| Country’s farmers milk Irish
property upsurge  IRISH
farmers are selling up and trading Carlow for Cornwall.
Having made fortunes selling their land to property developers they are
now snapping up some of the best farms in the Celtic enclave in the south-west
of Britain.
Astonishingly they are ending up with holdings in the West Country three
times the size of those they left behind.
And they still have plenty of money left in the bank, according to David
Kivell of DR Kivell & Partners.
He says there is more to Cornwall than the humble pasty and says that
the Irish are also picking up the cream of farmland in bordering Devon.
He said: “They are looking for well-equipped farms and good land.
Good quality dairy farms are prized.
“Certainly the Irish fit in very well here.
“The first Irish buyers arrived here some five years ago attracted
by the price of land here and that has now accelerated.
“It seems that people are selling land in Ireland for three times
what they are paying for it here.
“There is more choice here in terms of types of holdings.
“The Irish are not corporate buyers but are private individuals.
“People settle in well here they are welcomed.”
In Britain working farms are exempt from inheritance tax which may also
be a consideration for some buyers.
As well as Irish producers, Danish farmers are also snapping up British
farms.
Charles Dudgeon of property group Savills says they are attracted by the
availability of larger properties at good value and with less red tape.
Meanwhile buyers from Ireland both the Republic and the North account
for 22 per cent of enquiries about farms in Scotland.
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