Category Archive: Rural Business

GFW Road Show: Your Business, Your Property, Your Opportunity

We invite you to join us at our GFW Road Show.

Our agricultural, planning, architectural, agency and commercial teams will be discussing the opportunities for rural businesses to improve performance and reduce risk within these uncertain times.

Topics

  • Characteristics of top performing farms
    What they look like and how to get there
  • Buying and selling land
    What the future holds in these uncertain times
  • Your land, your rights
    Dealing with utility access and maximising your compensation
  • Planning and Development
    Your opportunities, now, and in the future

This is an excellent opportunity for you to understand the current state of the rural business industry as well as meeting our team and receiving expert advice in regards to your next step.

Dates and Venues

Mon 18th Feb – Northallerton Rugby Club, Northallerton DL6 2QF

Tue 19th Feb – Sedgefield Racecourse, Sedgefield TS21 2HW

Wed 20th Feb – Alnwick Rugby Club, Alnwick NE66 1BE

Mon 25th Feb – Duns Rugby Club, Duns TD11 3QQ

Mon 25th Feb – Pocklington Rugby Club, Pocklington YO42 2LP

Tue 26th Feb – Tynedale Rugby Club, Corbridge NE45 5AY

Schedule

  • 18.00 Welcome
  • 18.30 Presentation
  • 19.30 Light Refreshments

If you would like to attend, please RSVP by following the link.

For more information, please email Emma Gillespie-Payne or call 01665 600164.

LEADER: The Solway, Border and Eden LEADER Programme

The Solway, Border and Eden LEADER Programme has re-opened until noon on Wednesday 30 January 2019. It’s only accepting applications under DEFRA Priority 2 – Support for micro and small businesses (non-agricultural) and farm diversification.

LEADER Cumbria

What is LEADER?

LEADER is a European Union initiative that encourages economic prosperity for rural areas and improving the quality of life of the communities. With the Solway, Border and Eden area covering approximately half of Cumbria; one of the main aims of this call is to encourage significant and sustainable economic growth and increased employment, with the full engagement of local people.

DEFRA Priority 2 – Support for Small & Micro Enterprises and Farm Diversification

Priority 2 was introduced to help a fund number of areas, ranging from new businesses with startup costs, improving community and rural services through to farm diversification projects, cost saving and retaining young people in farming. Priority 2 can help with the purchase of certain capital items, as well as help with the development of infrastructure within the business as a whole.

James Oliver, Assistant Farm Business Consultant at George F. White, says: “The LEADER grant is a great opportunity for farmers and small businesses in Cumbria to help make any changes, progress and secure longevity in their business, or even new ventures. It is really important that we take advantage of these opportunities when they arise due to our uncertain political future.”

The Solway, Border and Eden LEADER Programme has been closed for a number of months due to a staggering volume of interest, with this in mind, George F. White urge farmers, landowners and business owners to submit their expression of interest (EOI) in good time to avoid disappointment. The government has guaranteed funding for RDPE LEADER Programme grants if these are agreed and signed before the UK’s departure from the EU (even if the grant agreements continue after we have left the EU) however, they are working to a tight timescale and if your EOI is accepted, a Full Application would then have to be submitted before 12 noon on 3rd April 2019, with a full project completion before the 30th of September 2020.

Get in touch with James today for more information.

LEADER Funding Available for Rural Communities

The Coast, Wolds, Wetland and Waterways (CWWW) LEADER Programme has re-opened for two weeks from the 4th January 2019 to the 18th January 2019, accepting applications on all six Defra priorities.

Defra Priorities:

  • Support to increase farm productivity
  • Support micro and small farm businesses (non-agricultural) and farm diversification
  • Support rural tourism
  • Provide rural services
  • Provide cultural and heritage activity
  • Support for increasing forestry productivity

LEADER (CWWW)

What is LEADER?

LEADER is a European Union initiative that encourages economic prosperity or rural areas and improving the quality of life of the communities. The CWWW Leader Programme covers the East Riding of Yorkshire and Southern Ryedale (excluding Bridlington, Goole and Beverly).

Simon Britton, Partner at land, property and business consultancy, George F. White, said: “Access to LEADER funding is fantastic news for the rural communities in the East Riding of Yorkshire Southern Ryedale; it has been an interesting few years in regards to politics and the economy; as we approach our exit from the European Union, it is extremely important that rural communities take advantage of funding opportunities whilst they are still available.”

