EAMONN WALL & CO 

                 Woodland Design and Management

                        Forestry and Arboriculture

                             Landscape Design

 

                                                                    25 Years Improving the World with Trees

Company Update 2018 - Tree Dimensional

 

Welcome to our Company Update which was written in early September just as the trees were starting to change colour.  No doubt a consequence of the dry weather from mid-April to the end of July, though generally we have been very pleased with tree growth over the summer!  Of course our year got off to a good start with a Strawberry Reception to celebrate our 25th Anniversary when 50 folk visited us at Dollar.

2017/2018 was an interesting year dominated by a long winter which played havoc with our tree planting schedules.  Our main areas of work comprised woodland design and creation, Forestry Grant Scheme applications for both woodland creation and urban woodland management, numerous tree surveys, and the preparation of woodland management plans for some very interesting woodland properties including Crarae Wood for NTS, timber harvesting and marketing, and consultancy commissions for EIAs, forest valuations and landscape designs.

Woodland Design and Tree Planting - last season we planted 255,474 trees on sites in Ayrshire, Lanarkshire, Stirlingshire, Fife and Clackmannanshire.  We undertook all the draining, ground preparation, roading, fencing, planting and weeding.  Much effort is now employed progressing the aftercare and maintenance of tree planting schemes established over the past years, including weeding, deer control, tube removal, pruning and thinning.  To date we have planted almost seven million trees.

Forestry Grant Scheme - The Scottish Government remains committed to supporting the forestry industry by increasing the expansion of woodland cover in Scotland.  The annual target of 10,000ha is more or less now being achieved and the target is being increased to 15,000ha per annum by 2025.  The FGS provides excellent grant-aid to encourage land owners to plant trees with additional top-up contributions in most areas.  2018 saw the 100th anniversary of the Forestry Commission which came into being just after the First World War back in November 1918.  Happy Birthday!

Timber Harvesting and Marketing - Timber prices have reached an all time high and owners have benefitted greatly.  We have projects ongoing in Stirlingshire, Fife and even a large 10,000 tonne project in Caithness.  In Scotland about 13 million tonnes are harvested annually, this was about two million 25 years ago!  Demand is currently high for all grades of timber from saw logs for carcassing down to firewood.

Tree Surveys and Condition Reports - We regularly inspect trees for health and safety, and longevity purposes.  With much house building on the go we are also busy producing Tree Survey Reports to BS 5837:2012 Trees in relation to design, demolition and construction - Recommendations.  We continue to manage a number of arboretums and tree collections.  Our published pruning article was very well received.

Wild Cherry and Tree Shelters - In October 2017, Tubex overseas staff visited one of our sites as part of a trip out from their Conference.  Tubex manufacture the green tree tubes we so often use when deer fencing is not appropriate.  During the visit one of their German colleagues mentioned that they had experienced issues when using tubes to protect wild cherry trees, in that the trees grew quickly and soon their bark was tight up against the side of the tube, water got trapped and the bark became damp and necrotic.  We subsequently investigated some of our sites and found too that some cherry were indeed suffering and on one site in August we noticed three dying cherries.  In the past our recommendation was to remove the tubes once they started to fall off the trees when their laser line had split.  So from now on we will remove tubes from cherry trees once their leader is above deer browsing height (2m) and before the trunk completely fills the interior of the tube trapping water, probably caused by a combination of horizontal lenticels and quick growth. 

Forestry Investments - We bought a forest for our fourth forestry syndicate back in May 2017 and are now in the market again for our fifth forestry syndicate.  With timber prices so strong, demand is heightened for forestry investment.

Arboriculture and Silviculture - Two interesting and nice sounding words.  Arboriculture is the management of individual trees, such as roadside trees, specimen trees in a garden, park or school grounds, and can involve tree surgery works to thin, raise or reduce tree crowns/canopies and the removal of dangerous branches.  Whilst silviculture is that part of forestry practice that focusses on the management of a group, stand or crop of trees within a woodland or forest.  The whole stand is considered as one for management purposes and for example could include thinning and high pruning a mixed broadleaved stand, second thinning, continuous cover or clearfelling and restocking a conifer stand.  The art and science of arboriculture and silviculture underpins our work.

