The messages are mixed and the discussion is personal but having a clear business strategy as a tenant farmer and a good offering to your landlord, understanding their needs and wants whether it be agricultural, environmental, capital growth or diversification, is a great way to build a long term working relationship.
Working as we do with a lot of medium size and larger family owned and run businesses, we inevitably work quite closely with the tenanted farming sector – both in terms of clients who are solely tenant farmers and also clients who are a mix of owner occupied and rented land, particularly as businesses have grown and opportunities have come up to take on additional land to supplement growing dairy and livestock businesses as well as to increase arable farming.
The range of tenancies that we deal with is huge, from a number of agricultural holdings act tenancies, many of which are now in their second and third generation, through to farm business tenancies, grass keep licences and a number of relatively informal agreements.