Agricultural tenancies and diversification
With significant challenges being faced by tenant farmers in a post-Brexit world, could diversification be a solution to secure the sustainability and prosperity of a farm, asks Alistair Millar, agricultural lawyer and Partner at Tallents Solicitors in Southwell.
However, tenant farmers who wish to pursue a diversification project face several hurdles along the way, including the provisions of the agricultural tenancy legislation, gaining the landlord’s permission and agreeing terms for a variation to the existing agricultural tenancy. Alistair offers some guidance for success.
With data showing that productivity growth in the UK farming industry is extremely low compared to other developed countries and affecting our ability as a nation to compete, grow new markets, have a prosperous farming sector and improve our environment, the Department for Environment, Food and Rural Affairs (DEFRA) has been consulting on ways to reform Agricultural Tenancy Law that will ensure it is fit for the future.