The Bell Ingram Blog Spot News

Highland Property Forecast: Surging Demand for Island Properties as Rural Living Trend Continues

Surging Demand for Island Properties as Rural Living Trend Continues: Insights from Joanne Stennett from Bell Ingram Highland

Forecasting market performance is always difficult, but with inflation stabilising and mortgage rates steadying, it would be surprising not to see a resurgence of trust and certainty in the Highlands & Islands property market for 2024.

The first quarter of the year is looking promising and this should continue into the Spring which ordinarily sees an influx of both purchasers and sellers who have been biding their time until the weather improves for viewings.

Scotland’s Highlands & Islands have always attracted buyers from bigger towns and cities looking for a better standard of living in a less populated area and changes to the way people can now work has also helped the region with many people relocating since Covid, provided of course that they have a good broadband connection.

It’s unsurprising that in our region, homes with sea views and some land remain the most coveted. Regardless of the economic climate, we anticipate these properties will consistently generate high demand and fetch excellent sale prices.

Interestingly, demand for Island properties is unseasonably high and the desire to move to more remote locations seems to be continuing. However, the reasons why people chose to move still remain whether they are up-sizing or down-sizing, job relocation or just a simple desire to live a more rural lifestyle.

Like my colleagues in other parts of Scotland, I haven’t noticed any reductions in valuations within Home Reports. But I have observed that potential premiums above the asking price have decreased, aligning more closely with the values stated in the Home Report.

Persistently low stock levels also continue to challenge the market, primarily due to sellers hesitating to list their properties until they’ve secured a new home or attempted to buy one contingent upon selling their current home.

But looking ahead, there’s plenty of reasons to be cheerful, especially in the Inverness area, mainly due to the progress of the Inverness and Cromarty Firth Green Freeport. This initiative is gaining momentum, and it’s estimated that it could potentially generate 10,000 jobs in the vicinity of Inverness, Ardersier, and Invergordon/Nigg.

In conclusion, I anticipate that house prices will remain stable, and in retrospect, 2024 will be regarded as the new standard for a ‘normal’ year, marking the first such year since 2019.

Our people

Joanne Stennett

Joanne Stennett

Associate
Estate Agency
Tel: 01463 717 799

About: Joanne heads up the Estate Agency team in our Beauly office and is focused on ensuring her clients have a positive experience when they list their property with Bell Ingram. From country houses to farms and estates, she has been marketing prime residential property in the Highlands and Islands for over 17 years. Joanne is well known in the local area, having developed excellent relationships with buyers and sellers. Interests: Residential Estate Agency, Rural Property Sales.

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We'd love to hear from you, use the form below to email me direct

    The Bell Ingram Blog Spot News

    Navigating Scotland’s 2024 Property Market: Insight from Carl Warden, Bell Ingram’s Head of Agency

    Navigating Scotland’s 2024 Property Market: Insights from Carl Warden, Bell Ingram’s Head of Estate Agency

    Since I am frequently asked: “How is the property market?” I felt it was important to make comment early in 2024.

    In the first quarter of the year, Scotland’s property market is typically dependent upon weather conditions as people gear themselves up for the Spring market.

    There’s been a reasonably brisk start to 2024 as both buyers and sellers have begun to adjust their mindset and become accustomed to the changes that they have witnessed in the market in 2023.

    Regrettably, many sellers aim for the highest possible price, often seeking a premium above the Home Report value. Conversely, buyers seek to negotiate significant discounts. These vastly differing approaches often result in a challenging path towards reaching a deal.

    One prominent challenge in the market is the persistently low stock levels, primarily due to sellers hesitating to list their properties until they’ve secured a new home or attempted to buy one contingent upon selling their current home.

    As Agents, we cannot advise our clients to take their property off the market while they wait for potential buyers to sell their own properties. This approach is fraught with risks and potential complications, contributing to a market that mirrors the English-style of selling, characterised by chains that are prone to breaking.

    I haven’t observed any reductions in valuations within Home Reports. However, we’ve noticed that potential premiums above the asking price have decreased, aligning more closely with the values stated in the Home Report.

