Financing your wood
by Angus, 10 June, 2011, 1 comments
In our recent report [pdf file here] into woodland ownership we found that financial gain had a much lower level of importance than factors like conservation, wildlife and wanting to ‘get away from it all’. Less than half (40%) of the owners we surveyed said that the purchase of the wood as an investment was quite or very important and only one in ten said that its purchase for tax purposes was important.
Half (51%) said that having the wood as a retirement project was very or quite important, and we are often approached by individuals in this stage of their lives. They often have access to a lump sum via their pension pay-out and with today’s low interest rates they view a wood as a living investment which they can share with friends, children and grandchildren. Read more...
