PROPERTY & BUSINESS - Business | Planning · You can buy farmland around the world, but the stability of the UK economy and society increases the attraction of investing in England.

PROPERTY & BUSINESSNEWS BRIEFING 2012

ENERGY

PLANNING

PROPERTY

BUSINESS

The Land MarketThe headline is that English farmland now averagesover £6,000 per acre (RICS).

A few short years ago it was £3,000 per acre. The uncertainties of other investments and the attractive tax planning advantages of investing infarmland means that it is the investment of choicefor wealthy individuals, particularly those who enjoy farming and the countryside.

You can buy farmland around the world, but thestability of the UK economy and society increasesthe attraction of investing in England.

Overseas investors are buying our football clubsand they are buying our acres. Investing in assets in finite supply has its attractions. At £75m, the recent sale of Edvard Munch’s picture “The Scream” was one of four versions.

A view of Lincolnshire fenland is some peoples’nightmare (Agoraphobia, the fear of openspaces) but it is highly productive soil and theyare not making any more of it either.

At £10,000/acre, you could have 7,500 acres ofgood quality fenland (if you can find it) for the same price. I know which I would prefer, butthen I like the big skies of Lincolnshire.

Ian WalterBSc (Hons) C.Env FRICS FAAVSenior Partner, Chartered Surveyore [email protected] 01522 504333

Mike JohnsonRural Business Consultante [email protected] 01522 504325

“Flying the flag to celebrate The

Queen’s Diamond Jubilee and The Olympics”

PROPERTY & BUSINESS NEWS 2012

Greece May Threaten Farm ProfitsAs I write this article, political uncertainty withinEurope is once again impacting on our commodity markets. Whether it be the Euro weakening, or the Pound strengthening, it is affecting our exports, and hence our prices. Single Payments may well also be down this year,unless a miracle happens between now and theend of September.

Currently we are looking at a Euro/Pound exchange rate of almost 10% less than last year’swith the single currency looking as though it could weaken further.

As a prediction I see further turmoil ahead with Greece almost certain to default and the whole future of the Euro/Euro payments at stake.

The message is clear, take advantage of good prices while they are on the table as all of theabove have the potential to erode prices in a period of sufficient supply.

Auction Market Update

There are positive signs in the national property auction market.

• Lots offered are up on Q1 2011 by 7.4%

• Lots sold are up on Q1 2011 by 6.1%

• Lots sold in Q1 2012 are at the highest level

since 2007• The Percentage of lots sold has now

remained stable at around 75% for 3 years

running

Source - Eigroup

It certainly appears that vendors have renewedconfidence in property auctions as a viable and effective route to market.

Commercial Buyers Check For Snags Commercial occupiers and tenants are in the marketfor space, especially in the industrial sector, but thereare some intricate windings to get from interest, todeal, to completion.

Not unreasonably, commercial operators are cautious and want to consider every eventuality.They will trawl through documents for every snagand want to account for what might be. Many willjust try a "silly offer".

Getting a deal "over the line" requires understanding of the complications, preparation for twists in negotiations and realism that buyersand tenants have options.

With good support from your agent it is essential toknow where and when to draw the negotiating line.

“It is possible to do deals.”

Recently, we have let an industrial unit before it was formally marketed and sold an office withina fortnight of launch.

“Realistic advice gets the job done.”

PROPERTY & BUSINESS NEWS 2012

John ElliottBSc (Hons) MRICS ACIArbPartner, Chartered Surveyore [email protected] 01522 504303

284 High Street Lincoln, sold at the March County Property Auction for £238,000 against guide priceof £225,000.

James MulhallBA MNAEA MNAVAAssociate, Property Auctionse [email protected] 01522 504318

Proven vs Modern Auction MethodThe County Property Auction via JHWalter are proudto practice the tried and trusted ‘Proven Method’ or‘Unconditional Auction’. Recently some estate agentshave started offering a ‘Conditional Auction’ and promoting it as the ‘Modern Method’.