    Monitoring demand proves challenging amidst the persistently low supply. However, the motivations driving people to move—whether it’s upsizing, downsizing, job relocation, or a desire for a more rural lifestyle—remain unchanged. Hence, I would confidently assert that demand remains robust for the right style of properties.

    Purchasers have now reverted back to being more particular about their exacting requirements and this is a reflection of the market being less competitive than 2022 and 2023. The outlook for the year ahead is a simple case of the market readjusting to the new conditions and accepting that the cost-of-living crisis, food prices and interest rates have all increased around them. However, one of the most important things in life is the surroundings in which people live and their family home. I am therefore confident that although properties may not sell as quickly as initially anticipated, a successful sale will still be achieved in a reasonable time-frame.

    Our people

    Carl Warden

    Carl Warden

    Partner
    Estate Agency
    Tel: 01738 621 121

    About: Carl heads up the Residential Estate Agency division for the company and has a proven track record within the Scottish property sector. He has been marketing property in the Perth and Kinross area for over 35 years and has vast and detailed practical experience and knowledge of selling prime residential property: from period homes to contemporary developments. Carl is well known in the local area, having developed excellent relationships with buyers and sellers. His wider role involves looking after and supporting our Agency teams and colleagues in Oban, Beauly, Ayr and Forfar. Interests: Estate Agency, Market Valuation, Negotiation.

    Get in touch

    We'd love to hear from you, use the form below to email me direct

      The Bell Ingram Blog Spot News

      People make Inverness one of the happiest places to live in Scotland

      People make Inverness one of the happiest places to live in Scotland

      Inverness was among the happiest places to live in Scotland during 2023.

      Each year online property portal Rightmove asks people to share what makes them happy about where they live, and what they believe makes it special. Its Happy at Home Index, now in its 12th year, surveyed 26,000 people across the UK to gauge their opinion of their area based on 13 happiness factors.

      From residents’ sense of pride and belonging to the local services and amenities on offer, Rightmove then pulled together a list of the happiest places to live in the UK based on the scores people gave their local area.

      For the second year in a row Galashiels took the top spot as the “happiest” place to live in Scotland, with Inverness following a close second.

      According to the survey, it’s often less tangible things such as community spirit as well as a sense of belonging which contribute toward people’s opinions of their homes, though for 2023 living near green spaces and natural beauty was another highlight.

      Commenting on the survey, Joanne Stennett from Bell Ingram’s Highland office said: “My family were lucky enough to relocate to the area 12 years ago from the West Coast. I must say it is the best move we have ever made. We have beaches and mountains within easy reach as well as lochs for swimming and bike tracks in the forests. The airport also allows us to fly to various destinations within the UK and abroad.”

      But it’s not just the friendly locals that makes the region worth visiting, Inverness offers a host of appealing factors that make it an attractive location for homebuyers.

      Natural Beauty and Tranquil Lifestyle: Inverness-shire is known for its stunning natural landscapes, featuring dramatic mountains and picturesque lochs. If you value a low stress lifestyle and appreciate the beauty of the outdoors, buying a home in Inverness-shire provides the opportunity to enjoy these scenic surroundings daily. The region offers a peaceful escape from the hustle and bustle of urban life.

      Outdoor Recreation Opportunities: Inverness-shire is a haven for outdoor enthusiasts. Whether you enjoy hiking, golfing, biking, fishing, or water sports, the region provides a plethora of recreational opportunities. Having a home in Inverness-shire means easy access to walking trails, and various outdoor activities, contributing to a healthy and active lifestyle.

      Rich Cultural Heritage and History: Inverness-shire has a rich historical and cultural heritage, with landmarks, castles, and museums that showcase its fascinating past.

      Community Atmosphere: Many towns and villages in Inverness-shire and surrounding areas offer a strong sense of community. Buying a home in such an area can provide a supportive and welcoming environment. Local events, festivals, and community activities foster a sense of belonging, making it easier to connect with neighbours and build lasting relationships.

