BPS entitlements wanted 2018

2018

Below is a selection of the entitlements WANTED for 2018, however please contact us for the most up-to-date information:

Total ha Transfer type Entitlement type Status Deadline
 5.6 BUY NON-SDA £OFFERS 15th May 2018
 200-300 BUY NON-SDA £OFFERS 15th May 2018
 11 BUY NON-SDA £OFFERS 15th May 2018
700  BUY NON-SDA £OFFERS 15th May 2018
 200 BUY NON-SDA £OFFERS 15th May 2018

 

Post Payment Amendments (PPA) – Effect on Entitlements Held

Vendor’s should be aware that, if they have not yet been paid in full for their 2015 or 2016 BPS claims, or they have raised any queries about previous payments that has caused the RPA to put their 2015 and/or 2016 BPS claims into their Post Payment Amendment (PPA) checking process, the balance of the entitlements held may be marked “not confirmed” on the SBI number. This will mean the number of entitlements held may change once the PPA process is complete, and will also mean that a transfer of any entitlements cannot be confirmed by the RPA until any adjustments/amendments are completed. You will still be able to sell entitlements, and we can submit an online entitlement transfer request, but vendors should be aware that we would not be able to send any sale proceeds or issue VAT receipts to purchasers until the RPA confirm the transfer in writing, which would not be until the PPA process has completed.

Entitlement Transfer Rules

Basic Payment Entitlements can be sold, leased or transferred through inheritance and can be sold or leased either with or without land. Sales without land are the easiest to deal with and are the most popular method of trading. VAT is payable on Entitlements traded (sold or leased) without land, unless the seller is non-VAT registered. Unless otherwise stated all the above entitlements are offered for sale without land and VAT will be due on the price agreed. The entitlements listed above are offered subject to contract. Please note we also only act on a subject to contract basis, or subject to the submission of RLE1 forms or actioning an online transfer, when buying or leasing Entitlements or leasing for ‘Naked Acres’ for our clients. We do not enter into oral contracts on behalf of any of our clients. Entitlements and Naked Acres listed may include lots offered by other agents where prices quoted would include an introductory commission payable to Townsend Chartered Surveyors.

From 2015 the usage rule changed and now at least once every two years farmers must now use all their entitlements in a single application, otherwise the unused entitlements will be lost to the National Reserve. From 2015, in England and Wales the minimum claim size increased from one hectare to five hectares. Entitlement transferees are subject to an Active Farmer Test, as are claimants. Therefore transferees and claimants should ensure they are eligible to transfer/claim before arranging entitlement transfers or leasing of entitlements. You do not need to be an active farmer to transfer out or lease out entitlements.

Unless specifically instructed in writing we are unable to provide advice in respect to the Basic Payment Scheme or any other schemes under the Common Agricultural Policy of the European Union, especially how they may affect a particular vendor’s or purchaser’s eligibility for the Basic Payment Scheme. Any such comments or statements made by Townsend Chartered Surveyors verbally during the process of buying, selling or leasing entitlements, or leasing for naked acres or otherwise cannot be relied upon unless such advice is provided in writing following receipt of written instructions for Townsend Chartered Surveyors to provide such advice. Any such oral comments or statements do not form part of entitlement or naked acre agency contracts.

   

 

 

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