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One solution for farming businesses likely to be adversely affected by the changes to APR could be to create a Family Investment Company (FIC). This is a type of private limited company that operates by holding farming assets within a company structure, potentially shielding them from large IHT obligations, meaning they could remain within the family for generations to come.
The Supreme Court ruling earlier this year dismissing the attempt by Dartmoor landowners, Mr & Mrs Darwall, to ban wild campers’ access to Dartmoor common land within their Dartmoor estate, has worried many farmers and landowners. They are concerned that the Court’s ruling could open the door to a widespread extension of the right to wild camp on open access land in England and Wales.
The new Renters' Rights Act 2025 includes the only House of Lords amendment to be accepted by the Commons, namely one that relates to agricultural tenancies, something that should interest farmers who let residential properties as part of their diversification strategy. The ending of no-fault evictions (Section 21) under the legislation has dominated the headlines, but there are several other elements that landlords need to be aware of, specifically the nature of the tenancies, rents, and enhanced regulation.