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2019 BPS Exchange Rate Confirmed

October 2019 News

The 2019 BPS exchange rate has been confirmed as €1 = £0.89092. The rate is set by taking the average of the European Central Bank exchange rates set during the…

2019 BPS Exchange Rate Confirmed
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2019 BPS Exchange Rate Confirmed

October 2019 News

The 2019 BPS exchange rate has been confirmed as €1 = £0.89092. The rate is set by taking the average of the European Central Bank exchange rates set during the month of September.

This compares to €1 = £0.89281 for BPS 2018 payments.

The 2019 BPS payment window opens on Monday 2nd December and closes on 30th June 2020.

Auction of Low Whinhowe, Greenholme

October 2019 News Property

On Thursday 19th September 2019, PFK Land Agency offered for sale Low Whinhowe, a Grade II Listed dwelling with 74.40 acres of land located within the Lake District National…

Auction of Low Whinhowe, Greenholme
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Auction of Low Whinhowe, Greenholme

October 2019 News Property

On Thursday 19th September 2019, PFK Land Agency offered for sale Low Whinhowe, a Grade II Listed dwelling with 74.40 acres of land located within the Lake District National Park. The property was sold by public auction due to the high levels of interest received.

Low Whinhowe was offered for sale by auctioneer Richard Morris in a busy Orton Market Hall.

The property was offered as a whole only, and there was interest throughout with a good level of bidding. The hammer eventually fell, and the property was sold for £320,000 (Three Hundred and Twenty Thousand Pounds).

PFK Land Agency are extremely pleased with the outcome of this sale and the level of interest generated throughout.

Land Auction - Scalehouses

September 2019 News News

On the afternoon of Tuesday 17th September, PFK Land Agency offered for sale 48.88 acres of grazing land located around the hamlet of Scalehouses close to Renwick. The land…

Land Auction - Scalehouses
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Land Auction - Scalehouses

September 2019 News

On the afternoon of Tuesday 17th September, PFK Land Agency offered for sale 48.88 acres of grazing land located around the hamlet of Scalehouses close to Renwick.

The land was offered for sale by auctioneer Richard Morris in Kirkoswald Village Hall. The sale of the land had generated a good turnout to the auction and as bidding got underway, it became clear there was good interest in the land.

The land was offered for sale in four lots and then also offered as a whole but it soon became evident that there was no interest in the land as a whole and therefore after a good level of bidding, the land sold with the following results: Lot 1 was sold privately after the auction; Lot 2 extending to 3.26 acres was sold for £18,000 (£5,521 per acre); Lot 3 extending to 13.42 acres sold for £58,000 (£4,321 per acre) and finally, Lot 4 extending to 30.59 acres was sold for £74,000 (£2,419 per acre).

PFK Land Agency were extremely pleased with the outcome of the sale which demonstrated that there is still a good demand within the market place for agricultural land despite the impending Brexit and the unknowns that the agricultural community are currently facing.

We have experienced a really successful year with regard to land and property sales and have many people on their books looking to purchase rural property.

DEFRA releases 'Farming is Changing' Leaflet

September 2019 News

DEFRA has recently released its ‘Farming is Changing – here’s what you need to know’ leaflet which sets out key information on farming policy after Brexit. Although there is limited…

DEFRA releases 'Farming is Changing' Leaflet
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DEFRA releases 'Farming is Changing' Leaflet

September 2019 News

DEFRA has recently released its ‘Farming is Changing – here’s what you need to know’ leaflet which sets out key information on farming policy after Brexit.

Although there is limited detail, it does firm up a number of ideas, and shows some Government commitment to proposed changes. This is clearly the early stages but does provide an indication as to how funding will be focused and the longer-term commitments of the Government.

The main focus is the on the potential changes to support payments and possible timescales to phase out BPS from 2021 to 2027 and the introduction of the new Environmental Land Management (ELM) Scheme.

DEFRA states that its main aims over a 7-year transition period are;

  • To phase out direct payments and to move away from a subsidy-based approach to a more business-like partnership.
  • Collaborative working in partnerships with farmers and land managers.
  • To becomes less bureaucratic.
  • Promote the important role of the agricultural community and positive contribution that the sector makes to our environment.

Key Points

Direct Payments – to be phased out from 2021 to 2027. Payments will be reduced fairly in the first year with bigger reductions applied to the higher payment bands.

Delinking – delink direct payments from the requirements to farm and land owners, and are to be made regardless if the claimant continues to farm or not. There will be a consultation on whether a one-off lump sum will be made rather than annual payments.

Rural Development Programme – the Government have committed to fund all projects commencing before the end of 2020.