      Quality of Life and Amenities: Inverness-shire provides a high quality of life with a good balance of modern amenities and a peaceful atmosphere. Inverness offers shopping centres, schools, healthcare facilities, and other essential services, ensuring that residents have access to everything they need. Additionally, the region’s well-maintained infrastructure contributes to a comfortable living experience.

      Before making a decision to buy a home, it’s crucial to consider factors such as your personal preferences, lifestyle, and long-term goals. Conducting thorough research and potentially visiting the area can help you make an informed choice that aligns with your needs and aspirations.

       

       

      Our people

      Joanne Stennett

      Joanne Stennett

      Associate
      Estate Agency
      Tel: 01463 717 799

      About: Joanne heads up the Estate Agency team in our Beauly office and is focused on ensuring her clients have a positive experience when they list their property with Bell Ingram. From country houses to farms and estates, she has been marketing prime residential property in the Highlands and Islands for over 17 years. Joanne is well known in the local area, having developed excellent relationships with buyers and sellers. Interests: Residential Estate Agency, Rural Property Sales.

      Get in touch

      We'd love to hear from you, use the form below to email me direct

        The Bell Ingram Blog Spot News

        Mull tops the list of Scotland’s most desirable locations

        Visitors rank Scotland’s most desirable locations – and Mull tops the list

        Looking for your next move? Office space consultancy Freeofficefinder.com has ranked the most desirable places to live in Scotland using the number of views each location received on TikTok – and Mull tops the list!

        With more and more people working from home these days, relocating to a picturesque Scottish island offers open green spaces, good for the soul, a space to boost mental health, a place to spend more quality time with family while at work.

        Mull is a spectacular island, a wonderful place for those looking to escape a high-paced lifestyle. To the north of the island, Tobermory is famous for its colourful painted houses, a picturesque coastal town with a thriving social scene. Heading further south, the Ross of Mull offers stunning coastal views, where pink granite rocks meet crystal clear seas, creating a dramatic landscape.

        Mull Property Expert Andrew Fuller, Bell Ingram Oban, explains, “I’ve been living on the Isle of Mull since 2016, having spent a lot of my childhood holidays exploring the island. It truly is a wonderful place to live and work, with plenty of community events and activities to get involved with. I’m able to guide clients who are looking to relocate to Mull, offering advice on the many quirks of island living.

        “Employment opportunities are regularly advertised on the island, however we also seeing many clients opting to work from home, the perfect work/life balance. Families moving to Mull will find good educational options for their children, with several primary schools located around island, and a high school in Tobermory. There is also a property type to suit every budget, from one-bedroom coastal flats to grand estate houses.

        “Most properties in this area offer incredible value when compared to other regions in the UK. The leisurely pace of life and the breathtaking surroundings combine to create a tapestry of adventures, making every single moment truly worthwhile.”

        But it’s not just mesmerising views and astonishing wildlife that makes the Scotland’s islands worth visiting, both Mull and Islay in particular offer a raft of appealing factors that make them an attractive location for homebuyers. Here are five reasons to consider trying island life:

        Scenic Beauty: Mull is known for its breathtaking landscapes, including rugged coastlines, rolling hills, and picturesque lochs. The island is home to diverse wildlife, including sea eagles, seals, and otters. If you appreciate natural beauty and tranquillity, buying a house in Mull allows you to immerse yourself in stunning surroundings.

        Outdoor Recreation: Mull provides abundant opportunities for outdoor activities such as hiking, birdwatching, and water sports. With numerous trails, coastal paths, and waterways to explore, residents can enjoy an active and healthy lifestyle in a pristine natural environment.

        Island Community: Mull has a close-knit and welcoming community. If you’re looking for a place where people know each other, and there’s a strong sense of community spirit, Mull might just be the ideal location. The welcoming population contributes to a friendly atmosphere and a sense of belonging.

        Rich History and Culture: Mull has a rich history, with ancient castles, archaeological sites, and traditional Scottish culture. Living in Mull allows you to immerse yourself in the local history and traditions, providing a unique and enriching cultural experience.

        Escape from Urban Life: If you’re seeking a peaceful retreat away from the hustle and bustle of city life, Mull offers a serene escape. With a slower pace of life, clean air, and minimal light pollution, you can enjoy a more relaxed and laid-back lifestyle on the island.

