The speed at which farmland disappearing under houses etc,etc!!!

[Still Farming]

He has done very well out of it I think but I was replying to the post about local infrastructure. Anyone doing a big development has to fund a lot of local amenities ,it’s certainly not all profit on the headline sale price.

Yer yer but still quids in

 

[grainboy]

One of my Landlords has sold land for 397 houses. He’s had to cough up for two extra school classrooms, an upgrade to traffic lights in town centre , over 50k on archeological surveys , upgrades to sewers and broadband . There is also a childrens park on the development he is paying for.

My heart bleeds for him !!
All that deducted from a few million,

 

[grainboy]

What gets me,
once the deal is done, they go and spend it on more land, rather than pay the tax, and live a life of luxury.
Never understand farmers, do anything to avoid paying tax, !!

 

[Hindsight]

He has done very well out of it I think but I was replying to the post about local infrastructure. Anyone doing a big development has to fund a lot of local amenities ,it’s certainly not all profit on the headline sale price.

I suppose Rusty it depends if ones view is would be fairer for all the other residents of Derbyshire to fund those additonal school classrooms, rather than the vendor of the land. After all the folk who ultimately buy the houses will be funding your Landlords gain, so indirectly are paying for their own infrastructure but by your landlords bank account. I have a son who is in the process of buying a new build near Derby for which I have helped with the deposit. So, I have little sympathy with land owners, to be frank. Cheers.

 

[Wombat]

One of my Landlords has sold land for 397 houses. He’s had to cough up for two extra school classrooms, an upgrade to traffic lights in town centre , over 50k on archeological surveys , upgrades to sewers and broadband . There is also a childrens park on the development he is paying for.

I have no issue with that, why should I pay for it as a tax payer when someone is trousering 20 million or whatever for adding a load more kids to the school at the detriment of the other kids

 

[Hilly]

I have no great problem with land being sold for housing but I think the ability to roll over should stop. The tax raised should then be spent on the amenities the new housing will require. Schools, hospitals, doctors, dentists sewage infrastructure, power upgrade etc etc. Otherwise we all receive a diluted service at the expense of the few. It is a problem in the South West.
So sell your land for development but pay your Tax.

They take that off the developers .

 

[Hilly]

What gets me,
once the deal is done, they go and spend it on more land, rather than pay the tax, and live a life of luxury.
Never understand farmers, do anything to avoid paying tax, !!

Its not farmers its good business sense .

 

[grainboy]

Why,
You bank 20 million,
Pay the tax
Still left with 12 million
But no.
go and spend the 20 million, on more land,
And you still have the grief and headache of running a business,
I just don’t get it, !!

 

[grainboy]

How much £ fo you need to be comfortable for the rest of your life,

 

[Hilly]

Why,
You bank 20 million,
Pay the tax
Still left with 12 million
But no.
go and spend the 20 million, on more land,
And you still have the grief and headache of running a business,
I just don’t get it, !!

You dont understand that ? Omg come on !!

 

[midlandslad]

Why,
You bank 20 million,
Pay the tax
Still left with 12 million
But no.
go and spend the 20 million, on more land,
And you still have the grief and headache of running a business,
I just don’t get it, !!

You would have 20% tax to pay so left with £16m.
As cash that exposes you to 40% inheritance tax on the lot, so you invest in farmland and pay £1m stamp duty.
If you then die your beneficiaries can sell it and pay no capital gains tax.

 

[serf]

Not fast enough as they haven’t got to ours yet

That's my sentiments on the job , building all around us but not close enough to join the party , so will be surrounded by cráp and not get a sniff , and will be the bit left in the middle that they say ohh cant build on that , got to have some 'green space to enjoy'

 

[Hilly]

How much £ fo you need to be comfortable for the rest of yo

Why,
You bank 20 million,
Pay the tax
Still left with 12 million
But no.
go and spend the 20 million, on more land,
And you still have the grief and headache of running a business,
I just don’t get it, !!

