2018 ENTITLEMENT TRADING UPDATE – 5th APRIL 2018

ENGLISH ENTITLEMENTS – TRADING UPDATE

Non-SDA VAT registered sales >10 hectares

Non-SDA VAT registered sales – all lot sizes

Non-SDA Non-VAT registered sales – all lot sizes

SDA VAT registered sales – all lot sizes

Moorland VAT registered sales – all lot sizes

For up to the minute prices contact Hugh Townsend for Non-SDA and Jake Loftus for SDA and Moorland – telephone 01392 823935.

REGIONAL ENTITLEMENT TRADING UPDATE

Scotland

The deadline has now passed for Scottish entitlement transfers, marking the end of the busiest trading season since the start of the current scheme in 2015. As of the 3^rd of April deadline, the average multiplier for Region 1 entitlements was 1.37 times face value, and Region 2 was 1.29 times face value. Region 3 remained quiet throughout this trading season at a multiplier of 1.2 times face value.

Wales

The Welsh market has seen a dip in prices since our last update, with deals being done at between 0.6 and 1 times face value. The deadline for Welsh trading is the 30^th April.

Northern Ireland

Northern Irish trading remains steady, with entitlements changing hands at between 1.2 and 1.5 times face value. With the 2^nd May trading deadline fast approaching prices are expected to become more volatile.