        Keep in mind that while Mull has its unique charm, it’s essential to thoroughly research the practical aspects of island living, such as transportation, amenities, and local services, before making a decision to relocate.

        Here are the seven “most desirable places to live” in Scotland according to the research.

        Isle of Mull, Argyll and Bute

        Braemar, Aberdeenshire

        Craigellachie, Moray

        Isle of Islay, Argyll and Bute

        Killearn, Stirling

        Gullane, East Lothian

        Elie, Fife

        *Source Freeofficefinder.com

        Contact Andrew, Laura or Mairi to arrange your no obligation market appraisal. Tel: 01631 566 122 or oban@bellingram.co.uk

        Our people

        Andrew Fuller

        Andrew Fuller

        Senior Associate
        Estate Agency
        Tel: 01631 566 122

        About: Andrew heads up the Estate Agency team in our Oban office and is focused on ensuring his clients have a first-class experience when they list their property with Bell Ingram. A resident of the Isle of Mull, Andrew is very well known across the West Coast of Scotland and has developed an excellent reputation for marketing prime residential property, including plots, crofts, island homes and lifestyle opportunities. Andrew joined Bell Ingram following almost 15 years managing several high-level private and commercial development projects in the United Arab Emirates. Interests: Residential Estate Agency, Rural Property Sales.

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          The Bell Ingram Blog Spot News

          Booking.com ranks the most welcoming places on earth – and Perthshire tops the list

          Booking.com ranks the most welcoming places on earth – and Perthshire tops the list

          Looking for your next move? Booking.com has revealed a full list of the most welcoming places in the world – and Perthshire in Scotland takes first place.

          The ranking by the popular online travel agency placed the county first, with Penghu, Taiwan in second place, followed by Boyacá, Colombia, in third.

          The list was identified based on the share of accommodation providers receiving a Traveller Review Award 2024* from Booking.com.

          Perthshire Property Expert Carl Warden, Bell Ingram’s Head of Estate Agency, says: “There are so many attractive features that make Perthshire such a draw for purchasers, many of whom are coming from across the border. The recent lockdown has focussed so much attention on quiet and peaceful locations, with open space and the ability to work remotely. Perth and the surrounding areas are perfect for this and I am delighted to offer so many lovely properties to the market.”

          But it’s not just friendly locals that makes the region worth visiting, Perthshire offers several appealing factors that make it an attractive location for homebuyers looking for property for sale in Perthshire. Here are five reasons to consider buying a home in what locals call “the Big County”:

          Natural Beauty and Tranquil Lifestyle:

          Perthshire is known for its stunning natural landscapes, featuring rolling hills, picturesque lochs, and lush greenery. If you value a tranquil lifestyle and appreciate the beauty of the outdoors, buying a home in Perthshire provides the opportunity to enjoy these scenic surroundings daily. The region offers a peaceful escape from the hustle and bustle of urban life.

          Outdoor Recreation Opportunities:

          Perthshire is a haven for outdoor enthusiasts. Whether you enjoy hiking, golfing, fishing, or water sports, the region provides a plethora of recreational opportunities. Having a home in Perthshire means easy access to nature reserves, walking trails, and various outdoor activities, contributing to a healthy and active lifestyle.

          Rich Cultural Heritage and History:

          Perthshire has a rich historical and cultural heritage, with landmarks, castles, and museums that showcase its fascinating past. Owning a home in Perthshire means being surrounded by history, giving you the chance to explore and appreciate the region’s heritage. Scone Palace, Blair Castle, and the historic town of Dunkeld are just a few examples of the cultural gems in Perthshire.

          Community Atmosphere:

          Many towns and villages in Perthshire offer a strong sense of community. Buying a home in such an area can provide a supportive and welcoming environment. Local events, festivals, and community activities foster a sense of belonging, making it easier to connect with neighbours and build lasting relationships.

