This blog introduces the main criteria to consider when borrowing against a farm and helps you understand want lenders are looking for and how to put stronger loan applications together. This should help ensure that proposals stand out and have a better chance of being approved. There are 2 key elements: Security The more simple part is […]
Posted on January 30th, 2015 by Andrew Troughton
Whilst definitely not being tax experts, we are frequently asked by farmers and landowners where to start with Capital Gain Tax when selling property. Capital gains tax (CGT) is paid on gains arising from the growth in value of property. Typically tax is paid on the difference between the base value (either when it was […]
Posted on December 22nd, 2014 by Andrew Troughton
Whilst there has been a great deal of information published about the Basic Payment Scheme (BPS)and how it will work with Greening this autumn, until now we haven’t heard much about the changes to the other sources of funding that have previously been available through the Common Agricultural Policy. Essentially the Basic Payment Scheme funding […]
Posted on December 15th, 2014 by Andrew Troughton
Tendering for a farm is something that you do very infrequently and maybe just once or twice in your farming career. At the same time letting agents tend to prefer it when the tender is the farmers work, not ours as land agents. They want to get to know you, establish if you balance the […]
Posted on December 15th, 2014 by Andrew Troughton
Below I have set out my top 10 tips for preparing a successful farm tender. They are simple but often forgotten. The whole exercise is about really getting into the proposal and making your application stick in the landlord’s mind as one that is strong and credible. Remember your audience. This could be the landlord, […]
Posted on December 14th, 2014 by Andrew Troughton