So what is the difference?The JHWalter Proven Method - Unconditional Auction

• Legal Packs are available before auction

• Sellers solicitors can answer questions prior

• 10% deposit goes towards buying the property

• Immediate and legally binding exchange of contracts

• Up to 28 days for completion of contracts (extended completions are also available)

The Modern Method – Conditional Auction

• No legal packs available prior to purchase - no one knows what they are buying or on what terms

• 5% reservation fee (subject a minimum of £5,000 + VAT) - paid on top of the sale price

• 28 days to exchange of contracts - Some buyers will not complete the deal.

• A further 28 days for completion of contracts

Typical Costs to a Seller & Buyer on a £100,000 house

Proven Method Seller - £2,350 + VAT Buyer - £350 + VAT

Modern Method

Seller - £150 plus the reduced bid from the buyer, because the buyer pays £5,000+VAT to the auctioneer.

Buyer – Minimum of £5,000 + VAT

All in all the proven unconditional method is Cheaper, Safer, Fairer and Faster!!

PROPERTY

A46 Dual Carriageway OpensUp Lincolnshire

"The A1 is the Lincolnshire bypass" was thejibe. Not any more! The recent dualling of the A46 from Newark to Widmerpool has creatednow a genuinely fast link from the heart of Lincolnshire to Leicester, the A1 and M1.

Lincoln businesses now have vastly improved transport links and this will benefit the commercial property market. Pricing in the city is now competitive and is no longer outweighedby the problem of "getting anywhere"

With development of the eastern bypass for Lincoln, this benefit will stretch further into the County.

The north of Lincolnshire has long had the M180, the centre has the A46. Perhaps thefuture will see improvements in the A17 in the south to complete the picture.



A Tailored Service To Suit!With a continuing high demand from tenants seeking qualityand unique property to rent throughout the region, we arepleased to offer our free Rental Appraisal Service.

JHWalter are proud to continue acting for the CorporateBody of Lincoln Cathedral as well as Lincolnshire CountyCouncil. We extend this service to our private clients acrossa broad spectrum of residential dwellings. To book an appraisalplease call.

PROPERTY

Coming HomeMy parents are ex-RAF and were always getting itchy feet,subsequently I too have led a rather nomadic life, with no one place I could really lay claim to being home. However,now when my family and I have been away and as we crossthe Fossdyke Canal, our eyes are instantly drawn to the vision of Lincoln Cathedral, nestling proudly on the hillsideand suddenly we feel we are home, which having only beenhere for nine years, may sound a little presumptuous.

So what is it that makes us feel this way?

I believe a major contributory factor is that we are fortunateenough to live within strolling distance of the Cathedral Quarter of Lincoln. Whenever we have been away, you canguarantee, that within a few days, we will find an excuse towander through The Bail where we will often stop for a drink and an ice cream, take in the majesty of the Cathedral,stroll around the Castle walls and boutique shops, or treatourselves to a culinary delight at any number of the fabulouseateries.

It is difficult to put my finger on what it is about this placethat makes it so magical for me and can merely describe thesymptoms it inflicts.

These include a sense of calm and serenity, a feeling of belonging and a haven of sanctuary within the stronghold ofthe Yellowbellies, which leads me to conclude that the onlycure is to finally put down some roots and hang up mynomad's hat for good.

Simon SmithMNAEAPartner, Residential Propertye [email protected] 01522 504354

Ellen DormanResidential Lettings Managere [email protected] 01522 504316

Housing In The Countryside

We have recently seen developers and LocalAuthorities interested in developing new housingwhere one can not normally secure planning permission. These exception sites are permittedsolely for affordable housing.

A rural exception site aims to accommodatehouseholds who are either current residents orhave an existing family or employment connectionwith the community.

Sites are usually developed where there is a housingneed by Housing Associations who are registeredsocial landlords with a mix of shared equity and letproperty.

Although the land owner sells his land at a modestprice when compared to a full residential consent,the return considerably outstrips the price achievedfor farmland and pony paddocks and is well worthwhile considering.