People - Eamonn's Canadian forester nephew Ronan completed his 12 months with the firm, departing in September 2018.  Jacopo joined the team in August 2018.  He studied forestry in Turin and moved to Scotland four years ago.  Eamonn is looking forward to a forestry study tour to Germany and Austria in September 2018 with the Forestry Society (RSFS/RFS), where he worked one summer whilst a student.  We look forward to reading his report.  We were very saddened and shocked on Hogmanay when Tony Hewitt died suddenly.  Eamonn had worked with Tony for four years after graduating and they had remained good friends ever since.  Congratulations to Janine for recently walking 26 miles in one day on the Rob Roy Way for charity.

We look forward to another year improving the world with trees and wish you an enjoyable year ahead.

We

 

      Highlights of 25 Years of Eamonn Wall & Co - 1992-2017

Planted 7 million trees.

Designed 500 woods under various grant schemes.

Harvested thousands of tonnes of timber.

Inspected many thousand trees and prepared Tree Survey Reports.

Carried out 145 farm conservation schemes.

Acquired and refurbished an old building into our offices, now heated by firewood produced from woods we planted 23 years ago.

Built numerous forest roads and footpaths, including the 19km Loch Leven Heritage Trail.

Prepared management plans for all kinds of woodlands and conservation schemes.

In Edinburgh we moved a 25 tonne Strawberry tree, which is thriving.

Through our Graduate Training Scheme, we assisted over 25 foresters into the industry.

We have put together four forestry investment syndicates, bought five woods and sold one.

Worked on over 150 golf courses, designed and planted arboretums and gardens.

Promoted farm forestry and carried out the Native Hardwood Flooring Project, sponsored  by Tubex.

CPD attended courses and events run by ICF, RSFS, NWDG, SEDA, RBGE, Confor, FC, AA, RFS, Arch+ Network and CCFG.

Eamonn obtained a TechCert in Arboriculture and a Diploma in Garden Design from Royal Botanic Garden Edinburgh.

Attended overseas study tours in Poland, Slovenia, Turkey, Finland, Chile, Estonia, Czechoslovakia and Denmark.

Published numerous articles, including ones on pruning, trees and development, vehicles, grants, conferences, weeding and native woodlands.

Supported charities including Tree Aid and Sight Savers International.

Promoted quality broadleaved silviculture.

 

Forestry Grant Scheme

The Scottish Rural Development Programme which includes grants for woodland creation and management was launched in April 2015.

Grants for woodland creation and management have been separated out into the new Forestry Grant Scheme.  Though still part of the SRDP, it is administered by the Forestry Commission.  

 See below for a summary sheet on Woodland Creation.  We have also prepared information sheets on the range of woodland management grants which include restocking grants and Woods In and Around Towns (WIAT), and a third information sheet on the more unusual grants for forest infrastructure, machines and co-operation.  Please contact us for copies of these. 

Langhill Woodland Creation and Rural Business Diversification Event

In November 2017, Eamonn Wall & Co along with the Forestry Commission, ran an informative day to discuss with landowners the current forestry grant schemes (FGS) available in Central Scotland. 

The day was attended by approximately 40 landowners and consisted of talks from various representatives in the forest and agriculture industry. The talks highlighted various topics including: opportunities for integrating forestry into rural businesses, the current Forestry Grant Schemes, woodland creation and forestry as an investment, finance for woodland creation and the animal health benefits of shelterbelt plantations.  A guided walk showcased the recently planted woodlands under the FGS at Langhill Farm. 

 It was successful day with many attending, and plenty of new interest in woodland creation within Scotland. 

Afternoon Farm Walk with Tubex

On 21 September 2017, Eamonn Wall & Co accompanied various representatives of Tubex for a farm walk to discuss and show the use of Tubex tree guards within woodland creation. The walk took place at Aldie Estate where various woods have been planted and are managed by Eamonn Wall & Co.

The members of Tubex were in Scotland for a meeting and were able to fit the afternoon into their agenda. Various conifer and broadleaved plantations were visited showcasing the success of Tubex tree guards. The walk provided an opportunity to see the product in use and show how beneficial it can be to woodland creation. 

