Rural Affairs - Basic Payment Scheme - No Greening
BPS 2021 – Greening to no longer apply
From 2021, the Basic Payment Scheme (BPS) application process is to become simplified as the government plans to end the need to comply with the EU-delivered ‘greening requirements’ and begins the move towards the new Environmental Land Management Scheme (ELMS). This means that for next year’s BPS application, applicants will not need to comply with crop diversification or Ecological Focus Area (EFA) requirements, resulting in what we hope to be a more straight forward and less onerous application process.
We understand that these changes will not affect the overall payment received by each farmer as the money will instead be reflected in the BPS entitlement value.
Direct payments are set to be phased out over the next 7 years and be replaced with ELMS which is expected to be rolled out in late 2024. ELMS is a new system that rewards farmers for delivering public goods and creating or restoring habitats for wildlife.
Further details on plans for the agricultural transition period will be set out in Autumn 2020.
We will keep you updated but if you do have any queries, please call Hennie Carter on 01285 883740.
Christmas In The Cotswolds
In December, the Cotswolds transforms into a festive wonderland, packed with Christmas events and festivities. Glide across the ice, sip wine at an award winning vineyard, sing along to carols, watch the town lights turn on, browse late-night shopping evenings, get creative at seasonal workshops, enjoy festive storytelling with Giffords Circus, and feel the thrill of Christmas racing at Cheltenham Racecourse.
Christmas In The Cotswolds
2025’s Best Sold Properties: Reflecting on an Exceptional Year of Sales
As 2025 draws to a close, Butler Sherborn is proud to reflect on what has been an incredibly successful year across the Cotswolds property market. Despite wider economic headwinds, demand for high-quality Cotswold homes has remained resilient, with buyers continuing to prioritise location, lifestyle and long-term value.
2025’s Best Sold Properties: Reflecting on an Exceptional Year of Sales
Market Comment
Despite the understandable inertia created by the Autumn Budget, November delivered a notably strong performance for Butler Sherborn, with over £11 million of quality Cotswold properties successfully sold. Buyer motivation was high throughout the month, with one in three viewings converting to an offer - the national average is about 10 viewings per offer.
Market Comment
Our Take on The Autumn Budget
The Chancellor, Rachel Reeves, delivered Labour’s long-awaited Autumn Budget this afternoon. In recent months, speculation has been rife about significant changes to Stamp Duty Land Tax (SDLT) and even the possible abolition of Principal Private Residence Relief for Capital Gains Tax (CGT) when...
Our Take on The 2025 Budget