You would have 20% tax to pay so left with £16m.
As cash that exposes you to 40% inheritance tax on the lot, so you invest in farmland and pay £1m stamp duty.
If you then die your beneficiaries can sell it and pay no capital gains tax.

Ontop of that inflation will eat your capital like no tomorrow !! 10% of 16 million your left with !! The opposite of that is land goes up your money is always better in land than banks !!

 

[4course]

Acres and acres disappearing under solar farms too. The rate we’re going it won’t be long before we’re a net importer of cereals rather than a net exporter.

and that my friends is where as a cereal grower is our only hope for the next few years until all food manufacturing is undertaken abroad and shipped in just like everything else. We as farmers are the last bastion of uk production of anything and yet our so called leaders the dozy feckers cant see it

 

[CPF]

That's my sentiments on the job , building all around us but not close enough to join the party , so will be surrounded by cráp and not get a sniff , and will be the bit left in the middle that they say ohh cant build on that , got to have some 'green space to enjoy'

It won’t be many years before it’s down by you

 

[Swarfmonkey]

They take that off the developers .

Developers then go and add the additional costs of CIL and Sec 106 agreements to the prices of the houses they're building. One of my colleagues lives not far over the border into Berkshire. Community Infrastructure Levy local to him is £350/m2 on housing. That's £38,500 added to the price of each of the new three bed semis on the estate down the road from him. No wonder the local authority is giving planning permission out left, right, and centre! It's a money spinner for the council.

 

[The Seeker]

You can build on my land any time you like that way I can continue to farm and make cheap food for a pastime

 

[Farmer_Joe]

Developers then go and add the additional costs of CIL and Sec 106 agreements to the prices of the houses they're building. One of my colleagues lives not far over the border into Berkshire. Community Infrastructure Levy local to him is £350/m2 on housing. That's £38,500 added to the price of each of the new three bed semis on the estate down the road from him. No wonder the local authority is giving planning permission out left, right, and centre! It's a money spinner for the council.

exactly council do very well out of developments, if they were not full of useless oafs it might be used much better with the money

problem is councils are full of dead wood, ive been waiting 6 months of a foot path map, there no reason (they admitted this) for the time delay and they apologise every time i email, there just useless...

i heard a local story of someone waiting over 6 months for planning that should have taken 8 weeks, they honestly said the planner was working from home and 'was struggling to get motivated'

none of these plebs have ever run their own business and sadly even the good ones either leave or seem to get drawn into the 'council' work ethic and this is manager to bottom level, just imagine

that's why we have sh!t amenities not cos developers don't chip in (and loads) its just cos the people organising/running them probably struggle to flush a turd...

if someone sells land good for them, i dont see why they should pay it all in tax there much wealthier people about paying jizz all like of social media companies etc,

just a shame what councils do get the squander,

on topic there's loads near me going up, i drive past wondering where all the people are coming from to buy these new houses, and where is all the 'new money' coming from to pay for them

 

[texelburger]

I'm always rather dubious about the estimates of crops planted each year,they never seem to go down.The amount of land taken out of agricultural production, during the last 30 years or so ,must be vast.

 

[Bury the Trash]

Yesterday I drove from Cirencestert to Cambridge ( to British Antarctic Survey) headquarters openday,and back.I was staggered by the amount of agricultural land disappearing under houses, industrial parks ,HS2 etc etc.
I was especially taken aback by the amount Bicester is growing, and then by St Neots there is a huge housing development going on at Winteingham, one didn’t seem to drive many miles with just farmland either side the road.
Fortunately I came back via Deddington Chipping Norton, Burford which allowed me catch glimpses of the open Country of the Cotswolds.
Are other members who travel a lot noticing the same all over England?
The likes of Chris Packham,Monbiot etc etc, seem to turn a blind eye to destruction of the environment by development,and just keep agriculture bashing

its the same around here, shockingly so, changing the landscape totally.