Rural Property and Business Tenancies

“REAP THE REWARDS, AVOID THE PITFALLS”
A one day conference - Wednesday 27th February 2008

Sponsored by Lloyds TSB Agriculture

Key info

Conference Venue:
Blenheim Palace
Hospitality Suite
Woodstock
Oxon OX20 1PX (map)

Date:
Wednesday 27th February 2008

Cost per delegate:
£299.00 + Vat

Or call us on 01869 347874
to reserve your place or
register interest online

Practical solutions to today's rural business issues

Tenancies have been an essential part of rural life for centuries. In today’s political climate agricultural and rural policy is aimed towards maximum diversification which has established a balancing act between landlord and tenant interests regulated by the Agricultural Tenancies Act 1995 and its subsequent reform in the shape of The Regulatory Reform (Agricultural Tenancies) (England and Wales) Order 2006. Since the introduction of the Single Farm Payment there has been a renewed impetus for landowners to find alternative uses and income streams for their properties. Tenancy of property, land and sporting rights have become an integral part of running many farm and estate businesses with a myriad of legislation and compliance issues to address.

Farming pics > Wind farm > Three quarter width (460 x 342)

This practical one day conference is aimed at those working at the grass roots of the rural business industry and will provide a platform for debating the issues involved ensuring delegates are up to date with the latest legislation and best practice for property management. The 2008 Rural Property and Business Tenancies Conference is the essential guide for the modern rural business manager.

The conference is aimed at;

Those involved in managing rural business tenancies, commercial, residential and sporting on small private farms to landed estates.
Those involved in managing rural property who want to capitalize on their assets.
Those managing the landholdings of public and private institutional bodies.
Farmers and smallholders with property issues.
Those working with rural property who need to be up to date with current legislation and thinking.

Conference Schedule

09.30 -09.35	Welcome Colin Fenwick, BA, ACIB, Senior Agriculture Manager, Lloyds TSB Agriculture
09:35 – 10:15	The challenge of being a landlord "What do you want, what have you got & what are you up against?" Sandy Douglas, Partner, Head of Rural Business and James Del Mar, Partner, Rural Consultancy, Knight Frank
10:15 – 10:55	Choosing the right farming arrangement whilst safeguarding Agricultural Property Relief Tenancies Partnership Contract Farming Share Farming Machinery Syndicate Matthew Burton, FCCA, Partner, Landed Estates & Rural Businesses, Saffery Champness Chartered Accountants
10:55 – 11:10	Refreshments
11:10 – 11:50	Succession on death or retirement Reminder of rules Eligibility and planning for succession Recent cases James Falkner, Partner, Mills & Reeve
11:50 – 12:30	Tied properties – the pros and cons The session will focus on the market for agriculturally and other tied properties looking at: The market for such properties Valuation issues Is there a link between farm incomes and value Removal of agricultural ties by reference to planning applications and appeals Implications of non compliance Brian Barrow, Managing Director of Acorus Rural Property Services Ltd
12:30 – 13:00	Making money from wind farms How the wind farm market has developed in the last 10 years What makes a perfect wind farm site Avoid the “carpet baggers” How the acquisition process works Unravelling the myths of the financial cost of building a wind farm The potential Mark Newton, FRICS, Partner, Fisher German
13:00 – 14:00	Lunch
14:00 – 14:30	Insurance – Are you at risk? Financial Inheritance tax - short term protection , long term planning Impact of estate diversification on IHT reliefs Pensions - making adequate personal provision and the introduction of Personal Accounts from 2012 General Insurance Update on general insurance position including rates and flood cover Specific insurance requirements for let properties, diversification (including sporting activities) and contract/share farming Christopher Cox, Partner, Lycetts and Nick Straker, Director, Lycetts Financial Services
14:30 – 15:10	Sporting Rights What are sporting rights? - freehold or leasehold, personal, assignable or linked to ownership of land, statutory rights to security The extent of sporting rights - getting the wording right Gamekeepers - employment and occupational rights Tax issues Areas for disputes - eg damage to crops, conflict with public access rights, environmental issues Alastair Morrison, Partner, Burges Salmon
15:10 – 15:50	Termination of Farm Business Tenancies Termination Effect of Sub-Letting Enforcement Compensation Sam Eeley, Partner, Henmans LLP
15:50 – 16:05	Refreshments
16:05 – 16:45	Rent reviews - Farm Business Tenants v Non Farm Business Tenants Revived Activity? 1986 Act, 1995 Act And Trig Key Issues Arbitration Jeremy Moody, Secretary and Adviser, Central Association of Agricultural Valuers, (CAAV)
16:45 – 17:25	Diversifying your assets – Property the untapped business opportunity Buildings - whose are suitable , who wants them , what are they suitable for? Agricultural difficulties including planning difficulties and how to try to resolve them The business opportunities of commercial lettings, tourism, leisure residential diversificationand farm shops will also be illustrated during this session. David Bolton, Corporate Partner, Cheffins
17:25	Roundup and Close Colin Fenwick, BA, ACIB, Senior Agriculture Manager, Lloyds TSB Agriculture

Or call us on 01869 347874 to reserve your place

Rural Property and Business Tenancies

“REAP THE REWARDS, AVOID THE PITFALLS” A one day conference - Wednesday 27th February 2008 Sponsored by Lloyds TSB Agriculture

Key info

Conference Schedule

Or call us on 01869 347874 to reserve your place

“REAP THE REWARDS, AVOID THE PITFALLS”
A one day conference - Wednesday 27th February 2008

Sponsored by Lloyds TSB Agriculture