The Tubex team thoroughly enjoyed the afternoon as it was an opportunity to get out in the field and see their product in action.

 

 

 

 
Chile and Argentina Visit - November 2015

With the help of grant aid from ConFor's Forest Industries Education Fund,  Eamonn Wall was a member of the study tour to Chile and Argentina organised by the Royal Botanic Garden Edinburgh.  The aim of the tour was to visit a range of landscapes mostly containing native woodland habitats. Thirty people attended with two staff from the RBGE, Martin Gardener and Dr Sabina Gardner, both of whom led the tour and have been to Chile on many occasions.  In fact Martin, in particular, is perhaps the world expert on Chilean flora.  He also heads up ICONic, the conifer world conservation programme.

The trip also coincided with the publication of a very special book containing the painting of 80 Chilean plants.  These were painted by three Turkish artists over an eight-year period and all the paintings featured in their own art exhibition at the John Hope Building at the RBGE earlier in 2016.  A Spanish edition of the book was recently published (Spring 2016) in Chile and Martin presented a copy to the Chilean President......

"As well as the two RBGE members we also had different local guides joining us on the trip for the three sections of Chile we visited.  Most of the time was spent in Chile with a few days in Argentina, and ranged from sea level up and through the Andes.

We are all aware that Chile is a very long country with Peru along its narrow northern boundary (where lies the Atacama desert) and Argentina along its eastern boundary with the Pacific ocean to the west.  Of course the eastern boundary is really the high Andes, which contains Aconcagua, the highest mountain in South America.  In botanical terms Chile is almost an isolated island and contains a huge number of plants only found in Chile, in fact 46% are unique comprising of 2,266 plants.  There are about 63 native trees (50 endemic to Chile) but many more woody shrubs.   Chile has a human population of 18m, of which 5m live in its capital Santiago.

And it was at Santiago that our trip commenced with a brief tour of the city to see the range of street trees grown in the city.  Despite having a large range of native trees to plant, most of the street trees were exotics including for example;  London plane, copper plum, Ginko biloba, ash, Magnolia grandiflora, rubber and Persian violet.  Our first guide quickly brought us up to speed on Chilean history and it was fascinating to learn that Chile became a Republic way back in 1818.  Its last Governor under Spanish occupation was Ambrose O'Higgins, an engineer from the west of Ireland who had joined the Spanish navy.  His son Bernardo together with a San Martin, from Argentina, forced the Spanish out of these two countries, and so Bernardo became the first leader of the new Republic.  Interestingly the current President of Ireland is Michael D Higgins.  Every Chilean town and village now contain squares and roads named after their famous leaders.  I felt at home already.  Native Chileans are from the Mapuche tribe and are more common in the south (perhaps 10% of the population there).

We quickly departed the city heading north to visit the La Campana National Park.  This park is mostly woodland and its' mountain,  La Campana, (the bell) was climbed by Darwin in 1830. The woodland was amazing containing the last main concentration of elephant palms (Jubaea chilensis) or Chilean Palm.  The trunks look like large elephant legs.  We also got to see the large range of native trees and woody shrubs.  I was aware that Chile is a narrow country (about 120 miles), flowing from the Andes down to the sea.  However, there is also a coastal range of mountains reaching 3,000 feet, so the central plain is in fact rather narrow.

Gunnera is perhaps one of the most common Chilean plants we see in the UK which looks like a large rhubarb, so it was very interesting to see it growing in its homeland. The Chilean firebush tree (Embothrium coccineum) with its lovely bright red flowers was a common sight throughout our trip.  This is also to be seen in the UK, and in fact the RBGE contains around 400 Chilean plants making it one of the largest collections worldwide.

After a visit to Zapallar, on the Pacific coast, where we saw a huge range of colourful plants and interesting fauna (eg sea lions and pelicans) and walked through a native coastal broadleaved woodland where exotic trees are being removed, it was time to fly 700km south to Temuco.  From here we headed east up into the Andes to stay two nights among the volcanos and amazing monkey puzzle (Araucaria) trees.  As we drove up the mountains we could see the monkey puzzle forests in the high distance and then suddenly the pine forest became a forest of monkey puzzles.  In some ways it looks like a Caledonian pine forest but of course it is growing on the sides of active volcanos, snow covered, and some of the trees are over a thousand years old.  The under growth is often dense bamboo, which was not something I was expecting.  Also growing in the mountains were four out of the eight southern beech trees (Nothofagus spp) native to Chile.  Some are evergreen, some deciduous, some very large (eg dombeyi) and some small growing high up in the mountains (eg Antartica).

