Demand is outstripping supply for English Basic Payment Scheme (BPS) entitlements, with non-severely disadvantaged area (non-SDA) entitlements consistently selling for about £200/unit.

There are now just three full weeks left before the entitlement trading window closes in England on 16 May and demand is strong.

Hugh Townsend, of Townsend Chartered Surveyors, said prices were changing daily because of the short supply, but were currently about £195-£210/unit (plus VAT) level. Read more…