If you have land on the edge of a village on whichyou would consider affordable housing contact

PROPERTY

Family Farming

Increased farming profitability makes for a goodtime to restructure and divide farms between family members. Close families often work welltogether in partnership, but can become strainedwith the arrival of the next generation and theirnew spouses.

Dividing the farm can often help each family to better meet their ambitions and objectives.

An effective and amicable split requires;

• Detailing land and property, machinery, livestock, growing crops, cash, loans, mortgages and debts.

• Understanding the wants and needs of the parties.

• Establishing the most effective ownership and operational structure for each new business.

• Planning to avoid problems with taxation, single payments, and future borrowing and to minimise the costs of making the changes.

Effectively handled, with good communication andgood professional support, a family can achieve awin win situation for all.

Often the best result takes time so the soonerplanning starts the better.

Eastfield House and Farm, Mavis Enderby. Currentlyfor sale through JHWalter, 288 acres, guided £2.82m


Tim AtkinsonBSc (Hons) MRICS FAAVPartner, Chartered Surveyore [email protected] 01522 504313

Stamp Duty Land Tax for non-residential or mixed use properties

Non-residential property includes:• commercial property such as shops or offices• agricultural land• forests• any other land or property which is not used as a dwelling• six or more residential properties bought in a single transaction

A mixed use property is one that incorporatesboth residential and non-residential elements.

Stamp Duty

Following recent changes to Stamp Duty wethought it would be helpful to reproduce the current rates for residential and non residentialproperty as posted on the HMRC web site.

Residential Property Stamp Duty Land Tax Rates

If the value is above the payment threshold, SDLT is charged at the appropriate rate on thewhole of the amount paid. For example, a housebought for £130,000 is charged at 1 per cent, so £1,300 must be paid in SDLT. A house bought for £350,000 is charged at 3 percent, so SDLT of £10,500 is payable.

PROPERTY

Bucking The TrendThis year JHW Residential have stayed in the saddle right up to the bell, surviving all the kicks and bucking the market and economy have thrownat us.

Indeed through understanding our client’s individualneeds and expectations, along with hard work andimaginative solutions, we have achieved our bestever sales year, securing sales in the region of some40 million pounds worth of individual homes (based on figures from April 2011 through to April 2012.)

However we will not rest on our laurels. As the market enters yet another challenging phase, a second recession and only bad news from struggling eurozone countries, be assured the JHW Residential team are already donning their stetsonsand polishing their stirrups to again climb into thesaddle and ensure all our current sellers and buyersare all soon settling on to pastures new.

Purchase price rate SDLT

Up to £125,000 Zero

Over £125,000 to £250,000 1%

Over £250,000 to £500,000 3%

Over £500,000 to £1 million 4%

Over £1 million to £2 million 5%

Over £2 million from 22 March 2012 7%

Over £2 million from 21 March 2012 15%(purchased by certain persons including corporate bodies) Purchase price (non-residential or mixed use) SDLT

Up to £150,000 Zero

Up to £150,000 1%

Over £150,000 to £250,000 1%

Over £250,000 to £500,000 3%

Over £500,000 4%



Cap ReformAs the European political juggernaut moves aheadwith Common Agricultural Policy reform, there appear to be many twists and turns to come beforeany new scheme hits your doormat. The aim is stillthat the new scheme will come into force on 1stJanuary 2014, but Brussels experts are sceptical ofthe ability of the machine to achieve this date, and1st January 2015 seems a more likely outcome.

The major development of the last few months, following initial consultation proposals released inOctober last year, is the hardening of the UK line to ensure green issues remain high up the agenda,and that such funding be sourced from Pillar 2, andso be in the control of each national government.The impact of this may, on the one hand, be positivein that longer term schemes will be easier to structure, and the schemes are voluntary - thedownside being that increased funding will beswitched from direct support and is vulnerable to stringent environmental measures to be implemented.

Perhaps the best current advice with regard toCAP reform is KEEP CALM AND CARRY ON!Much of the changes are hard to predict, with theexception of the decline in support over themedium term, and the future of the Euro is muchmore likely to have a short term affect on farm incomes than changes to CAP.

