Buying & Selling Farms - The Nuts & Bolts

Introduction

This webinar will look at the fundamentals of buying and selling farms, some useful tips as well as discussing some of the particular nuances that acting in land transactions brings.

Whilst farming is as old as time over the last few years there has been an increase in additional revenue streams to supplement income which means that in addition to purchasing a farm, it is sometime necessary to consider its future use.

What You Will Learn

This webinar will cover the following:

• Why collaboration with other professionals is key
• The basic fundamentals involved in a transactional process when selling and buying a farm
• The importance of site visits
• Understanding farming activities
• The basics of different types of farming tenancies and licences
• Contract negotiations
• Other things to be aware of such as environmental schemes, employees, tax considerations
• The increase in diversification on a farm e.g., renewable energy, holiday lettings

This webinar was recorded on 11th January 2024