We then visited a temperate rain forest where the variety of trees was wonderful and the sheer huge size of the southern beech trees amazing, much larger than our native trees in the UK.  Located on the side of a volcano which erupted only ten years ago added more interest indeed.  It was then time to head south again but this time by bus.  We were heading for the Lake District and to the town of Puerto Varas located on a large lake with the famous Osorno volcano in the background.  Along the way we saw many forest plantations containing mostly Pinus radiata, with some eucalyptus and a small element of Douglas fir. Small sawmills were common enough.  In many places the countryside was not unlike that of the UK.

Located not far from the town we visited a reserve where the highlight is the Alerce tree, Fitzroya cupressoides, named after Captain Fitzroy from Darwin's ship The Beagle. These are very old trees and one specimen is 3,622 years old. This part of Chile was once covered by a huge forest of Alerce trees up to 50m tall but during the 18th and 19th Centuries they were all felled for their valuable timber. The only mature trees that remain are protected in this park.  We then visited an area settled by mainly German farmers back in the 1850s at the invitation of the Chilean Government.

It was now time to head for Argentina by boat through the Andes to Bariloche, which would be our final destination before flying home in two days via Buenos Aires.  The boat trip actually comprised three boat trips.  Firstly on a large boat for a few hours where we then stayed overnight in a hotel.  The next morning we passed through a very unusual passport control and by bus up through a beautiful broadleaved forest into Argentina.  We then got onto a smaller boat along another lake followed by an hour's walk to go aboard another large boat for an amazing two-hour trip through the mountains to Bariloche.

A great study tour indeed."  Eamonn Wall

 

 Tree Aid

For communities in Africa, trees mean life.   TREE AID is the UK's only forestry based development agency, doing something simple so that communities in Africa can do something amazing.  By helping villagers in some of the poorest countries in the world plant more trees, protect existing trees and manage tree resources well, TREE AID enables people to grow themselves better futures.

Eamonn Wall & Co are pleased to support TREE AID and to find out more about TREE AID's work visit www.treeaid.org.uk

 

 

 

FGS Information Sheet 

GRANTS  FOR  WOODLAND  CREATION

The new Forestry Grant Scheme (FGS) opened in April 2015 and is run by the Forestry Commission as a stand-alone scheme within the larger Scottish Rural Development Programme (SRDP) administered by RPID for the Scottish Government.  It provides grants for woodland creation and management, and for forestry machines, roads and co-operation.

The woodland creation grants are paid out in two parts: capital grants for planting, fencing and protection in year one, followed by annual maintenance payments for five years. Additional initial payments are also available in Central Scotland and elsewhere.  All grants are tax free and are scored against set criteria.

Basic Payment Scheme may be claimed on land planted for the duration of the 20 year FGS scheme.  

Payments vary with type of woodland (eg broadleaf or conifer) being planted - minimum width of 15m.

PLANTING GRANT RATES:

Model

Min. Area

Composition

Tree Spacing

Trees/ha

Initial Payment

£/ha

 

Annual Maintenance (5 years)

£/ha/yr

Conifer  

(Sitka spruce)

2ha

SS: 65-75%   

Other Conifers/BL: 10-15%

Native BL/SH: 5-10%

Open Ground: 0-10%

 

2,500 (2m)

2,500 (2m)

1,100 (3m)

-

£1,920 or £2,160/ha

£208 or £234/yr

Other Conifer

2ha

Main conifer: 40-75%

Other conifers (or 50% BL): 10-40%

Native BL/SH: 5-10%

Open ground: 0-10%

 

2,500 (2m)

2,500 (2m)

1,100 (3m)

-

£2,160 or £2,430/ha

£336 or £378/yr

Productive Broadleaves

2ha

Broadleaves: 75-90%

Native BL/SH: 5-10%

Open ground: 0-10%

 