BUSINESS

A Grand Day Out

The JHWalter Auction team were delighted to hold their first sale of the year at Glebe Farm, Swaby near Alford in mid Lincolnshire for AshleyBarker. The Saturday sale drew a large crowd with buyers and friends old and new travelling from near and far to enjoy the day. Prices werestrong throughout the sale, with highlightsincluding the Vaderstad Carrier 5m Cultivator making £14,000 and a Dowdswell DP 5 FurrowPlough realising £2,400. The Matbro TS270telescopic handler sold for £12,000.

Both the John Deere 6930 Premium and the Farmgem 2011 24mt sprayer sold immediately after the sale for strong prices. An unexpected highlight was the sale of a quantity of crash barriers finally selling for £600.

Our next sale will be on the 23rd June 2012 in the Sutton on Trent area. To receive machinery catalogues by email do register on our web sitewww.jhwalter.co.uk/machineryauctions or give us a call.

We are always looking for quality entries to oursales. If you are looking to hold your own dispersalsale or enter items into a collective sale do call.

Mark CoulmanBSc (Hons) MIODAssociate, Business Consultante [email protected] 01522 504322

Charles AlexanderBSc (Hons) Graduate Surveyore [email protected] 01522 504319

BUSINESS

Grant Availability

The Rural Development Programme for Englandfunding has come back on stream and offers someinteresting opportunities for farmers and forestersto access financial support.

The two funds are broadly similar targeting resource management, tourism and the wider foodindustry but, as with all grant funding, care needsto be taken to understand the criteria and ensure your scheme will meet the aims of the funds.

The smaller Farming and Forestry ImprovementScheme offers grant values between £2,500 and£25,000. The scheme is now into its second window for applications, which opened on 22ndMay and closes on 17th July. This grant will supportschemes which reduce reliance on mains water, inparticular rain water harvesting, reduce the use ofmains power, or at least improve the efficient use of both water and power; improve the use of fertilisers, especially schemes which improve theuse of organic manures, but also those which reduce the use of inorganic fertilisers and someGlobal Positioning System technology will be supported here. Additionally schemes whichimprove livestock health and welfare, over andabove the expected standards may attract support.Finally the scheme will support forestry schemeswhich improve efficiency of operations, as well asimprove use of wood resource.

The larger Rural Economy Grant offers support of between £25,000 and £1,000,000 and is targeted at those projects that have the capacity to make a “transformational” change to your business. The first window for this grant closed on 30thApril, and indications are that it was well subscribedand notification on applications can be expected by the end of June.

The REG support is aimed at similar, but larger,projects such as FFIS, in particular water use and efficient use of water seems likely to be well supported, and indeed was well subscribed in thefirst window. In addition, support for tourism projects which will extend stays, and spend in the

region, as well as demonstrate collaborative effortsacross a number of businesses are encouraged.Projects which add value to production and candemonstrate that your business can access newmarkets and expand without any detrimental effect on others look likely tobe attractive underthis grant.

In summary, there is money available for the rightscheme, but ensure you understand the criteria, understand the aims of the grant and ensure youcan demonstrate how your project will meet theaims. If you want to discuss either of theseschemes, or indeed other possible funding opportunity please call.

Making Hay While The Sun Shines?The current Farm Business Tenancy rental marketgives both landlords and tenants much to thinkabout - and even more so for the land agents involved!

Demand for good land in short supply has produced rents of well over £200 per acre with and without entitlements - in some cases muchcloser to £300.

What has not been so well publicised are the rentsfor some reviews and new tenancies agreed at £120 - £150 per acre where the tenant can claimthe Single Farm Payment.

Only time will tell how sustainable these rents are,watch this space in 2 to 3 years time! In the meantime we watch the free market in actionand advise both landlords and tenants to assessboth the short and long term implications of theirarrangements.

Let us all hope we have a good harvest to pay for it.


Ellie AllwoodBSc (Hons) LL.M MRICS FAAVPartner, Chartered Surveyore [email protected] 01522 504320

The National Planning PolicyFramework

The eagerly awaited National Planning PolicyFramework was published on the 27th March 2012with the principle aims to streamline national planning guidance and encourage growth, with apresumption in favour of ‘sustainable development’.

