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At that rate of rental increase I think I'll pass!

£200 a month on 13th April to £350 a month on 17th July!

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You do up the 3 bed house and the attached 1 bedroom cottage as per the schedule. You need to tender a bid for rent at about 350pcm under a 15 year lease, first rent review is in 5 years time (see attached Pdfs), if your successful you get to live in the farm. You also get .5 hectares of land, and plenty of farm buildings. I'm sure when then 15 years are up you will be able to extend the lease and continue to farm there, but you would probably need to rent some extra land...

Sounds like a cheapish way of getting a small holding . A couple of restrictions, you cant sublet (one of which is a big of a bummer with the self contained cottage), and you need to ask permission before you keep any animals in the property (but Im sure the rest of the farm would be fine)

Edited by AteMoose

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It's a National Trust property.

Repairing leases are quite normal with them.

Presumaby they come with security of tenure (if it's a heritage property they are prohibited by charter from selling it). They rarely experince any difficulty in finding tenants on such terms.

tim

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Sounds like a cheapish way of getting a small holding . A couple of restrictions, you cant sublet (one of which is a big of a bummer with the self contained cottage),

I agree. This does seem to be a bit of a silly restriction.

Looks to me like the ideal use is as a B&B with the owner living in the cottage and renting rooms in the main building. The ITT doesn't preclude such a deal (though it's anyone's guess as to whether they will accept it)

tim

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  • 343 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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