I heard recently that a Tenant was walking away from his Agricultural Holdings Act 1986 Tenancy recently and I quizzed him to see whether he knew what he was giving away. I suggested he didn’t know how lucky he was to have lifetime security, potential rights of succession for future generations, and a protected rent review formula.
Professional Services News
Often farms or land are offered on the market with telecommunications equipment, typically masts erected by mobile phone operators. Other equipment may include underground fibre optic cables, or fibre optic cables on electricity pylons, which attract an annual rent or termed wayleave payment.
Amongst the uncertainty of the future ahead of us after BREXIT, we do know there are some grants on offer next year. A brief summary of each is set out below. If you would like any more information or assistance with applications, please contact a member of the Kivells Professional team.
The Kivells Professional team are always keeping up to date on what is happening with the Common Agricultural Policy going forward which can be quite a task! There are many items that we think we know, subject to a Brexit deal, however there are many other unknown aspects that will be forthcoming in future months and years.
Welcome to the Kivells Professional Services Spring 2019 Newsletter and by the time this hits your doormat, we will be in full swing with preparation and submission of Basic Payment Scheme claims and considering Countryside Stewardship.
Applications for the 2019 Basic Payment Scheme are now open. If you would like any assistance in completing this year’s application or have entitlements to buy or sell, please contact your local professional - Exeter: 01392 252 262 | Launceston: 01566 776 886 | Holsworthy: 01409 259551.
The window for entitlement trading and transfers has now officially opened for 2019! If you are looking to sell any surplus entitlements or buy any additional entitlements for your additional land to maximise your BPS claim, then please contact email@example.com or call 01392 252 262 who will be able to assist.