2,500-3,100

1,100 (3m)

-

£2,880 or £3,240/ha

£528 or £594/yr

Native

Scots Pine

(Highlands)

0.25ha

Scots pine: 70-85%

Native BL: 10-15%

Open ground: 0-15%

1,600 (2.5m)

1,600 (2.5m)

-

 

£1,840 or £2,070/ha

£272 or £306/yr

Upland Birch

0.25ha

Birch:85-100%

Open ground: 0-15%

1,600 (2.5m)

1,100 at est. (3m)

 

£1,840 or £2,070/ha

£128 or £144/yr

Native Broadleaves

0.25ha

Native BL: 85-100%

Scots pine: 0-5%

Open ground: 0-15%

1,600 (2.5m)

1,600 (2.5m)

-

 

£1,840 or £2,070/ha

£272 or £306/yr

Low Density Native Broadleaves 0.25ha-  10-25ha BL: 50-100%                                      Open Ground: 0-50% 500 (4.47m)        - £560 or        £630/ha £96 or £108/yr

Farm and Small Woodlands

0.25-10ha

(max 5ha blocks)

BL: 20-60%

Other conifer: 20-60%

Native BL/SH: 5-10%

Open ground: 0-10%

 

2,500 (2m)

2,500 (2m)

1,100 (3m)

-

£2,400 or

£2,700/ha

£400 or £450/yr

Also grants for planting in the Outer Isles.

The higher grant rates shown are for target areas - see Note 2 below.  Rates reduced for over 300ha.

 

 

ADDITIONAL PAYMENTS:

 

1.     Central Scotland Contribution

- Core Area £2,500/ha (max 40ha and 1km from population of 2,000+ people)

- Outer Core Area £1,500/ha (max 65ha)

- Fringe Area £750/ha (max 40ha)

Stirling, Renfrewshire, Glasgow, Dunbartonshire, Falkirk, Lothians, Clackmannanshire, Lanark, Ayrshire, and parts of Fife - all part of the Central Scotland Green Network areas (CSGN).

 

2.     Target Areas (additional 12%)

- Areas identified as being preferred or potential in the relevant local authorities Woodland Strategy (or equivalent) and apply to:

- Conifer (Sitka spruce)

- Diverse conifer (other than Sitka spruce)

- Productive broadleaves

- Cairngorms National Park

-  Woodlands for Water - SEPA/FCS target areas

 

CAPITAL GRANT RATES:

Capital Item

Payment Rate

Central Scotland Green Network: Core Area Contribution

£2,500/ha

Central Scotland Green Network Area: Outer Core Area Contibution

£1,500/ha

Central Scotland Green Network: Fringe Area Contribution

£750/ha

Genetically - improved Sitka Spruce

£150/ha

Stock Fence

£4.40/m

Deer Fence

£6.80/m

Deer Fence - High Cost (Highlands Only)

£9.90/m

Upgrading Stock to Deer Fence

£3.28/m

Rabbit-proofing of Existing or New Stock or Deer Fence

£1.60/m

Tree Shelter: 1.2 to 1.8 Meters

£2.00 each

Tree Shelter: 0.6 to 1.1 Meters

£1.16 each

Vole Guard

£0.19 each

Enhancing or Modifying a Stock Fence Black grouse and capercaillie core areas

£2.00/m

Enhancing or Modifying a Deer Fence - Low Cost Black grouse and capercaillie core areas

£2.00/m

Enhancing or Modifying a Deer Fence - High Black grouse and capercaillie core areas

£4.48/m

Conversion of Deer Fence to Stock Fence Black grouse and capercaillie core areas

£1.60/m

Gate for Stock Fence

£136 each

Gate for Deer Fence

£172 each

Badger Gate

£64 each

Self-closing gate for Non-vehicular Access

£280 each

Building or Restoring Drystone or Flagstone Dykes

£26.40/square meter

Bracken control supporting the mechanical or chemical removal of bracken for areas of significant contiguous bracken, agreed by the local conservancy.   The majority of the application must comprise of either a conifer, diverse conifer or broadleaf woodland creation option, and a minimum two hectares of contiguous bracken requiring treatment.

