Renting land

Bernice101

I have been renting a farm for the past 15 years. There is about 40 Acers of clear land very bad boundaries internal and external but good limestone land, plus 60 Acers of woodland which I haven't used in 3 years because my animals end up in a neighbours place because of on boundaries and lots of wild goats, I was always paying around €3,500. In recent years an old house which is in the middle of it has been restored and now it will be rented out to guests a different crowd every week so it will be awkward in its own way. now the landowner wants to increase the rent to €5,000 or close to it. With fertilizer prices and silage contractor 2011. I suppose I am looking for advice.

JohnBoy

125 an acre for 40 acres of good land doesnt sound that bad.

Try and get a long lease on it and invest a bit of money in fencing, or try and get a reduction in rent in lieu of fencing.

You've had the place for 15 years, surely you've some responsibility for fencing?

work something longer term that can be mutually beneficial.

sinewc

theres a good article in this weeks farming independent. it covers an auction of leasing land in kilkenny. Massive demand drove the prices up. the top price was €425/acre for a fifty something acre plot. it was good tillage land apparently and no information was given on entitlements but more lands made €350 at the same auction.
It's worth whatever the next man is willing to pay for it and you can be sure there'll be someone else who'll take it.