Planning Minister Greg Clark has allowed a transition period of 12 months for those authorities with an existing plan to adjust. Localplans dated prior to 2004 now carry little weightand those post 2004 carry weight depending upontheir compliance with the NPPF.

This may represent an opportunity for developersto promote projects outside the development planprocess especially where the proposal is justified as a sustainable development.

What are the key headlines at a glance?

Residential Development: On top of the 5 year deliverable supply of housing sites authorities arenow required to provide a buffer of 5%, or 20% in cases where the authority has persistently under performed. The NPPF provides unequivocal support for residential development proposalswhich will reuse redundant or disused buildings in rural areas.

Town Centres: The importance of a sequential approach is emphasised, requiring applicants wanting to develop main town centre uses outsidetown centres to demonstrate that there is no other suitable central site.

Rural Economy: Sustainable economic growth and expansion of all types of business enterprises is encouraged through both conversion of existingbuildings and well designed new buildings. It alsoadvocates the diversification of rural businesses.Furthermore, a sequential approach for applicationsfor small scale rural offices or other small scalerural development is not required under the new framework.

Rural Housing: Local Planning Authorities are required to “consider whether allowing some market housing would facilitate the provision of significant additional affordable housing to meetlocal needs”.

Essential Workers’ Dwellings:The previously extensive guidance has now been condensed to a single line which is sympathetic towards ‘the essential need for a rural worker to live permanently at or near their place of work in the countryside.’

Live and Work Units: There is a greater recognitiontowards integrating residential and commercial usesin the same unit.

The next 18 months or so will present a steeplearning curve for professionals and the public alike as we all begin to examine the intricate detailof the document and no doubt argue over areas of ambiguity. Ironically with the revocation of thePlanning Policy Statements (PPS) specialist interestgroups are already filling the gap with guidancenotes on how the NPPF should be interpreted.

What is for certain is that the NPPF clearly represents a new era in town and country planningand a number of potential opportunities exist.What remains to be seen is whether the documentprovides actual change or business as usual…

PLANNING

Steve CatneyBA (Hons) Partner, Planning & Environmental Consultante [email protected] 01522 504330

Ashley LangrickBA (Hons) Dip TRP MRTPIPlanning Consultante [email protected] 01522 504352

Sarah AllsopBSc (Hons) MScPlanning Consultante [email protected] 01522 504327

The National Planning Policy Framework (NPPF) was published on 27 March 2012 and took effect immediately. The statutory status of the development plan is retained, although theFramework stresses the importance of keepingplans up-to-date. Whereas, following the introduction of the Planning and Compulsory Act2004, many councils have been slow to producelocal development plan documents (formerly referred to as Local Development Frameworks),the NPPF introduces an implementation strategy to reinforce the importance of having up-to-dateplans; 12 months being a key milestone withinwhich to have an up-to-date local plan in place.

Meanwhile due weight will be given to relevant policies in existing plans according to their degreeof consistency with the NPPF.

There is now likely to be a rush by local planningauthorities to ensure that their plans are up to dateand in general conformity with the NPPF with aflurry of consultations on draft documents and thepreparation of evidence base documents such asthe Strategic Housing Land Availability Assessment(SHLAA) to establish realistic assumptions aboutthe availability, suitability and likely economic viability of land to meet the identified need forhousing over the plan period.

In Lincolnshire, the Central Lincolnshire Joint Planning Unit (CLJPU) - covering the City of Lincoln, North Kesteven and West Lindsey districts,are currently working on a joint local plan whichwill review the levels and distribution of growthacross the whole of central Lincolnshire. The Central Lincolnshire SHLAA will inform thisdecision making process and be updated on an annual basis. Here there is clearly an opportunityfor landowners to be involved in the consultationprocess and promote their interests.

Furthermore the Localism Act introduced the concept of neighbourhood planning which allowscommunities to draw up a neighbourhood plan and provides another opportunity for businessesand land owners to promote their interests.

