|  27/03/08
                    
               As a means of making more agricultural land to be available
                for rent and to formalise a wide range of informal tenurial arrangements,
                the Agricultural Tenancies Act 1995 introduced Farm Business
                Tenancies (FBT). 
               
                    In 1990, Michael Winter, then of the Royal Agricultural
                      College at Cirencester, carried out a survey for RICS of
                    land tenure across England and Wales.  
                    With funding from
                      the RICS Education Trust, Michael Winter, now at the University
                      of Exeter, re-visited this study, to compare the current
                      situation with that of 1990.  
                    What did he find? “The key finding is that there
                      has been no fundamental shift from owner occupation towards
                      conventional tenancies.”, noted Michael Winter.  
                    The
                      proportion of land let under full agricultural tenancies
                      has dropped sharply, to be replaced by FBTs, but the overall
                      proportion of land let conventionally appears to have actually
                      declined slightly.  
                    In 1990 owner occupation accounted for
                      58.7% of the land area – in 2007 it was 57.7%. The
                      inexorable post-1918 increase in owner occupation has been
                      halted but it has hardly yet been put into reverse.  
                    There
                      have been modest increases in both formal and informal
                      unconventional tenures, particularly contract farming.                       
                    This suggests that although FBTs have undoubtedly filled
                      a gap in the market they cannot cope with the contractual
                      flexibility required in some situations. 
                     As Michael winter
                      concludes, “The land use and management implications
                      for the continuing wide range of occupancy arrangements
                      are little understood”. 
            
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