CAP REFORM & SCHEME UPDATE …..
In the light of the increased demand for entitlements, Rostons are still urging anyone with surplus entitlements to consider selling. Similarly, those who leased in Naked Acres last year may also wish to consider selling.
Having previously carried out Naked Land transfers, Rostons this year do not believe that a Naked Land Transfer would satisfy the increased RPA criteria when determining what satisfies having “land at your disposal”, regardless of what is worded in the agreement or implemented on the ground. We feel that any agreement would fall foul at inspection and would be potentially subject to penalties or repayment.
With English Non SDA Entitlements trading at £240/ha, trading is swift and deals are being agreed within hours of an instruction to sell. English SDA entitlements have also reached a peak of £195/ha.
Please do not hesitate to contact the entitlement trading team should you wish to sell your entitlements.