Published: 30/09/2022 By Neil GladwinDespite the uncertainties in the wider economy, our Farm & Rural Finance department remain busy helping farm and estate clients take steps to mitigate the impacts of the falloff in subsidy incomes and increasing energy costs over the coming years. Neil Gladwin elaborates.
Despite the uncertainties in the wider economy, Symonds & Sampson’s Farm & Rural Finance department remain busy helping farm and estate clients take steps to mitigate the impacts of the falloff in subsidy incomes and increasing energy costs over the coming years.
We have worked with some really vibrant and forward-thinking businesses looking at ways to improve efficiencies within their current business, pursue new income streams taking advantage of a relatively favourable rural planning regime, or simply invest in land and buildings to expand the scale of the business.
Amongst some of the more interesting funding proposals, we have been involved in the last year are the following;
- Development of holiday accommodation across Dorset, Somerset, Devon and Cornwall
- Purchase of land for a ‘wild camping’ venture
- Conversion of former farm buildings for residential lettings
- Purchase of an industrial investment portfolio
- Investment in technology including robotic milkers and improved farm waste systems
- Purchase of a public house
- A proposed purchase of a diverse rural estate in Scotland
by photo - A dutch barn being converted to letting accommodation, a recent project where finance was arranged by Neil Gladwin
All our rural finance experts are also qualified Chartered Surveyors and Valuers who understand farm businesses and property matters, able to provide a full wrap-around service for those considering a specific investment or just looking to explore their options.
If you are contemplating a new enterprise or land purchase, or just looking to review your current business finance, contact Neil Gladwin at our Tiverton office on 01884 218911 for an informal discussion - without initial cost or commitment.