Environmental Land Management (ELM) Schemes – Countryside Stewardship to transition to ELMs, however there will be a period when both schemes run together. There should be no Countryside Stewardship Agreement unfairly disadvantaged. ELMs will reward farmers for environmental benefits and are due to be introduced in 2024. Countryside Stewardship will not be available once ELM is fully up and running.

Tree and Plant Health – a review of the existing packages of tree health grants as well as support for local action groups.

Animal Health & Welfare – one-off payments to support farmers to provide welfare enhancements and a new approach to prevent endemic disease and improve health of livestock.

Research and Development – support farmers to work with researches to help improve productivity.

Although this is still early days, it does provide some direction for the agricultural sector. If you would like to discuss further or for any advice please contact our Land Agency team.

Land at Northsceugh, Ainstable - CLOSING DATE FOR OFFERS SET

August 2019 Sales News

CLOSING DATE FOR OFFERS - MIDDAY ON FRIDAY 27TH SEPTEMBER 2019 This sale offers the opportunity to purchase agricultural land extending to 23.81 acres (9.64 ha) or thereabouts of…

Land at Northsceugh, Ainstable - CLOSING DATE FOR OFFERS SET
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Land at Northsceugh, Ainstable - CLOSING DATE FOR OFFERS SET

August 2019 News

CLOSING DATE FOR OFFERS – MIDDAY ON FRIDAY 27TH SEPTEMBER 2019

This sale offers the opportunity to purchase agricultural land extending to 23.81 acres (9.64 ha) or thereabouts of permanent pasture.
The land benefits from roadside access, mains water and an agricultural building.

The land is very well farmed and is used for cropping and livestock grazing. The adjoining woodland offers great shelter and the land is exceptionally well drained and easily shepherded.

For the full sales details click here.

For more information, please contact Janet Flintoft on 01768 866611 or email: janetflintoft@pfk.co.uk

 

Low Whinhowe, Greenholme - For Sale by Public Auction

August 2019 Property News

Due to the high levels of interest we have had on Low Whinhowe at Greenholme, the property and land will now be sold by public auction on Thursday 19th September…

Low Whinhowe, Greenholme - For Sale by Public Auction
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Low Whinhowe, Greenholme - For Sale by Public Auction

August 2019 News

Due to the high levels of interest we have had on Low Whinhowe at Greenholme, the property and land will now be sold by public auction on Thursday 19th September at 2pm in Orton Market Hall. The Hall is located in the centre of Orton village next to the public toilets and opposite to the Kennedys Chocolate Shop.

The property is a rare opportunity to purchase an ideally located dilapidated private dwelling with 74.40 acres (30.23 ha) located within the Lake District National Park. The property was previously used as a farmhouse but for some time has stood vacant.

Please note that we are not permitted to take bids from anyone who is not registered with us prior to the auction and who has not provided us with the necessary documentation.

For the full sales details, click here.

If you have any queries whatsoever, then please do not hesitate to contact Janet Flintoft or Abi Wass on 01768 866611.

 

 

Compulsory Purchase, Telecoms & Utilities

August 2019 Compulsory Purchase News

Our Head of Land Agency, David Stout, has recently written a piece for the Farmers Guardian on whether compulsory purchases by telecom and utility companies are threats or opportunities. The…

Compulsory Purchase, Telecoms & Utilities
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Compulsory Purchase, Telecoms & Utilities

August 2019 News

Our Head of Land Agency, David Stout, has recently written a piece for the Farmers Guardian on whether compulsory purchases by telecom and utility companies are threats or opportunities.

The piece featured in the July 12th edition and can be read below:

With the pressure and demand for quicker journeys, better communication and services ever
growing, the impact on the rural sector has never been greater. With that demand comes a
broadening range of complexity, not only due to of the implications from these areas on landowners
and farmers, but also highlighting the need to obtain good professional advice as early in the process
as possible. Such intervention will ensure that those companies driving these schemes will be able to
take full account of the issues applicable to the relevant client, and to act on them whilst also
enabling more detailed negotiations to be undertaken.

Road schemes are often long in the making but will always require prior consultation with those
affected when it is vital that all the relevant factors are made known. Compensation whilst vital,
should always be seen as the last part of the process, rather than the only part. Endeavouring to
prevent any unforeseen impact on clients land or property is a key part of the process and one
where Agents should genuinely believe they can add significant expertise and subsequent benefit in
protecting client’s interests.

Whether these involve the taking of land, laying cables or pipes through or above land,
understanding and applying the full extent of the land owner or occupiers rights is critical in ensuring
that their interests are fully protected.