          Quality of Life and Amenities:

          Perthshire provides a high quality of life with a good balance of modern amenities and a peaceful atmosphere. Cities like Perth offer shopping centres, schools, healthcare facilities, and other essential services, ensuring that residents have access to everything they need. Additionally, the region’s well-maintained infrastructure contributes to a comfortable living experience.

          Before making a decision to buy a home, it’s crucial to consider factors such as your personal preferences, lifestyle, and long-term goals. Conducting thorough research and potentially visiting the area can help you make an informed choice that aligns with your needs and aspirations.

          The 10 most welcoming regions on Earth

          Perthshire, Scotland

          Penghu, Taiwan

          Boyacá, Colombia

          Trentino – Alto Adige, Italy

          Los Lagos, Chile

          Erongo, Namibia

          Otago, New Zealand

          Lapland, Finland

          Asturias, Spain

          Friesland, Netherlands

          *Source: Booking.com

          To arrange your no obligation market appraisal, contact Carl Warden on 01738 621 121.

          Our people

          Carl Warden

          Carl Warden

          Partner
          Estate Agency
          Tel: 01738 621 121

          About: Carl heads up the Residential Estate Agency division for the company and has a proven track record within the Scottish property sector. He has been marketing property in the Perth and Kinross area for over 35 years and has vast and detailed practical experience and knowledge of selling prime residential property: from period homes to contemporary developments. Carl is well known in the local area, having developed excellent relationships with buyers and sellers. His wider role involves looking after and supporting our Agency teams and colleagues in Oban, Beauly, Ayr and Forfar. Interests: Estate Agency, Market Valuation, Negotiation.

          Get in touch

          We'd love to hear from you, use the form below to email me direct

            Farm & Estate Sales Page, The Bell Ingram Blog Spot News

            Contract Farming Agreements – what to consider

            Contract Farming Agreements – what to consider

            By Douglas Ogilvie, Farming Consultant

            Farmers need to respond to the challenges of increasing productivity, innovation, climate crisis, extreme weather and unknown policy changes that will hopefully help boost sustainable food production while supporting the environment.

            One way is for a landowner or tenant, while remaining in complete control of their business and being an active farmer, to harness the management skills, labour, machinery, sometimes breeding livestock and technology of another farmer.

            A Contract Farming Agreement is a straightforward Agreement whereby a Landowner or Occupier (the Farmer) engages the services of another Farmer or Contractor (the Contractor) on pre-arranged terms.

            These agreements can be extremely flexible, prospectively long term and many agreements have been going for over 30 years.

            The agreements are subject to the law of contract, and it is critical that these are properly drafted. There are many instances of agreements running into difficulties during inspections because of inadequate documentation or incorrect supervision.

            It is vital therefore, that the documentation is correctly drawn up and supervised. Agreements work better with a third-party adviser being a facilitator and prevent problems festering. The adviser helps prevent mistakes, parties behaving contrary to the agreement, or it being found a sham.

            Contract Farming Agreements should be distinguished from other agreements such as tenancies, partnerships, employment agreements, share farming and short term lets.

            The Farmer usually provides:

            • The land

            • The buildings

            • Fixed equipment (eg. grain drier), although sometimes the Contractor will provide these facilities

            • Single Farm Payment, LFASS, SSBSS, SUSSS and in certain cases AECS

            • Finance to administer the agreement

            • Short and long-term policy objectives

            The Contractor usually provides:

            • Labour

            • Machinery and all associated costs

            • Breeding livestock and replacements although these can also be provided by the Farmer.

            • Management expertise to implement the farming policy

            Variable Costs and Fixed Costs

            All variable costs are paid by the No. 2 Account. The Contractor pays for all his own labour and power costs. The remaining fixed costs are paid out of the No. 2 Account and may include:

            Livestock

            Breeding livestock can be owned by either the Farmer or the Contractor.

            Finding a Contractor

            Finding the right contractor this is the most important key to a successful long-term agreement, not the financial reward.

            Finally

            These agreements work extremely well for both parties for all enterprises whether arable or livestock. They are extremely popular and very flexible.

            For further information

            Contact Douglas Ogilvie who has over 37 years’ experience of Contract Farming Agreements or one of the Bell Ingram team in your local office. Tel. 01738 621 121.

