Adrian Ramsay

Adrian Ramsay

Green Party — Waveney Valley

Speaking in the House of Commons on 28 January 2025

Debate

Agricultural Property Relief

Contribution

Diolch yn fawr—thank you—to the hon. Member for giving way. Farmers in my constituency say to me that their problem is the threshold. The on-paper values of their farms—often several million pounds, even if the farmer makes no actual surplus income from the farm—would take them well into being caught by this policy. But the current situation is not working either, because non-farmers bought up more than half the farms and estates sold on the open market in England in 2023. One local farmer told me that a 350-acre farm in Suffolk was bought by a merchant banker from London who had not even seen the farm and was clearly not intent on farming. Does the hon. Member agree that although we need the Government to increase the threshold, those arguing for the status quo are not doing farmers justice either?

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