Charitable Donations

This month Adkin have donated £1000 to each of their chosen charities, Riding for the Disabled and The Earth Trust.

Riding for the Disabled use horses and ponies to provide therapy, achievement and enjoyment to people with disabilities all over the UK.  Their network of 500 volunteer groups organise activities such as riding, carriage driving, vaulting and showjumping to up to 28,000 people each year. More information can be found at http://www.rda.org.uk/

The Earth Trust is a local charity based in Little Wittenham, Oxfordshire. They aim to encourage everyone to live more sustainably and help them put this into practice through their daily lives. From Wittenham Clumps to Thrupp Lake at Radley they have many places to visit where you can get close to wildlife and see wildflower meadows and wetland landscapes. You can also get involved by attending events, taking part in courses they offer or becoming a volunteer. More information can be found at http://www.earthtrust.org.uk/

Adkin are pleased to support such great causes.

Mixed farm with superb sporting potential

A farm with excellent sporting potential is now on the market in South Oxfordshire with Adkin. High Lodge Farm comprises a mix of grass and arable, established woodland with diverse income streams including let farm buildings. Well located to the immediate south east of Abingdon the farm is in a ring fence and provides potential to increase the existing arable acreage. Currently within an HLS scheme the woodland provides a well established and locally renowned private shoot. For sale as a whole | About 380 acres (154 ha) in total

Contact Andrew Chandler or Philip Pocock on 01235 862 888

Particulars

Farming & Property Bulletin – April 2015

Basic Payment Scheme Deadline Extended 

The deadline for submitting claims for the BPS has been extended to Monday 15th June 2015. This decision has been made after the European Agriculture Commissioner Phil Hogan confirmed on the 19th March that Member States will be allowed an extension to the BPS deadline of a month. It is also understood that this change is also applied to Pillar 2 schemes (Environmental Stewardship annual claim requirement).

The RPA has stated that the delay in applications will not compromise the ability to begin payments in December but many others are suggesting that it would be wise to budget to receive BPS monies in March 2016.

April Bulletin

Changes for 1986 Act Tenancies

Julian Sayers in his capacity as Chairman of the Tenancy Reform Industry Group is pleased to report that in the final days of the last Parliament a number of changes to the Agricultural Holdings Act 1986 were enacted having been promoted by the Group via Defra for some considerable time.

In summary the changes are as follows:

  • The option for landlords and tenants to use third party determination rather than arbitration for many of the differences and disputes which can arise within tenancies under the 1986 Act with effect from 27th May 2015 as for Farm Business Tenancies.
  • The repealing of the prescriptive and outdated regulations dealing with the end of tenancy compensation for short term improvements and tenant right matters with effect from 1st October 2015 following which the parties can negotiate a settlement within the new legal framework.
  • The introduction of new Model Clauses governing the default liabilities for the maintenance, repair, replacement and insurance of fixed equipment on agricultural holdings which had not been updated since 1973 and come into effect from 1st October 2015.

These modernising measurers will hopefully be welcomed by those who let and occupy agricultural holdings within the provisions of the 1986 Act.  Detailed guidance is to be made available by the Central Association of Agricultural Valuers of which the Adkin professional team are all members.

All Change with BPS!

All Change with BPS!

The European Agriculture Commissioner Phil Hogan has confirmed that Member States may choose to extend the BPS 2015 submission deadline to Monday 15th June. Whilst this is optional, DEFRA has confirmed that England will use this extension.

In addition to the extension, DEFRA have agreed to make paper forms available for completion of BPS 2015 claims. The Rural Payments system will only need to be used for registration.

From today, (Monday 23rd March), a blank RLE1 form and BP5 BPS claim form will be available to download and print off. The RLE1 is to be used for both land transfers/changes and entitlements transfers. A prepopulated BP5 claim form will be available in a couple of weeks which should reflect any data that farmers had already managed to complete using the online Rural Payments system.

Please see the GOV.UK website for further details.

If you require any assistance with your claim this year or have any queries please contact Emily Ham or Simon Alden who will be more than happy to help!

Well located South Oxfordshire Farmhouse with stunning views

Adkin are launching another property in time for what is appearing to be a buoyant spring market. With a guide price of £850,000 Drayton House Farmhouse comprises four bedrooms, three reception rooms and study. There is an attached double garage with separate flat above and further land is available by separate negotiation. Located to the outskirts of Drayton St Leonard itself the property benefits from open views across farmland towards Wittenham Clumps with good access to the A415 and A4074 less than a mile away.

We shall be conducting an open viewing day on Saturday 21st March between 10am – 12pm and would ask that you notify us in advance that you will be attending.

Contact Andrew Chandler or Simon Alden on 01235 862 888

 Particulars

Oxfordshire investment farm comes to the market

Adkin together with joint agents Strutt & Parker have recently launched Town & Lower Farm at Kingston Blount to the market. Well located on the edge of the Chilterns this is an investment farm in prime agricultural area. Extending to about 309 acres (125 ha) in total the farm comprises principally arable land with some permanent pasture and farmyard let on a first succession Agricultural Holdings Act 1986 Tenancy.

For sale by private treaty the property is mainly bordered by other agricultural land as well as a playing field, cricket pitch and the village of Kingston Blount. About 5 acres of woodland to the north west of the farm is not within the tenancy agreement and is therefore offered for sale with vacant possession.

“It has been some time since an investment farm in this area has been seen on the open market” says Andrew Chandler from Adkin “a straightforward property with the benefit of a recent succession means we are expecting large interest from varying types of investor. As agricultural land has proved itself time and time again to be a shrewd investment it will be very interesting to see the market’s reaction to such a sale”

Contact Andrew Chandler or Jess Allen on 01235 862 888

 Particulars

Adkin launches 68 acres of land at Lyford, Wantage

Adkin have launched 67.98 acres (27.51 hectares) of land at Lyford, Wantage to the market with a guide price as a whole of offers over £650,000. For sale as a whole or in two lots the land provides Grade 3 and 4 agricultural land in arable production which has been under drained. There is road access in three places. The land is gently sloping towards Childrey Brook and is subject to an Entry Level Stewardship Scheme.

“A good parcel of agricultural land, we are expecting strong interest from local farmers” says Andrew Chandler from Adkin “currently fallow the land was in arable production last year and provides scope for expansion to local farmers or an investment purchase for those looking for taxable advantages”

Contact Andrew Chandler or Julian Sayers on 01235 862 888.

Particulars

Farming & Property Bulletin – February 2015

Basic Payment Scheme Guidance 

The Basic Payment Scheme Handbook is due to be online from 14th February and will be posted out to all claimants from 23rd of the month. This will contain the scheme rules, but will not include guidance on how to claim, this will only be available online. The Handbook is expected to be the last paper guidance released, unless there is a requirement due to updates or corrections.

February 2015 Bulletine