            Our people

            Douglas Ogilvie

            Douglas Ogilvie

            Associate, Farm Management Consultant
            Rural Land Management
            Tel: 01738 621 121

            About: Douglas has been involved in providing strategic farm management consultancy to private clients and public bodies in Scotland from the Borders and Lanarkshire up to Sutherland and the Highlands and Islands since 1987. Douglas is renowned for his experience in setting up, providing documentation and managing over 30 arable and livestock Contract Farming Agreements, managing farms, advising on BPS, LFASS, AECS and completing subsidy applications. Douglas joined Bell Ingram in October 2023. Interests: Farm Management.

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              The Bell Ingram Blog Spot News

              Harnessing financial opportunities: Landowners and carbon offset strategies in woodland creation schemes

              Harnessing financial opportunities: Landowners and carbon offset strategies in woodland creation schemes

              By Stuart McArtney, Forest Manager

              In the global effort to mitigate climate change, carbon offsetting has emerged as a critical tool to reduce greenhouse gas emissions. Landowners, especially those with large expanses of undeveloped land, are presented with unique financial opportunities through participation in woodland creation schemes. However, as with any burgeoning market, there are considerations and potential pitfalls that demand careful navigation to ensure sustainable and ethical practices.

              Carbon offsetting involves compensating for one’s carbon footprint by investing in projects that reduce or capture an equivalent amount of carbon dioxide from the atmosphere. Woodland creation schemes, a subset of carbon offset programs, focus on planting trees to sequester carbon and enhance biodiversity.

              Landowners can benefit financially from participating in woodland creation schemes through various mechanisms. Governments often offer incentives such as grants and subsidies to convert their properties into carbon sinks. These financial incentives can significantly offset the costs associated with planting and maintaining woodlands.

              Investing in land for the explicit purpose of carbon offsetting has become an attractive option for environmentally conscious investors and businesses. However, the acquisition process requires careful consideration of ecological factors, regulatory requirements, and long-term commitment. Sustainable practices must be prioritised to ensure the effectiveness of the carbon offsetting initiative.

              Distorting the market:

              As the demand for carbon offsetting increases, there is a risk of market distortion. Some critics argue that the commodification of carbon may lead to speculative practices, where land is acquired solely for financial gain rather than genuine environmental impact. This raises concerns about the sincerity of carbon offset projects and the potential for greenwashing.

              Ensuring ethical practices:

              To maintain the integrity of woodland creation schemes, landowners must adopt ethical and sustainable practices. This may include selecting native tree species, implementing proper land management techniques, and engaging with local communities. Transparency and accountability in reporting carbon sequestration efforts are crucial to building trust in the market.

              Collaboration and Certification:

              Landowners should consider collaborating with reputable organisations and obtaining certification through the Woodland Carbon Code (WCC) to provide assurance that projects adhere to rigorous environmental and social criteria.

              In conclusion, the financial opportunities for landowners in the realm of carbon offsetting, particularly through woodland creation schemes, are vast. However, it is essential for stakeholders to approach this market with a commitment to sustainability and ethical practices. By carefully navigating the complexities of acquisition, market dynamics, and ecological considerations, landowners can play a pivotal role in combatting climate change while reaping the financial rewards of responsible carbon offset initiatives.

              • Bell Ingram offers a comprehensive range of specialist forestry services to clients across Scotland. To find out more go to our website bellingram.co.uk or phone 01738 621 121 to speak to a member of our forestry team.

              Our people

              Stuart McArtney

              Stuart McArtney

              Senior Associate, BSc For MICFor
              Forestry Management
              Tel: 01738 621 121

              About: Stuart is a highly experienced Forest Manager working across Scotland advising private, corporate and public sector clients on all aspects of forestry and project management. Heading up Bell Ingram's Forestry team in Perth, Stuart joined the company in 2014 and specialises in new woodland creation schemes. He is also highly experienced in GIS mapping. Interests: Forestry, Mapping & GIS Services, Woodland Management.

