Land Rental - Fair Price

  • 8 Replies
  • 5551 Views
*

John

  • Administrator
  • Hero Member
  • *****
  • Location: Clogwyn Melyn, Gwynedd
  • 17113
    • Low Cost Living
Land Rental - Fair Price
« on: February 17, 2012, 01:25 »
We let out our poor pasture last year to a local farmer for sheep. Roughly 3 acres. I'm wondering if £150 is a fair price (March to November) or should I be asking for more?

One Scottish farmer intimated that was very under priced but didn't really suggest a figure.

We're 200M up in Snowdonia, so not as lush as the lowlands.
Check out our books - ideal presents

John and Val Harrison's Books
 

*

joyfull

  • Hero Member
  • *****
  • Location: lincolnshire
  • 22168
    • Monarch Engineering Ltd
Re: Land Rental - Fair Price
« Reply #1 on: February 17, 2012, 07:22 »
why not ask for a chopped up ready for the freezer lamb or mutton instead of money. I paid just over £120 for a locally grown lamb not long ago.
Staffies are softer than you think.

*

arugula

  • Winner - prettiest sunflower 2011
  • Hero Member
  • *****
  • Location: Coastal Argyll
  • 24904
  • hic svnt leones
Re: Land Rental - Fair Price
« Reply #2 on: February 17, 2012, 07:51 »
I paid just over £120 for a locally grown lamb not long ago.

They've gone up, I paid half that a year ago.

£50.00/acre for 9 months sounds very cheap John, unless that is per month rather than a one-off fee. I'll see if I can make some enquiries on local rental prices for similar land.
"They say a snow year's a good year" -- Rutherford.

*

sarajane

  • Hero Member
  • *****
  • Location: Chester
  • 1279
Re: Land Rental - Fair Price
« Reply #3 on: February 17, 2012, 08:03 »
John I wouldn't have a clue how to answer this except to say some people on this site pay that much just for an allotment plot, and you have 3 acres ?

*

DD.

  • Global Moderator
  • Hero Member
  • *****
  • Location: Loughborough. a/k/a Digger Dave. Prettiest Pumpkin prizewinner 2011
  • 30465
  • Pea God & Founder Member of The NFGG
Re: Land Rental - Fair Price
« Reply #4 on: February 17, 2012, 08:08 »
I'm no expert on the matter, but John's talking about poor pasture land, as opposed to fertile arable land. I'm sure there's a world of difference in the price!
Did it really tell you to do THAT on the packet?

*

John

  • Administrator
  • Hero Member
  • *****
  • Location: Clogwyn Melyn, Gwynedd
  • 17113
    • Low Cost Living
Re: Land Rental - Fair Price
« Reply #5 on: February 17, 2012, 09:13 »
Pasture is always cheaper than arable and poor cheaper than good pasture. I don't want to rip the farmer off (that'll be the day) but I have a sneaky suspicion he's laughing all the way home at the daft English guy who agreed to a low price.


*

sion01

  • Senior Member
  • ****
  • Location: North West Wales
  • 710
Re: Land Rental - Fair Price
« Reply #6 on: February 17, 2012, 16:41 »
I can't help with the daft English guy bit but I do know that in the locality prices do vary.I will be renting 38 acres quite soon hopefully and that will be at 40an acre and thats with the owner providing fertilizer but I will pay for it being spread.Thats for a 11months contract.

I know of another who rents 105 acres on 11months contract for £7000 a year also with the landowner providing fertilizer so about £66/acre and another on £63/acre on the same terms.

If for 9months without fertilizer i'd guess it would be around OK.Just be carefull that the farmer isn't also claiming Single Farm Payment for the land .That would probably mean that he was getting it for free.

 

*

John

  • Administrator
  • Hero Member
  • *****
  • Location: Clogwyn Melyn, Gwynedd
  • 17113
    • Low Cost Living
Re: Land Rental - Fair Price
« Reply #7 on: February 17, 2012, 17:53 »
Thanks for that - sounds like a reasonable price then.  I'm not trying to squeeze him but don't want to be known as an idiot.


*

sion01

  • Senior Member
  • ****
  • Location: North West Wales
  • 710
Re: Land Rental - Fair Price
« Reply #8 on: February 17, 2012, 22:17 »
If you want a professional view you could call in at Bryncir Market a few miles down the road and pretend you wanted to let them let the land for you.Or just ask them.Try not to call on Mondays when the store market is on or on wednesdays when the fatstock market is on



xx
Pig and Poultry Fair 2014

Started by joyfull on Livestock and Growing on a larger scale

0 Replies
5030 Views
Last post April 11, 2014, 07:34
by joyfull
xx
How much to pay for sheep? Whats a good price?

Started by nuzuki on Livestock and Growing on a larger scale

19 Replies
79711 Views
Last post October 15, 2017, 15:11
by John
xx
land

Started by thecakebaker on Livestock and Growing on a larger scale

3 Replies
4147 Views
Last post May 23, 2011, 20:39
by sion01
xx
another strip of land

Started by GTFC197 on Livestock and Growing on a larger scale

3 Replies
3381 Views
Last post March 30, 2012, 19:41
by GTFC197
 

Page created in 0.116 seconds with 39 queries.

Powered by SMFPacks Social Login Mod
Powered by SMFPacks SEO Pro Mod |