BPS Entitlements for sale and lease
ENTITLEMENTS FOR SALE 2021
All price and availability subject to seller's approval
|Non SDA||45.00||under offer||22|
|Non SDA||47.00||under offer||1|
|Non SDA||6.00||under offer||15|
|Non SDA||2.00||under offer||6|
|Non SDA||34.26||under offer||4|
Slightly increased supplies of Non SDA Entitlements have had a slight downward pressure on prices which have reduced to £135-£140/ha + VAT (£150/ha for Non VAT Entitlements). The price of SDA Entitlements has remained firm at about £175-£180/ha + VAT.
The RPA opened the trading window for English entitlements at the beginning of February and announced the transfer deadline as 17th May 2021. Trading has started more strongly than usual at £150/ha + VAT for English Non SDA with smaller lots without VAT achieving slightly more. Prices for SDA and Moorland are £180/ha + VAT and £30-40/ha + Vat respectively.
The Government has announced the continuation of BPS until 2024 albeit with widely publicised tiered reductions. Confirmation that entitlements will be required at least until 2024 has underpinned the market and, as ever, price movements are all about supply and demand rather than investment yield. In other words, the fact that the BPS payments are coming down does not necessarily mean that the entitlement prices will be lower now that there is some certainty about future payments.
15th May (midnight) is still the BPS 2020 entitlement transfer deadline as published on 03.05.2020 by Rural Payments Agency. This is also the deadline to have land at customer's disposal.
15th June 2020 (midnight) is the new deadline for BPS 2020 applications (including Young and New Farmer applications)
Market Prices for English BPS Entitlements:
Non SDA large lots £105/ha + VAT
Non SDA small lots £115/ha + VAT
Non SDA without VAT £125/ha
SDA small and large lots £180/ha + VAT
SDA Moorland large lots £35/ha + VAT
Trading is now underway for 2020 Basic Payment Entitlements. Rural Payments system open.
Trading has now closed for 2019 Scheme Year. Please contact this office for forward trading - 2020 entitlements.
Non SDA large lots £110/ha + VAT
TYPE QTY PRICE £/Ha Ref
SDA large lots £175/ha + VAT
SDA small lots £180/ha + VAT
Moorland - £40/ha + VAT
On-line Basic Payment Entitlement (BPS) trading is now in full swing, coupled with the fact that the Rural Payment Agency has how "opened" the claim window for 2019 Basic Payment Claims (BPS).
Current Prices for English BPS Entitlements are quoted at:
Non SDA large lots £130/ha + VAT
Non SDA small lots £140/ha + VAT
Non SDA without VAT £145/ha
SDA large lots £180/ha + VAT
SDA small lots £200/ha + VAT
Moorland - £40/ha + VAT
Advance trading of entitlements has now started ahead of the RPA on-line trading window which is expected to open in February. Prices for English BPS Entitlements are quoted at:
£150+VAT for Non SDA,
£175+VAT for SDA
£55+VAT for Moorland.
Prices for entitlements without VAT are currently £10-£15/ha higher.