• Sectors we work in banner(2)

    Quick Reads

Reflecting on the Knight Frank Rural Report 2020 … what steps can you take now?

The Knight Frank Rural Report 2020 raises a number of issues which we have also been discussing with our clients over recent months. It highlights the need for a “whole estate plan" which covers not just the commercial, environmental (climate change features heavily in the report) etc activities on the estate over the next few years and decades, but also succession matters. Tax will play a key role (but should not be main driver to any planning) and we await with interest the Chancellor’s economic update this week and his subsequent autumn statement. 

In preparation for this, however, you can take steps now to support the next generation with these changes. In their podcast here, colleagues Alex Caton and Louise Paterson discuss gifting heritage and farm property assets. If you are not in a position to gift assets just now, you may wish to consider a governance framework for your family, to assist with key decision-making; this is similar to a corporate governance structure that commercial businesses adopt (a landed estate is, after all, a rural business). This can work alongside your formal legal documents, covering your assets and interests, providing an overarching framework to ensure that your values infuse all future decision-making. Here is a helpful guide to assist you with this.


There are many ways you can take action now, depending on your circumstance, ahead of any changes announced by the Chancellor. Please do get in touch to discuss.

Change was upon us in any event. Whether regulatory as we leave the EU, or climatically as the UK responds to growing political and societal concern, through changing trade conditions or via technological advances and land use practices. Disruption with a capital D!

Our thinking

  • Collateral Warranty and Third Party Rights: Everything You Need to Know

    Chris Marks

    Insights

  • Supreme Court overturns Court of Appeal decision: Statutory adjudication will not apply to a typical collateral warranty

    Kevin Forsyth

    Insights

  • IET’s new revision 7 of the Model Form of Contract (MF/1): What has changed?

    Melanie Tomlin

    Insights

  • Charles Russell Speechlys reports domestic and international growth across all practice areas

    Simon Ridpath

    News

  • The EU AI Act: A Beginner’s Guide for UK and International Businesses using AI

    Janine Regan

    Insights

  • Spear's quotes Julia Cox on the Autumn Statement providing greater clarity for HNWIs post-election result

    Julia Cox

    In the Press

  • Rent recovery and tenant insolvency - Estates Gazette Q&A

    Harriet Durn

    Insights

  • So Keir we are - how will a Labour government affect (property) investment in healthcare

    Mark White

    Quick Reads

  • Election Countdown: What might a Labour government mean for UK business?

    Caroline Carter

    Insights

  • The Telegraph quotes Tristram van Lawick on the strength of the country estate market

    Tristram van Lawick

    In the Press

  • Delving into the detail of facade repairs - Estates Gazette Q&A

    Sylwia Jatczak

    Insights

  • Gaining insights on forfeiture - Estates Gazette Q&A

    Emma Preece

    Insights

  • Property Patter: Hotels

    Naomi Nettleton

    Podcasts

  • Employment Law & Worker Rights – The Labour Manifesto

    Nick Hurley

    Insights

  • Employment Law & Worker Rights - The Conservative Party’s Manifesto

    Nick Hurley

    Insights

  • Employment Law & Worker Rights - The Liberal Democrats Manifesto

    Nick Hurley

    Insights

  • The Africa Debate: Africa’s role in a changing global order

    Matthew Hobbs

    Quick Reads

  • Re UKCloud: The importance of exercising control over a fixed charge asset

    Cara Whiffin

    Insights

  • The Lawyer covers our Training Contract support, in light of the shift to the SQE

    Karen Stages

    In the Press

  • Volunteers’ Week 2024: Celebrating Our People

    News

Back to top