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Land at Fort Putnam - Successful Auction 19th November 2018

November 2018 News

On the afternoon of Monday 19th November 2018, PFK Land Agency  sold land at Fort Putnam which was being offered for sale by long standing PFK clients. Lot 1 extended…

Land at Fort Putnam - Successful Auction 19th November 2018
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Land at Fort Putnam - Successful Auction 19th November 2018

November 2018

On the afternoon of Monday 19th November 2018, PFK Land Agency  sold land at Fort Putnam which was being offered for sale by long standing PFK clients.

Lot 1 extended to 13.07 acres (5.29 ha) of good quality grazing and mowing land located on the outskirts of the village of Greystoke.  Adjacent to this was Lot 2 extending to 17.77 acres (7.19 ha) also of good quality grazing and mowing land with this Lot having the benefit of a steel portal framed agricultural building and a storage container.

Auctioneer, Richard Morris, faced a full auction room of interested parties and PFK had had many enquiries in the run up to the auction.

Bidding got underway with Mr Morris offering the land for sale in its separate lots with Lot 1 eventually ceasing at £110,000. He then offered Lot 2 which after a steady start soon shot away and settled at £162,000.  The land was then offered as a whole and it was soon evident that the interest in the land lay here with it being knocked down to a local purchaser for the sum of £285,000 (£9,241/acre).

This was an extremely well attended auction and PFK were very pleased  with the good price made for what was top quality agricultural land for the area, given the current uncertain agricultural climate we find ourselves in.

RPA confirms BPS 2018 payment rates

November 2018 News

The RPA announced the BPS 2018 payment rates on 6th November, with the rate of deduction for Financial Discipline to be announced later this month. The 2018 payment rates will…

RPA confirms BPS 2018 payment rates
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RPA confirms BPS 2018 payment rates

November 2018

The RPA announced the BPS 2018 payment rates on 6th November, with the rate of deduction for Financial Discipline to be announced later this month.

The 2018 payment rates will be as follows: –

Region

2018

2017

Non-severely disadvantages areas

 

€259.52

€258.15

Severely disadvantaged areas

 

€257.53

€255.82

 

Moorland

 

€70.23

€70.95

The exchange rate is set at €1 = £0.89281 which is slightly less than that of 2017.

Payment rates will rise slightly for non-severely disadvantaged areas and severely disadvantaged areas. The outcome for non-severely disadvantaged and severely disadvantaged land is a slightly better payment per entitlement. The moorland payment rate has dropped slightly from 2017.

Payments should start arrving in bank accounts from 3rd December.

For further information on grants and subsides, speak to Jo Edwards on 01768 866611.

Lake District Livestock Judging Evening

November 2018 News

Thursday 15th November 2018 at 6:30pm PFK Land Agency are pleased to have been involved as sponsors for this very successful event.  Everyone enjoyed the night and a grand…

Lake District Livestock Judging Evening
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Lake District Livestock Judging Evening

November 2018

Thursday 15th November 2018 at 6:30pm

PFK Land Agency are pleased to have been involved as sponsors for this very successful event.  Everyone enjoyed the night and a grand total of £2200 was raised to go to Carlisle and North Lakeland Hospice!

 

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