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FC Wales smooths passage to important woodland

With its fascinating historical features, enchanting scenery and strong links to the end of the last major ice age, i Parkwood on the Gower is a popular tourist location. Forestry Commission Wales has stepped in to ensure a smoother passage into this environmental jewel after the Welsh Government woodland became the victim of its own alluring beauty. The road allowing access to the site of special scientific interest (SSSI) was showing signs of serious wear and tear, with badly pot-holed areas testifying to Parkwood’s popularity.

 
Saffery Champness comment on CAP Reform announcement

Commenting on the announcement on CAP Reform by EU Farm Minister, Dacian Ciolos, Andrew Arnott, a partner of  Saffery Champness Landed Estates & Rural Business Group says: “There was not much in the announcement that had not already been leaked. However, it confirms the intention to distribute subsidies more evenly by way of a cap on payments to farmers at 300,000 euros (£261,240) per year.  A progressive levy, to be applied on all payments exceeding 150,000 euros (£130,620), was also announced as a proposal. Assuming that the proposals will be approved by both the EU parliament and all member states, this will be bad news for many large arable farmers and some medium scale farming businesses, including those in the uplands.It remains to be seen whether the ‘sustainable and inclusive growth’ for European agriculture can really be achieved through these proposals.  I think they could, as they stand, have the opposite effect, acting as a disincentive to invest for farm businesses that are highly-mechanised with lower staffing levels”.

 
Leaked proposals for the reform of CAP entitlements

News has recently been leaked from the European Commission that farmers who claim more than €150,000 from the direct support element of the CAP (Pillar1), will see their entitlement payments progressively capped.  Commenting on the leaked proposals Mike Harrison, a partner of Saffery Champness Landed Estates & Rural Business Group, says: “There is a strongly worded proposal for progressive cuts in the entitlement payments above €150,000 ( £127,000) with a cap of €300,000 (£255,000)”.   Whilst the new regulations will apparently incorporate an allowance which reflects the farm’s wages bill, which is welcome news and should mean that both larger and smaller farms are treated equally, there will be a discrimination for those using external contractors

 

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Home Rural agency Scottish Borders estates sell
Scottish Borders estates sell PDF Print E-mail
Written by Charlie Jacoby   
Tuesday, 06 January 2009 15:37

Cherrytrees, near Kelso

In the last three months, Knight Frank has achieved a premium on two major property sales in the Scottish Borders - demonstrating that while the market may have slowed, it is still very much alive.

Clarilaw, near Melrose, a mixed agricultural estate extending to 1017 acres, with six bedroom farmhouse, farm managers house, seven cottages, arable, pasture, woodland and rough shooting sold for well in excess of an asking price of £4.25 million in October.

Now, Cherrytrees, near Kelso, one of the finest estates in the Scottish Borders, comprising a magnificent Georgian house in around 945 acres, with farmhouse, farm manager’s bungalow, and six further residential properties, modern farm buildings, arable, pasture and rough grazing, pheasant shoot and more, has sold for in excess of its asking price of £7 million.

James Denne, Partner in Knight Frank’s Lauder office, says: “Both these properties were realistically priced, and both have sold with a premium - this against a supposed backdrop of decreasing values, and increasing inertia.

“Our view is that where there is a willing seller and willing buyer set on a purchase - and this applies particularly at this level of the market - then the real and apparent constraints that have been imposed on the market drop away.

“Despite comment to the contrary, here is evidence that this market is still alive, and I would hope that these successes prompt others, both sellers and buyers, to take advantage of what may yet prove to be the best time to make this type of investment.”

Last Updated on Tuesday, 06 January 2009 15:52
 
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