Many places across the country have started working on Neighbourhood plans and recently, theDawlish Neighbourhood Plan (Devon) was the firstNeighbourhood Plan to reach examination Stage. Given the recent changes now is the ideal time toconsider if your landholdings have development potential and start promotion through the localplan process.

The JHW Planning Team are pleased to discuss anyopportunities on a confidential no obligation basis.

PLANNING

The Time Is Right To PromoteYour Land For Development

ENERGY

James LambertBSc (Hons) AIEMAEnergy Consultante [email protected] 01522 504329

Tim Saunders BSc (Hons) Dip URPRenewables Managere [email protected] 01522 504315

Assessing Your Renewable Energy OpportunitiesThose following the recent changes to the feed in tariffmay be wondering whether it is still worth proceedingwith projects. In short the answer is yes!

The JHW Energy team have recently completed two500kw wind turbine projects for clients and have several similar sized projects about to go forward for planning. Even anticipating tariff changes in October, wind projects of all scales still generate attractive returns.

Depending on the site wind speeds, payback can be as little as 4 years with returns on investment of 22% per year achievable on a capital cost of around £1.2m.

However as for all renewables, capacity triggers and programmed reductions in rates, means that developers need to act swiftly.

Whilst tariffs for Photovoltaics have dropped, a reduction in project costs means that projects can still obtain sensible returns, and new permitted development rights mean installations on non domestic buildings normally don’t require planning permission, so can be installed very quickly. Additionalenergy performance criteria mean that one building towhich the installation is attached or wired to provideelectricity, needs to have an Energy Performance Certificate rating of D, although some buildings are exempt. A 50kWp system with a typical installed costof £82,000, currently provides an annual return on investment of 11%, with an eight year payback. Withthe next tariff changes for Photovoltaics currently setfor July, those considering this technology are advisedto act soon.

The Renewable Heat IncentiveNow Up and RunningThe non domestic stream of the Renewable Heat Incentive (RHI) has been in operation since November2011. The RHI incentivises the installation of Biomassboilers, heat pumps, and solar collectors as well as the use of Biomethane and Biogas combustion, through payment of a tariff per unit (kWth) of useful renewableheat delivered.

Whilst there has been a slow start projects are nowstarting to be accredited and we expect to see muchmore interest over the next year. For those with theirown supplies of woodchip and heat requirements abiomass boiler can be a very attractive option.

Renewable Heat Premium Payment Support for the domestic sector is currently availablein the form of one-off grants and runs until 31st March2013. Support is available to all, for Solar Thermalwater heating systems. Those not using mains gas areeligible for support towards installing a Heat pumps or Biomass Boilers. The vouchers range from £300 to£1,250. A UK Government consultation is expected in September 2012 on the domestic RHI with implementation in summer 2013.

JHWalter can help you with assessing which renewabletechnologies are right for your property.

To keep updated with all energy matters, subscribe toour Energy Bulletins at energy.jhwalter.co.uk.

When AD Adds Up

There is remarkable activity in the Anaerobic Digestion sector at the present time. Small andlarge scale, power and gas to grid, self developmentand Joint Ventures – for those of us with experiencein AD development it’s proving to be a busy time!

Identifying just why there is such interest is notstraightforward. For sure the proposed reductionin tariff levels (<500kW) timetabled for April 2014brings an additional incentive to project planninggiven the long lead-in time that AD has. There isalso the question over an early triggering of degression due to installation capacity occurringfaster than anticipated. There does however seemto have been a very real flourish of interest fromthose who have been reflecting on the potentialover the last couple of years.

So who are considering AD and why? AD is a very different beast to other forms of Renewable investment. It requires 24/7 management andwhilst the resulting energy is via an engine, the fuelis dependent upon biology – and that is a differentmanagement challenge to simply a machine. Our involvement currently includes numerous projects for vegetable growers and packers, foodmanufacturers, pharmaceutical companies, livestockfarmers, arable farmers - and even a zoo….. Thedrivers for AD tend to be complex with concernsover waste meshing in with the power security,commercial returns etc. Those who produce or can control their feedstocks are well placed, but this doesn’t meanthat this excludes others and we have been lookingat a number of joint ventures which can offer an attractive solution.