Many will have heard of the recent changes to the way in which rents on existing or future Telecom
masts are to be negotiated with an apparent dramatic swing in favour of the Telecom companies
arising from the new Electronic Communications Code. Despite this, many of us as agents acting for
affected parties, who often achieve significant rental income from such assets, have challenged not
only the principals of the code but also the effectiveness of it and how it can be applied.

Whilst any approach from a third party can, on the face of it, be unwelcome, these can also bring
opportunities which again can only be developed through good communication and early
negotiation. On the flip side, there can be unforeseen benefits such as the potential removal of
overhead cables, better Broadband links, improved water supplies, new income streams or
development opportunities, to the overall benefit of the landowner or tenant.

In summary, if contacted or notified by any companies wishing to carry out works on your land,
always ensure that you seek early advice from a knowledgeable and experienced Agent. To add
further incentive in the majority of cases, any professional fees will be met by the acquiring
authority or utility company.

For further information, David Stout can be contacted via email on davidstout@pfk.co.uk or on 01768 866611.

Land at Scalehouses, Renwick

August 2019 Sales News

This sale offers the opportunity to purchase a mix of upland grazing and mowing land extending to a total of 48.88 acres (19.78 ha) or thereabouts. The land…

Land at Scalehouses, Renwick
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Land at Scalehouses, Renwick

August 2019 News

This sale offers the opportunity to purchase a mix of upland grazing and mowing land extending to a total of 48.88 acres (19.78 ha) or thereabouts. The land all benefits from roadside access and the Basic Payment Scheme (BPS) Entitlements are included in the sale.

For sale in up to 4 lots and to be sold by public auction, the guide prices are set as follows:

• Lot 1 – £15,000
• Lot 2 – £18,000
• Lot 3 – £50,000
• Lot 4 – £70,000

The auction will take place in Kirkoswald Village Hall on Tuesday 17th September 2019 at 2pm.

To see the full sales details click here and for further information, contact Jo Edwards on 01768 866611 or email joedwards@pfk.co.uk

Penrith Show 2019

July 2019 Local News News

We had a great day at Penrith Show, which took place on Saturday 20th July. It was lovely to see clients old and new and after a couple of very…

Penrith Show 2019
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Penrith Show 2019

July 2019 News

We had a great day at Penrith Show, which took place on Saturday 20th July.

It was lovely to see clients old and new and after a couple of very heavy showers, the sun even came out to greet us!

Thanks to all of our suppliers including Maggies Bakery, Roseberry Design, Cumbria Marquees, and everyone that came to see us on the day.

We look forward to next years’ show on 18th July 2020.

 

Countryside Productivity Small Grant Scheme Now Open

July 2019 Grants Subsidies News

DEFRA has announced that Round 2 of the Countryside Productivity Small Grant Scheme is now open for all farm types, with a total of £15 million available. The scheme allows…

Countryside Productivity Small Grant Scheme Now Open
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Countryside Productivity Small Grant Scheme Now Open

July 2019 News

DEFRA has announced that Round 2 of the Countryside Productivity Small Grant Scheme is now open for all farm types, with a total of £15 million available.

The scheme allows applications towards funding for new equipment (as listed in the Countryside Productivity Small Scheme Handbook Annex 3) with the list for Round 2 now more extensive with 26 new items added, and the specification from some existing items updated. The equipment is intended to help achieve technical efficiency, animal health & welfare, resource efficiency or nutrient management.

Grants will provide up to 40% of standard costs of the purchase price on an item. The minimum grant is £3,000 (equivalent of £7,500 spend) to a maximum of £12,000 (equivalent of £30,000 spend).

Applicants for Round 1 funding can submit a new application to receive funding in Round 2, the total value of both applications not being more than £12,000. If a claim was rejected or withdrawn in Round 1, then you can also reapply in Round 2.

Applications for the grant scheme must be submitted by midday on 3rd September 2019.

Applications are to be submitted online but quotes are not required as the scheme is based on standard costs.

The details on your Rural Payments Record must match the details given on the application form, else the application will be rejected.

Items must not be purchased before receiving a grant offer, and items must be purchased before claims can be submitted.

If the application is successful, all items applied for must be bought and must meet the specification listed in Annex 3.

No more than 150 days is allowed between the approval of application and submission of claims.

Successful applicants will then need to provide photos of the items working on their farm.

Round 1 was very popular with more than 3,500 applications worth £23.5 million being successful in receiving grants. Round 2 is likely to also be popular, and those thinking about purchasing equipment should investigate this grant scheme as soon as possible.

For further advice please contact us on 01768 866611 or landagency@pfk.co.uk

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