We'll have to wait and see won't we although I'm sure that the Govt will try
to maintain all the public benefits that they currently provide. Maybe
they'll dedicate them for open access under the CROW Act (is it Section 16?).
Traditionally woodlands hold their value well. We are a timber importing
country and there is a strong market for 'hobby' woodlands. Many long term
investors will find woodlands attractive. There are also tax advantages; no
inheritance tax or I think corporation tax.
Personally I'm not in favour. The FC provide loads of access land, tourist
destinations, mountain bike trails etc. Private owners may try to maintain
some of those but I doubt that they'll be maintained at the same high
standard . After all the FC has been drawing down from the public purse for
the last few years because they haven't been able to maintain their estate on
the revenue they get from timber sales and their other enterprises.
As Bill would say: Ho Hum.
Regards
Luke Steer BSc.(Hons), Dip.Arb.(RFS), F.Arbor.A. MICFor.
Chartered Arboriculturist
Treescapes Consultancy Ltd.
Melbourne
17 Millans Park
Ambleside
Cumbria
LA22 9AG
Tel/Fax: 01539X XXXXX
Mobile: 07734 XXXXXX
________________________________
From: STEPHEN SHIELDS <STEPHEN.SHIELDS@xxxxxxxxxxx.GOV.UK>
To: UK Tree Care <uktc@xxxxxx.tree-care.info>
Sent: Monday, 24 November, 2008 4:11:11 PM
Subject: Re: FC sell off?
Tahir wrote
<<I'm sure plenty of financial institutions can think of wheezes
that'll
make this a viable proposition (there are armies of underutilised
dealmakers out there at the moment), if previous sell offs are anything
to go by it'll be hugely undervalued at sell off time anyway.>>
And what will happen to the less commercially viable sites? Including
some that provide the most amenity and conservation benefits. Will
these be snatched up be wealthy individuals and used as private
'woodland gardens' with restrictions on public access, or will they be
left to degrade into sycamore and rhododendron woodlands?
Steve
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