For the most part our projects have been focusingon plants of 500kW up to around 3MW, whereeconomies of scale can be achieved. However wehave been pleased to see innovation in the sectorbringing forward smaller scale plants which are wellsuited to livestock units with more modest wastestreams and those wanting to engineer a smallerCHP facility where solid biomass still cannot offer a commercial answer.

Whilst AD models without heat can be designed to provide Internal Rates of Return of up to 20%, maximising returns still requires a local use of theheat. In our experience this heat requirement canoften be for higher grade heat than that producedfrom the gas engine (e.g. steam; continuous flowdrying), but again we have been working with heating experts who can use the lower grade heatsuccessfully as part of the process.

Gas to grid, supported by the Renewable Heat Incentive as opposed to Feed In Tariffs, is looking increasingly attractive where there is no heat useand demand for power is limited. The capital costsare not insignificant and a certain scale is needed to justify the investment.

However cost is beginning to decline and the financial advantage of being able to sell 100% of the energy you generate from AD as opposed toaround half, is more than worthy of consideration.

We have been involved in AD for some five yearsnow and sense that talk is fast becoming action.

If you don’t want to be left behind give us a call!

ENERGY

David WrightBSc (Hons) MBIAC MIAgrMManaging Partner, Energy Consultante [email protected] 01522 504321

We are pleased to announce that Simon Smith has become an equity partner.

Mark Coulman an Associate of the practice.

Ellen Dorman becomes Residential Lettings Manager and continues to support Partner Simon Smith in Residential Sales.

Charles Alexander is from Cambridgeshire and joined the practice in February 2012 asGraduate Surveyor in the Commercial and Rural Agency sectors and assists with the firm's machinery auctions. He graduated

from the Royal Agricultural College in Cirencester aftercompleting his degree in Rural Land Management.

Alice Hayes grew up on a farm in Lincolnshire and joined JHWalter in May 2012 as a Graduate Surveyor, previously working for a Property firm in London. Alice has an honours degree in Real Estate

Management from Oxford Brookes University and workson rural and commercial property matters.

Commitment To The CommunityWe are proud to help local charities and groupsand many of the team at JHWalter give their timeand expertise to do their bit.

Our approach to the community is very simple,if we can help, we will.

Work ExperienceFrom time to time youngsters spend a few daysworking in our office, some simply want to experience the world of work and others want a glimpse of a career in property.

Alice Hayes spent a few days with us in 2010 whilestill at University and has now joined the team fulltime as a graduate surveyor.

COMPANY NEWS 2012

Pic of St Hugh’s turret

Bright Ideas to Help Your Business Grow Cereals 2012 takes place on 13th and 14th Juneat Boothby Graffoe. Please come and enjoyfood, drink and bright ideas on one of ourstands. I917 in the Business Area and B340 inthe Renewables Area.

St Hugh’s Turret, Lincoln Cathedral.

Tim Atkinson, Ellie Allwood with Sally Crawford,Fabric Fund Development Manager at LincolnCathedral. St Hugh rebuilt Lincoln Cathedral in1193 with money raised by local people. It is hopedthat the target of £500,000 this year will be raisedfor the restoration of St Hugh’s Turret.

www.lincolncathedral.com/support-us/

Practice Appointments

Tim Saunders joined the firm in March as Renewables Manager following a variety of roles in the Housing and Renewable Energy sectors in the East Midlands, over the past 10 years.

Specialism's include sustainable construction, housing development and retrofit, small scale renewable energytechnologies, wind energy, funding bids and feasibility studies.

Tim has a Degree in Land Management and a PostgraduateDiploma in Urban & Regional Planning, and is an Affiliatemember of the Institute of Environmental Managementand Assessment.

Ashley Langrick joined JHWalter in March 2012 as a Planning Consultant. He has a degree in Urban Studies and Planning and adiploma in Town and Regional Planning andhas been a Chartered Member of the Royal

Town Planning Institute since 2002. Ashley has worked inthe planning profession across the Midlands continuouslysince the year 2000 holding a variety of positions in allsectors from local government officer level through to developer, private practice and third sector levels.

