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We are trusted advisors to a number of family and charitable estates, with relationships spanning decades; handling all of their property transactions, registration of estates with the Land Registry, wills and inheritance planning, and increasingly commercial work as estates seek new ways to diversify their estates beyond just farming.
Advising an estates client on the management and development of its in-hand farming estate and its let estate comprising farming and other enterprises let to tenants. With the future of country pursuits and the countryside in mind, the Estate, working together with a number of charitable and commercial partners, set up a corporate vehicle to hold residential and day camps to offer an educational hands-on approach to a range of country pursuits. We advised on the legal and regulatory compliance issues faced when offering country pursuits involving, in particular, children, residential camps, animals and shooting. We assisted with the set-up of the joint venture vehicle and provided legal advice relating to safeguarding, data protection, health and safety, food regulation, branding and advertising and marketing. We also drafted the terms and conditions on which the camps are offered and our team attended as team leaders at the events to ensure smooth running and legal and regulatory compliance.
Advising on the restructuring of a valuable and extensive agricultural estate to meet the objectives of the respective trustee owners, including the use of companies and/or LLP, in the context of tax (especially IHT, income tax and SDLT) considerations, and commercial factors.
We have acted for a number of clients on the disposal of surplus agricultural land but with the benefit of overage clauses to ensure future payments become due should there be any development of that land.
Acted on the purchase of over 350 acres of freehold agricultural land that for the seller’s tax purposes had to be exchanged within 48 hours of our instruction. As part of the sale the seller reserved holdover rights over the existing crops whilst we also had to deal with the transfer of the Single Payment Scheme (SPS) and a retention until the SPS was successfully transferred.
One of the most important and yet simple areas of property management is ensuring that your address details as a landowner are up to date and registered correctly at the Land Registry.
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