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Old 19-05-2003, 02:10 AM
David P
 
Posts: n/a
Default UK farm profitability to jun 2002

In article , dave@studio-
33.co.uk says...


It is not impossible to get out of agriculture if you are unhappy with
it though is it?


'Impossible' is a strong word. Certainly for many tenant farmers it will
prove extra-ordinarily difficult *unless* their landlord has some
incentive to allow them to walk away. Many will have few if any
realisable assets available to them in order to pay off any dilapidations
claims.

If they are prudent or lucky enough to have another home set by for their
retirement then they may be in a position of being forced to sell in
order to pay tenants outgoer claims. AIUI this would then make them
'voluntarily homeless' and not be in a position to get public housing
provided to them.

Now, I accept, in many cases a landlord would be happy to obtain
possession at nil cost but thta cannot be guaranteed.
--
David
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