Daniel Day joined the practice in February 2012 as in-house Graphic Designer and is responsible for the design of publications, sales boards, brochures, reports and advertising.

He holds a BA (Hons) in Graphic Design.

COMPANY NEWS 2012

Record Attempt At Welton, Lincoln 28 July 2012 We are delighted to support andhelp raise the profile of the attempt to set anew world record for “The Most QuadtracsCultivating in One Field”.

The event is taking place in memory of JohnRainthorpe and to raise money for Cancer Research UK’s Relay For Life. John and hisgrandfather over the years had sought to findmachines with ever increasing horsepower, sowhen Case IH released the Quadtrac he wasone of the first in the UK to place an order.The farm still have two today. John’s daughter,Helen, is organising the event on Saturday 28thJuly 2012 which is taking place just outsideWelton at Westhall Farm, Lincolnshire (LN23PX). Gates open at 11am with the record attempt taking place at 1pm.

Quadtracs have been registered from Cambridgeshire to Staffordshire.

If you would like more information or have aQuadtrac to enter visit quadtracrecord.co.uk

We are proud sponsors of the Southwell Ploughing Matchand show which takes place this year on Saturday 29th September 2012 at Averham, Newark. The show is one of the region’s leading one day agricultural show. Please come and enjoy a warm welcome and some refreshments at our stand.

This im

age was kindly

provided by Helen R

ainthorpe

Practice Appointments

Property & Business is published by JHWalter LLP

Registered Office1 Mint Lane, Lincoln, LN1 1UD

Registered in England and Wales. Registration no. 0C334615Regulated by RICS

EditorTim Atkinson

Design and PublicationDan Day and Kate Wells

This publication is intended as a generalguide, and although every effort has beenmade to ensure accuracy, liability cannotbe accepted for any errors of fact oropinion. Always seek professional advice.

Meet the Front Line Team …

Ian WalterBSc (Hons) C.Env FRICS FAAVSenior Partner, Chartered Surveyore [email protected] 01522 504333

Ellie AllwoodBSc (Hons) LL.M MRICS FAAVPartner, Chartered Surveyore [email protected] 01522 504320

Steve CatneyBA (Hons) Partner, Planning & Environmental Consultante [email protected] 01522 504330


James LambertBSc (Hons) AIEMAEnergy Consultante [email protected] 01522 504329

Lois SimpsonResidential Sales & Lettingse [email protected] 01522 504345

Janet HarveyAuction Administrator

e [email protected]

t 01522 504326

David WrightBSc (Hons) MBIAC MIAgrMManaging Partner, Energy Consultante [email protected] 01522 504321



Ambrose FowlerMRICS FAAV MRACChartered Surveyor, Rurale [email protected] 01522 504308

Sarah AllsopBSc (Hons) MScPlanning Consultante [email protected] 01522 504327

Ellen DormanResidential Lettings Managere [email protected] 01522 504316

Charles AlexanderBSc (Hons) Graduate Surveyore [email protected] 01522 504319

Tim AtkinsonBSc (Hons) MRICS FAAVPartner, Chartered Surveyore [email protected] 01522 504313



Tim Saunders BSc (Hons) Dip URPRenewables Managere [email protected] 01522 504315

Ashley LangrickBA (Hons) Dip TRP MRTPIPlanning Consultante [email protected] 01522 504352

Linda AllattLREA MNAEAResidential Sales Consultante [email protected] 01522 504305

Alice HayesBSc (Hons) Graduate Surveyore [email protected] 01522 504355

Contact

JHWalter LLP

1 Mint Lane

Lincoln LN1 1UD

DX 11056 Lincoln 1

E [email protected]

T 01522 526526

F 01522 512720

www.jhwalter.co.uk

PROPERTY | BUSINESS | PLANNING | ENERGY

PROPERTY & BUSINESS - Business | Planning · You can buy farmland around the world, but the stability of the UK economy and society increases the attraction of investing in England.

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