The tenancy must meet one of the below two conditions.
- “If the tenancy is primarily agricultural to start with, the landlord and tenant can exchange notices before the tenancy begins confirming they intend it to remain a Farm Business Tenancy throughout – this lets tenants diversify away from agriculture where the terms of the tenancy agreement allow this.
- If the landlord and tenant don’t exchange notices before the tenancy begins, the tenancy business must be primarily agricultural to be considered a Farm Business Tenancy”
How to make a successful farm tenancy application
- Savills – successful farm tenancy application pointers
- Farmers Guardian – Tips to securing a Farm Business tenancy
Further information on Farm Tenancies:
- Shelter Cymru – Agricultural tenancies and your rights – click here.
- What to consider before buying a farm tenancy – click here.
- A general guide to Farm Business Tenancies, click here.
Notice of proposed new rent for properties with agricultural occupancy in Wales (for landlords) – click here to view, download below.