Lacy Scott & Knight is long established in the agricultural community of Suffolk and its neighbouring counties and is well respected for its experience and understanding of rural matters.
We provide a consultancy service to help estate owners with management decisions, helping them to formulate policies to match their objectives, maximise returns and be tax efficient. We can provide advice and assistance on land management matters, legislation, grants and subsidies, and more.
Our wide experience and up-to-date knowledge allows us to successfully negotiate appropriate compensation for our clients following the acquisition, severance, disturbance and/or Injurious Affection of land by public utilities.
In the fast changing world of agriculture, we are able to provide advice to maximise potential in tax-efficient ways for the many situations that might arise over a generation. This may include letting under a modern Farm Business Tenancy (FBT), contracting arrangements or Share Farming.
We offer a range of letting/contract farming services to help our clients comply with the Agricultural Tenancies Act and reduce their fixed costs. These include initial appraisal of all options, advising on likely returns, preparing tender proformas and documenting the arrangement. We work closely with consultants who can administer larger-scale farm management agreements.
As agents for the Agricultural Mortgage Corporation (AMC), we are able to offer mortgage and finance services to the agricultural industry.
LANDLORD AND TENANT MATTERS
With comprehensive knowledge of agricultural law and the local market, we can advise on tenancy matters including rental, valuations and cost-effective methods of settling reviews.
One of our agricultural partners is a member of the Panel of Arbitrators appointed by the President of the Royal Institution of Chartered Surveyors (RICS) and takes statutory and private appointments in a wide range of agricultural disputes.
Dispute resolution is a growing area with a greater emphasis placed on alternative dispute resolution by the courts and other professional bodies. We are well versed in the widening aspects of this subject with many of our chartered surveyors appointed as experts in court and arbitration proceedings.