p><p>I am happy to wind down and am already doing so, but I have family who are carrying on. However the next generation will not be working just for the landlord to get richer than he already is.</p><p></p><p></p><p></p><p>To be fair the Agent is realistic and knows how difficult this situation is at the moment. In this area finding another tenant with sheep and having other land and buildings nearby and able to take the animals off the land if it gets wet at short notice will be hard. The landlord does not want it ploughed and does not like sheep being fed on the land! Doesn't like mud and all the access gates have to be kept locked.</p></blockquote><p></p>
[QUOTE="Frank-the-Wool, post: 6438646, member: 699"] This would seem to be logical and a one year licence is what I am already suggesting. However if lamb price falls and the BPS disappears in the worst case scenario then the rental value is negative. This landlord will want the land maintained to a high standard and would probably pay to have it grazed! The rent at the moment is only 75% of the BPS which is plenty for where it is and the difficult conditions, which include a footpath which all the local dog walkers use! I am happy to wind down and am already doing so, but I have family who are carrying on. However the next generation will not be working just for the landlord to get richer than he already is. To be fair the Agent is realistic and knows how difficult this situation is at the moment. In this area finding another tenant with sheep and having other land and buildings nearby and able to take the animals off the land if it gets wet at short notice will be hard. The landlord does not want it ploughed and does not like sheep being fed on the land! Doesn't like mud and all the access gates have to be kept locked. [/QUOTE]
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Farm Business
Tenant Farming, Subsidies, BPS & Legal Issues
tenancies and brexit
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