The project has been closed to new applicants since July 2018 due to a staggering volume of interest, with this in mind, George F. White urge farmers, landowners and business owners to submit their expression of interest in good time to avoid disappointment. The government has guaranteed funding for RDPE LEADER Programme grants if these are agreed and signed before the UK’s departure from the EU (even if the grant agreements continue after we have left the EU), however, it is advised that projects are finished, paid for, and complete grant claims submitted, by 31 March 2019.

Britton added: “This opportunity concentrates on small businesses, farm diversification projects and rural tourism; since the programme opened in 2015, our team have been involved in countless LEADER applications across the North East and Yorkshire with a similar focus. The team have achieved results such as funding for local rugby clubs, holiday accommodation and public animal parks, to name a few. We understand that applying for necessary funding can be a long and complex process, however, many of our team have been raised on farms or in the countryside and are sensitive to the issues and the opportunities that land and property owners and occupiers face in the 21st Century.”

If you have a project that you think would be eligible for the current LEADER fund opportunity, please contact our team on 01677 425301, alternatively, email Simon Britton directly.

www.ruralprogrammeseastyorkshire.co.uk

Estate Management – are you in control of your assets?

Estate and Property Management brings to mind an agent dealing with a large house, estate cottages and land and farming matters, set in hundreds or thousands of acres.

That is something we do at George F. White on a daily, basis but actually, managing property involves a much more diverse range of assets and skill sets.

For example, an estate could comprise of a portfolio of commercial property, perhaps converted offices from traditional buildings or a series of mineral ownerships, waste licences, land with long term development potential (which is contract farmed), and even a residential buy to let portfolio.

In addition, estates are owned for varying purposes; It may have been inherited or is intended to pass on to the next generation. Maximising return on investment, tax advantages, potential future value uplift, access at short notice; the list goes on.

We see, on regular basis, landlords with the best of intentions but who lack the time to deal with their estate management aims and issues; this can lead to deadlines being missed and regulations not being complied with, resulting in lack of control and inefficient management that does not meet the landlords aims.

Considering all of this… how do you keep control of your estate?

Estate


Understanding the legislation

For example, is it the Landlord and Tenant Act 1954? Is it the Agricultural Tenancies Act 1995? This, in turn, will inform what abilities and rights a landlord has. Can part of the property be taken back in hand and sold? What is the length of any notice required to review the rent or terminate? The answer will be in the detail which must be understood and used to the best advantage.



Plan ahead

Why the estate is owned and your ultimate aims should be clearly set out and planned for; this will influence how tenancies are set up and managed when transfers are made, is a Trust needed? Any plan needs review and update on a regular basis and should be aligned with personal circumstances.

Most estates, in whatever guise, will have in place an asset plan and the owners will have an idea of what they own and probably, to some extent, what it may be worth.  However, not all estates will have in place a strategic plan and therefore struggle to understand why they own what they do, or what they intend to do with it.



Estate Management Compliance

The rules and regulations for landlords are constantly changing and updating. For example, recently there has been a change in septic tank regulation and Energy Performance Certificates for let property now must attain at least an E grade. Are both the landlord and the tenant keeping to their repair responsibilities?



Manage cash flows and budget

No matter what type of asset it is, there will be expense at some point to maintain or progress it. This could be a repair or insurance; it could be making representations to the local authority plan or a tax liability. Managing cash flow to identify any pinch points and budgeting for future plans will help to ensure smooth running of the estate and control of investment.



Take advice from trusted advisors

Having a good team of an Agent, Solicitor and Accountant on board will provide well rounded advice dealing with all practical, legal and taxation issues. This will allow you to focus on your aims, be aware of any risks and foresee and deal with any issues.

So are you in control of your estate and property assets? Being prepared, complying with regulation, understanding the detail and planning ahead are all important factors in having, or re-gaining, control… especially if something has run away from you.

At George F White we have an experienced team of expert professionals who manage a range of property on a daily basis and who deal with the myriad of issues that occur. No matter how complicated the arrangement or unusual the situation, we will be able to deal with it.

Matthew Brown
Partner
matthewbrown@georgefwhite.co.uk
07854 903631

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