              Get in touch

              We'd love to hear from you, use the form below to email me direct

                The Bell Ingram Blog Spot News

                Scottish Government launches managing deer for nature consultation

                Scottish Government launches managing deer for nature consultation

                by Hamish Hope, Surveyor

                On 5th January 2024, the Scottish Government launched a consultation on major proposals to change the law around deer management in Scotland.

                The proposals outlined in the consultation, Managing Deer for Climate and Nature, are designed to ensure that legislation aligns with challenges posed by the biodiversity and climate crises. 

                Surveyor Hamish Hope, from Bell Ingram’s Beauly office, says: “It is widely understood that deer management is a required and effective tool to manage forestry and land. With increasing concerns regarding climate change and the biodiversity crisis, we welcome the opportunity to respond to the consultation and will be encouraging our estate clients to upload their feedback to ensure that any decisions are made with a sound understanding of the issues and implications.”

                With no natural predators, people have long been the managers of deer to protect forestry and biodiversity loss while providing much needed employment in rural communities. 

                The consultation is seeking views set out within six themes: enhancing the natural environment, compliance, wild deer welfare, changes to close seasons, venison and kept and farmed deer. The purpose of the consultation is to update legislation regarding how deer is managed to ensure the law is fit for purpose to tackle the biodiversity and climate crises.

                The new proposals include:

                Granting NatureScot additional powers through the creation of Deer Management Nature Restoration Orders. This would allow NatureScot to enter land to carry out deer management activities where it sees fit.

                Welfare of wild and kept deer. This includes the recommendations that the use of a shotgun to kill wild deer should be subject to authorisation by NatureScot; the taking of live deer should be authorised by NatureScot; and a code of practice should be produced for the taking or live capture of deer.

                Changes to close seasons, recommending the removal of the close season for male deer and to introduce a new order to alter the close season for females to 15th April to 15th.

                There are further proposals and recommendations in the consultation for consideration including venison licensing and kept and farmed deer. The full consultation can be read and responded to here and is open for response until 29th March 2024.

                Our people

                Hamish Hope

                Hamish Hope

                Senior Surveyor, MRICS
                Land Management
                Tel: 01463 717 799

                About: Hamish is an experienced RICS Chartered Surveyor and Registered Valuer, working across the Highlands with a focus on rural estate management from traditional sporting estates to diversifications. He is a graduate of Edinburgh Napier University with MSc Real Estate Management and Investment. Interests: Estate Management, Sales & Lettings, Valuations, Domestic Energy Assessments.

                Get in touch

                We'd love to hear from you, use the form below to email me direct

                  Carbon Overview Page, The Bell Ingram Blog Spot News

                  The Road to Net Zero: What it means for farmers and landowners

                  The Road to Net Zero: What it means for farmers and landowners

                  by Rhona Booth, Senior Associate

                  In an era defined by the urgent need to address climate change, the UK and Scottish Governments have emerged as global leaders in the race towards a sustainable future. With a commitment to environmental responsibility, both governments have set ambitious Net Zero targets signalling a transformative shift towards a low-carbon, resilient economy.

                  In Scotland, farmers and landowners hold the key to delivering many of the sector targets, specifically around carbon offsetting, sustainable farming practices, afforestation projects and initiatives to enhance biodiversity.

                  The Scottish Government also continues to invest in and promote the development of renewable energy projects, aiming to generate a substantial portion of the country’s energy from clean sources.

                  In this article I explore the financial opportunities around the strategies and initiatives employed by the Scottish Government to fulfil its commitments to achieving Net Zero.

                  Solar Power: One of the most promising avenues for landowners is the integration of solar energy into the national grid. Scotland’s government has been actively encouraging the adoption of renewable energy, and solar power is no exception.

                  Developers are actively pursuing solar opportunities across Scotland with hotspots on the East Coast where irradiance levels are highest. Bell Ingram are acting for numerous land owners, negotiating exclusivity agreements, Heads of Terms and assisting landowners and their legal advisors during the option and lease process.  Lease terms are typically 40 years with rentals significantly greater than those generated from agriculture making hosting a solar development and attractive proposition. Bell Ingram will negotiate the best deal with our knowledge of the market and expertise on practical matters of development. The developer will meet the cost of professional fees. Although the connection date to the grid can be up to a decade away due to the constraints on the electricity network, developers are keen to secure land at the present time via an option agreement.

