Publication

Agricultural Rent Survey – Year to 30 April 2015

Rents continued to rise but the rate of increase has slowed.

■  Rents for all types of tenancy rose by an average of 22% as a result of reviews and new lettings in the year ending 30 April 2015, compared with 28% in the previous year.

■  Rents for existing tenancies rose by an average of 19% at review, composed of a rise of 16% for Agricultural Holdings Act tenancies and 25% for rent reviews on existing Farm Business Tenancies.

■  Rents for new Farm Business Tenancies rose by an average of 39% compared with the previous rent for the land.

 

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