01 April 2015 | Online since 2003



30 January 2012|Appointments,News

Law firm Willans appoints new rural affairs lawyer


Frank Smith

Gloucestershire law firm Willans LLP has boosted its capability with the appointment of specialist rural affairs lawyer, Frank Smith.

Frank is a nationally-recognised expert in agricultural, rural and equine matters. He is working closely with colleagues in Willans’ Cheltenham-based commercial and private client services to provide authoritative legal advice to farmers, landowners, those buying prime agricultural property, equestrian businesses and farming partnerships.

Frank’s diverse portfolio ranges from the recent purchase of several large areas of prime agricultural land for farming clients, with and without agricultural tenants, and sales and purchases of a number of fine country houses in the region.

Frank Smith said: "Despite the general economic downturn, it seems that the lack of supply will continue to underpin rising values and lucrative sales of agricultural land. While the residential market has been volatile in recent times, agricultural property has enjoyed a steady increase in price. The lack of supply and sheer demand means agricultural land values have soared.

"By the end of 2011, land value in England had risen by 11 per cent on the previous year to an average price of almost £6,000 per acre. Some sales have outstripped the average, with smaller plots of land valued at the £11,000 per acre mark.

"Sale of land in Herefordshire last summer hit a record high when an 83.81 acre block sold for £928,000 (£11,072 per acre). Even more remarkable was the sale of a 238-acre farm near Aylesbury, which sold for nearly £1m more than the £3.2m asking price.

"This is good news for owners wanting to sell, though good quality agricultural land only comes onto the market sporadically. Still, fierce competition is sure to send land values soaring still higher."

Download



Comments


No comments posted yet. Be the first to post a comment

To post comment without approval login or register

Display name

Please enter your name

Email (optional)
Comment

Please enter your comment

Post Comment

Your comment submitted successfully.Please wait for admin approval.

Some error on your process.Please try one more time.



Jobs


24 March 2015
Learning Support Administrator (HE)
Learning Support Administrator (H.E.) Basis: Permanent, part time, 18.5 hours per week, term time only Salary: GBP 15,732 - G...

22 March 2015
Calf Rearer
Calf rearer required for large dairy farm in North Devon. Previous calf rearing or farm animal husbandry experience ESSENTIAL...

25 March 2015
Poultry Production Apprentice
City & Guilds Level 2 Diploma in Agriculture (Poultry Production). Food and Drink, Manufacturing, Agriculture (Livestock)...

11 March 2015
Business Development Manager - Sunday Times Fast Track 100
Who offer solutions across a variety of sectors including hospitality, manufacturing, education and agriculture....

25 March 2015
Solicitor - Commercial IP/IT
The firm has a strong sector focus with expertise in agriculture, charities, education, food and beverage, health, insurance,...




Top stories you may have missed
23 March 2015 | Cattle

UK butchers face difficulties to recruit...

Butchers in the UK are losing a generation through lack of training opportu...


20 March 2015 | Arable

Dust - the secret fertiliser?

NASA research has revealed how dust blown from the Sahara desert helps supp...


19 March 2015 | Arable

The Budget 2015: A Farmer's Budget?

“In the run up to the Budget 2015 most commentators were predicting that th...


17 March 2015 | News

UK's first floating solar power system l...

The UK’s first fully operational floating solar panel system has been unvei...


13 March 2015 | Animal Health

Labour and Conservatives clash over badg...

Axing the badger cull in England and Wales will save more than £120 million...


12 March 2015 | News

Solar could be cheapest energy source by...

By 2025, solar power could become one of the cheapest forms of energy in ma...


11 March 2015 | Finance

English buyers turn their attention to S...

Demand for Scottish farm land remains strong and continues to be better val...


9 March 2015 | Cattle

2020 vision for the Welsh red meat indus...

The Welsh red meat industry should aim to increase sales by at least 34 per...


6 March 2015 | News

MP raises egg industry concerns on trans...

Fears about the impact that a proposed transatlantic trade agreement could ...


Stay safe and legal when flying drones

The use of Unmanned Aerial Vehicles and Unmanned Aircraft Systems - or dron...