                  Battery Storage: While solar (and wind power) are integral to the renewable energy landscape, they come with inherent challenges related to intermittency and grid stability. This is where battery storage systems play a crucial role. By storing excess energy generated during peak times and releasing it when demand is high, battery storage helps balance the grid, ensuring a reliable and stable power supply.

                  Landowners can enter into lease agreements with energy developers for the use of their land to host battery storage facilities. These agreements typically involve regular rental payments, providing a steady income stream for landowners without requiring active involvement in the day-to-day operations.

                  The land take for battery storage is relatively small, four to 20 acres making this opportunity as an addition to the farming business and income stream. The proximity of a substation is a prerequisite to hosting a battery storage scheme.

                  Carbon Off Setting: The financial opportunities for landowners in the realm of carbon offsetting, particularly through woodland creation schemes, are vast. However, it is essential for stakeholders to approach this market with a commitment to sustainability and ethical practices. By carefully navigating the complexities of acquisition, market dynamics, and ecological considerations, landowners can play a pivotal role in combatting climate change while reaping the financial rewards of responsible carbon offset initiatives.

                  Electricity Infrastructure: SSE’s massive £10 billion investment in electricity infrastructure is geared towards enhancing and expanding Scotland’s electricity infrastructure. This includes the development of renewable energy projects, grid upgrades, and the deployment of cutting-edge technology. Landowners situated in proximity to these projects stand to benefit significantly.

                  One of the primary opportunities lies in leasing land for renewable energy projects such as wind farms or solar installations. SSE’s commitment to increasing renewable capacity provides an ideal environment for landowners to generate steady income through long-term leases.

                  Beyond renewable energy projects, SSE’s investment includes significant upgrades to the electricity grid. It is important for landowners to engage early with SSE to ensure that their views are taken into account as far as possible in the design of the scheme. New pylons are the unfortunate requirement to secure renewable opportunities across the country and SSE and the Scottish Government has strong statutory powers the roll out their infrastructure programme.

                  Low-Carbon Hydrogen Economy: The Acorn Project, based in North East Scotland, is a groundbreaking initiative that aims to deliver low-carbon energy solutions. At its core, the project focuses on repurposing existing oil and gas infrastructure to support the development of a low-carbon hydrogen economy.

                  One crucial aspect of the Acorn Project is the need for gas transportation to the St Fergus terminal and those landowners situated along the gas transportation route to St Fergus have a unique chance to play a crucial role in this transformative journey. By exploring servitude agreements, lease arrangements, and actively participating in community development, it is envisaged that landowners can maximise the financial benefits while contributing to a more sustainable and resilient energy future.

                  Top Tips:

                  • While the financial opportunities are abundant, it is crucial for landowners to navigate the regulatory landscape effectively.

                  • Understanding planning permissions, environmental impact assessments, and community engagement requirements is essential for a successful partnership with energy infrastructure developers.

                  • Seeking professional advice can help landowners make informed decisions and ensure compliance with regulations.

                  To find out how Bell Ingram can help your rural business make the most of these opportunities phone 01738 621 121 to speak to Rhona Booth or one of our Rural Land Management team.

                  Our people

                  Rhona Booth

                  Rhona Booth

                  Senior Associate, MRICS
                  Rural Land Management, Valuations
                  Tel: 01307 462516

                  About: Rhona is a highly experienced RICS Chartered Surveyor and Registered Valuer working across Perthshire and Angus advising on all aspects of estate and farm management, including landlord and tenant negotiations, telecommunication mast agreements, utility projects and CPO compensation claims. In addition, Rhona can undertake a range of rural valuations for a variety of purposes as a Registered Valuer. Rhona joined Bell Ingram in 2020 and has over 20 years’ experience in the sector. Interests: Rural Land Management, Valuations, Utilities, Renewable Energy, Agricultural Tenancy Advisor, MRICS Registered Valuer.

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