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Agricultural Ties

 
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tahir



Joined: 28 Oct 2004
Posts: 45673
Location: Essex
PostPosted: Fri Oct 29, 04 11:26 am    Post subject: Agricultural Ties Reply with quote
    

From my understanding an agricultural tie means that my main income must come from agriculture, although my longer term intention is to make my primary living from it at least in the short term I'd need to supplement it. Is this a possibilty? What are my options?

alison
Downsizer Moderator


Joined: 29 Oct 2004
Posts: 12918
Location: North Devon
PostPosted: Thu Nov 11, 04 11:18 pm    Post subject: Reply with quote
    

When we were looking at a property with one it seems you must earn 51% of your earning from agriculture all the time. This can be going out to work as well, but must be ag.

tahir



Joined: 28 Oct 2004
Posts: 45673
Location: Essex
PostPosted: Fri Nov 12, 04 10:03 am    Post subject: Reply with quote
    

Thanks, won't be any good to me then

wellington womble



Joined: 08 Nov 2004
Posts: 15051
Location: East Midlands
PostPosted: Fri Nov 12, 04 11:27 am    Post subject: Reply with quote
    

I think that's the gist of them, but they do vary. Something like one partners main income must be form local farming (that can include forestry and fishing and stuff too)

I have wondered whether it is possible to be a bit sneaky about this. If my main income was from raising a few pigs etc etc, could I then sell the products to my OH for use in our family. I reckon if I sold him firewood, rented land (for the wind turbine!) and sold him all the produce (naturally at premium organic prices) then this could work. It might work better if we didn't get married (too late for Tahir, I suppose and everything would have to be run as proper business. But otherwise I think this obeys the letter of the law and also (sort of) the spirit. I'd be working the land, we get good produce, the land stays agricultural, we get to live in the country, the local comunity gets all the support we can give them. As long as they were market prices, I think this would be fair. After all, if you take goods for yourself in leui of payment, you have to declare it.

I suppose this would also work if one partner worked to support the other, who was just doing ag work, and even their income were minimal, as long as they didn't make more than 49% elsewhere, it would be within the tie.

One thing I have wondered is who checks? Obviously you can't be getting income from the land until you own it, so there must be some kind of grace period. I heard something somewhere about you must make a profit one year out of the first three. I wonder if this is a tax profit or a real one (it's much easier to make a tax profit.) Does anyone know if this would work?

Claire

alison
Downsizer Moderator


Joined: 29 Oct 2004
Posts: 12918
Location: North Devon
PostPosted: Fri Nov 12, 04 12:11 pm    Post subject: Reply with quote
    

I don't think market gardening comes under the ag tie

Not sure how it would stand with you living on the property either. Good idea though.

Sarah D



Joined: 28 Oct 2004
Posts: 2584

PostPosted: Fri Nov 12, 04 12:37 pm    Post subject: Reply with quote
    

Restriction or restrictions placed on certain rural property that requires that the land adjoining a residence be actively used for farming or uses associated with farming. This is generally extended to the use of the residence on the land also and can state that it only be used for the benefit of farm workers and their family.

This is the definition I found on the net. It might be worth while going to an Estate Agent that deals with rural properties if you have specific questions or queries - they are generally quite helpful, and again, should have that all important local knowledge.

wellington womble



Joined: 08 Nov 2004
Posts: 15051
Location: East Midlands
PostPosted: Fri Nov 12, 04 3:13 pm    Post subject: Reply with quote
    

I think they're are all different. When we get an opportunity, we'll run it past our soliciotr. he can earn his money for once!

Lindsay



Joined: 03 Nov 2004
Posts: 61
Location: Stuck in the suburbs
PostPosted: Sat Nov 13, 04 7:14 pm    Post subject: Reply with quote
    

Some of the ones I've come across are so restrictive that you can't buy the tied house unless you're already earning your living from agriculture

tahir



Joined: 28 Oct 2004
Posts: 45673
Location: Essex
PostPosted: Sat Nov 13, 04 7:56 pm    Post subject: Reply with quote
    

I've only looked at one yet, and the tie that had meant you had to be earning your money from agriculture already

wellington womble



Joined: 08 Nov 2004
Posts: 15051
Location: East Midlands
PostPosted: Sat Nov 13, 04 10:26 pm    Post subject: Reply with quote
    

Honestly, what a silly rule!

We once had a mortgage company who stipulated that we must give a provide a rental agreement for the property before they would provide us a buy-to-let mortgage on it. Wehn we rang up and asked how we were supposed to rent out a property we didn't own and mentioned that it was highly illegal anyway, the went away and had a rethink, and said that perhaps in this case it wouldn't be necessary after all!

I will live in a house in the country. I might have be a little devious to get there, but I will.

When I've figured out how, I'll let you all know!

Lindsay



Joined: 03 Nov 2004
Posts: 61
Location: Stuck in the suburbs
PostPosted: Sat Nov 13, 04 11:48 pm    Post subject: Reply with quote
    

On the other hand, when we've worked it out maybe we'll write a book about how to do it and make sh*tloads of money

tahir



Joined: 28 Oct 2004
Posts: 45673
Location: Essex
PostPosted: Sun Nov 14, 04 12:05 am    Post subject: Reply with quote
    

I'll wait for you two then

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