Farm & Rural Finance

Published: 26/09/2023 By Neil Gladwin

Did you know Symonds & Sampson can help you secure flexible and highly competitive funding for a new enterprise or land purchase, or to re-structure existing business finance?

The winds of change for farming and the rural economy continue to gather pace, as the transition from the Basic Payment regime takes greater effect, and against the backdrop of increased volatility in commodity prices, inflated running costs and a ramping up of compliance requirements across all sectors associated with environmental and carbon reduction requirements.

Such generational change is inevitably causing farmers and rural business owners to review their business plans and to look at opportunities to introduce efficiencies and to develop new income streams to replace lost subsidy income or to offer greater stability by underpinning farm sales which are exposed to the vagaries of farm commodity markets.

Meanwhile, DEFRA continues to announce enhancements of the capital funding available from Countryside Stewardship and other schemes intended to encourage improved productivity and use of technology, and while the advantages of such funding can return long-term benefits, they generally require the commitment of up-front capital.

Accordingly, amongst other purposes, we have recently assisted with funding applications, for investments in new milking facilities including robotic milkers, improved farm waste storage, development of holiday lets, land purchases, conversion of buildings for commercial lets, new farmworkers accommodation, as well as re-structuring of existing loan commitments to support long-term cash flows.

If any of this sounds familiar, contact Neil Gladwin at our Tiverton Office on 01884 218911 for an informal discussion as to how we can help you - without initial cost or commitment,.

For details of the range of Rural Services we can offer, please click here.


Image - A dutch barn being converted to letting accommodation, a recent project where finance was arranged by Neil Gladwin



Meet the Farm Finance Team


Edward Dyke


Partner
Sturminster Newton

FRICS FAAV



Department: Rural and Agricultural, Professional, Sturminster Newton Rural and Agricultural

Speciality: Agricultural Tenancies, Agricultural Appraisals, AMC Boundary Disputes, Compensation, Compulsory Purchase, Contract Farming, Development Land, Diversification, Easements, Expert Witness, Farm Business Tenancies, Farms and Land, Grass Keep, Option Agreements, Options, Planner, Preparation of Plans for Land Registry, Probate, Promotions, RICS Registered Valuer, RICS Valuer, Tax Planning, Valuations, Valuations for Banks, Wayleaves
01258 474261
07787 128286
edyke@symondsandsampson.co.uk

Greg Ridout


Partner, Head of Agricultural Auctions
Frome Market, Yeovil

MRICS


Department: Yeovil Rural and Agricultural, Professional, Rural and Agricultural, Agricultural Auctions, Frome Market Rural and Agricultural
Speciality: Agricultural Tenancies, Agricultural Appraisals, Agriculture, AMC, BPS, Compensation, Compulsory Purchase, Contract Farming, Diversification, Easements, Farm Business Tenancies, Farm Finance, Farms and Land, Grass Keep, Planner, Preparation of Plans for Land Registry, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Telecoms, Valuations

01935 382909
07817 517467
gridout@symondsandsampson.co.uk

A-J Monro (Andrew)


Partner, Head of Professional Services
Wimborne

BSC(Hons) MRICS FAAV APAEWE

Department: Rural and Agricultural, Professional, Wimborne Rural and Agricultural

Speciality: Agricultural Tenancies, AMC, Boundary Disputes, BPS, Compensation, Contract Farming, Development Land, Diversification, Easements, Energy, Expert Witness, Farm Business Tenancies, Farm Finance, Farms and Land, Grass Keep, Option Agreements, Options, Planner, Preparation of Plans for Land Registry, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Telecoms, Valuations, Valuations for Banks, Wayleaves



01202 882103
07867 555838
amonro@symondsandsampson.co.uk

Will Wallis


Partner, Auctioneer
Dorchester, Frome Market, Poundbury Burraton House

MRICS FAAV

Department: Rural and Agricultural, Dorchester Rural and Agricultural, Frome Market Rural and Agricultural, Burraton Rural and Agricultural, Professional
Speciality: Agricultural Tenancies, Agriculture, BPS, Contract Farming, Development Land, Farm Business Tenancies, Farms and Land, Grass Keep, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Valuations, Valuations for Banks


01305 236572
wwallis@symondsandsampson.co.uk

Patrick Woodford


Partner
Bridport, Poundbury Burraton House

MRICS FAAV

Department: Bridport Rural and Agricultural, Professional, Burraton Rural and Agricultural, Rural and Agricultural
Speciality: Agricultural Tenancies, Agricultural Appraisals, Biodiversity Net Gain,  Boundary Disputes, Compensation, Development Land, Diversification, Easements, Energy, Estate Management, Expert Witness, Farm Business Tenancies, Grass Keep, Option Agreements, Options, Planner, Preparation of Plans for Land Registry, Probate, Promotions, RICS Registered Valuer, RICS Valuer, Tax Planning, Valuations, Valuations for Banks, Wayleaves


01308 426922
pwoodford@symondsandsampson.co.uk

Jack Edwards


Partner
Salisbury

MRICS FAAV


Department: Rural and Agricultural, Professional, Salisbury Rural and Agricultural
Speciality: Agricultural Tenancies, Agricultural Appraisals, Agriculture, BPS, Compensation, Contract Farming, Diversification, Easements, Estate Management, Farm Business Tenancies, Farms and Land, Grass Keep, Option Agreements, Planner, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Valuations, Valuations for Banks, Wayleaves

01722 334323
07747 888385
jedwards@symondsandsampson.co.uk

Jack Curnick-James


Senior Surveyor
Devizes

MRICS FAAV


Department: Rural and Agricultural, Devizes Rural and Agricultural, Professional
Speciality: Agricultural Appraisals, Agriculture, AMC, BPS, Compensation, Compulsory Purchase, Diversification, Expert Witness, Farm Finance, Farms and Land, Grass Keep, Planner, Probate, RICS Registered Valuer, RICS Valuer, Rural Grants and Subsidies, Tax Planning, Valuations, Valuations for Banks



01380 710535
jcjames@symondsandsampson.co.uk