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Scottish country sports and tourism to meet up

Scottish landowners and tourism stakeholders will come together next month to discuss expanding country sports tourism, an industry worth over £240million per year to the Scottish economy.   The event, sponsored by Bell Ingram, will be held at Finzean, Royal Deeside, Aberdeenshire on Tuesday 15 May.  The event begins at 9.30am, opening with registration and refreshments, and will finish at around 3.00pm following an optional site visit. To register attendance please contact Joyce Karch at Scottish Land & Estates on 0131 653 5400.

 
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”.

 

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Home Rural agency The rural farmhouse market has resilience, says Carter Jonas research
The rural farmhouse market has resilience, says Carter Jonas research PDF Print E-mail
Written by Alf Maxwell   
Saturday, 23 October 2010 08:58

 Carter Jonas - farmhouse market is resilient

Almost 78 per cent of the 18 Carter Jonas offices in the UK handling such properties reported that values had remained static, although the range of values still shows massive variance across the country from £900,000 close to Huddersfield to £2.5 million near Andover. The figures are revealed in the autumn 2010 Carter Jonas Farmhouse Index, which illustrates the valuation of a typical farmhouse across the firm’s national network of residential offices on a quarterly basis.

The notional house is in good order and totals 4,200 sq ft, comprising five bedrooms, a three bay garage, five stables, a range of domestic outbuildings, and all set in about five acres (2.02 hectares). The farmhouse has been valued as if it is located within a five mile radius of each of Carter Jonas’s offices in a prime village location and has no immediate development angle.

In terms of value growth, Newbury registered a slight increase in the third quarter of the year, with the figure rising 4.4 per cent to £2.35 million.

This increase is in spite of a slower pace of activity although the market has been buoyed with a real shortage of good quality stock, which continues to remain in high demand.

The registration by 14 offices of no change in valuation over the three months to the end of September reinforces the resilience of farmhouses in comparison to the wider housing market.

Just three offices reported a decline in values compared to Q2 (six per cent). Basingstoke witnessed the sharpest decline of 11 per cent to a value of £2m, primarily due to an increase in the supply of stock coming to the market. Chippenham and Kendal saw an eight per cent and seven per cent reduction in price to £1.15m and £1.35m respectively despite the geographical desirability of their locations close to Regency Bath and the Cotswolds in the case of Chippenham and the Lake District for Kendal.

Catherine Penman, head of research at Carter Jonas, who compiled the index, commented: “We are expect to see an increase in the number of farmhouses coming to the market throughout the remainder of 2010 and into early next year. For some purchasers, this may mean the opportunity to negotiate favourable terms.”

Last Updated on Saturday, 23 October 2010 09:10
 
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