£225/ha

Gorse Clearance

£720/ha

 

 

Tree Shelters:

Tree shelters will generally only be considered for grant support on small areas.  The presumption is that fencing will be the preferred method of protecting new woodland.  However tree shelters may be supported for all Woodland Creation options where they are a lower-cost option.  FC will assess the silvicultural appropriateness and the value for money of the tree protection proposal.  There is also a preference for fencing and tubes to not exceed 150% of the planting grant.

 

 

Grant Payment Timings:

  • Capital grants are claimed once works completed and can take three months to arrive.

  • Maintenance payments are claimed each year on the Single Application Form (SAF), submitted pre 15 May each year with payments following on in April the following year.

Eamonn Wall & Co:

We provide a complete woodland design and management service to farmers and landowners throughout Scotland.  We have much experience in designing new woodlands and  obtaining grant approvals, and  undertaking all woodland management operations, including fencing, roading, drainage, ground preparation, tree planting, weeding, pruning, thinning, tree safety inspections, and timber harvesting and marketing.  

 

Eamonn Wall & Co

Woodland Design and Management

15 West Burnside

Dollar, FK14 7DP

Tel:  01259 743212

Fax:  01259 743073

Email:  consultants@eamonnwall.co.uk

www.eamonnwall.co.uk

Eamonn Wall & Co                                                                                                                                                                                          January 2018

 

 

Loch Leven Heritage Project

The project was completed in May 2014 and opened to the public in June 2014.  It is widely used by both cyclists and walkers.  The seeds for this ambitious project to create a  path all the way around Loch Leven, near Kinross were originally sown by the members of TRACKS (The Rural Access Committee for Kinross-shire) over 10 years ago. Following several years of feasibility studies, environmental impact studies, fundraising and local landowner negotiations, the project was formally launched in November 2006 by Rhona Brankin MSP.  Funders for this £3m project include HLF, SNH, Perth & Kinross Council, Forestry Commission, The Gannochy Trust and others. 

Eamonn Wall & Co were pleased to be appointed as Project Manager in April 2006.  Work on Phase 1 of the project started in December 2006 following extensive route survey work and a detailed tendering process. In spite of one of the wettest winters in many years,    Phase 1 was completed in Spring 2007, thus creating the first leg of the route from Kinross round to Channel Farm, some 5.52km in distance; this phase was opened to the public on May 17th 2007. Phase 2 construction work commenced in June 2007, which included the installation of a 30m span new bridge over the historic Leven Cut. Phase 3 was completed in early 2009 with this 'round the loch' 14km trail opened in April 2009. Phase 4 around the Mill to the pier at Kinross opened in 2011 including the construction of a stone bridge and innovatively designed bird hide. The last section from Vane Farm back westwards to Kinross was completed in April 2014 with the grand official opening of this project (£3m) held in May 2014.

Saving the Strawberry Tree

A one hundred year old Strawberry Tree (arbutus menziesii), one of only 15 growing in Scotland, is having to be re-located due to building development at a site within Edinburgh City. We are pleased to say that Eamonn Wall & Co has been retained to oversee this important project. This has involved initial pruning of the canopy and subsequently the all important root pruning was carried out in two separate operations 12 months apart in preparation for the move. This work has been carried out sensitively over a 4 year span and culminated in the actual move on November 6th 2007.  This involved digging around the tree and creating a root ball which was lifted by a 500 tonne crane using a sling system. The tree is now guyed in its new location (35m from the original). A trickle watering system was in place for two years. Seven years on the tree is alive and well!

Photo taken in Sandycove, Co Dublin!                                       

Eamonn Wall & Co Pruning Guide and Article

Eamonn Wall & Co have a useful field guide/article about the pruning of young trees available from their office in Dollar. To contact us for your complementary copy of the guide click here

The Beauty of Trees

We have been very pleased with the success of our publication called the "Beauty of Trees" which explains some of the many benefits which trees can bring to our lives. If you are interested in reserving your free copy then please contact us at Dollar.

 

Woodland Investment Opportunities

Why Invest in Forestry?

  • Steady natural growth of forests combined with attractive incentives;
  • A natural physically growing commodity, biological growth is about 5% per annum;
  • A tangible asset you can visit;
  • Tax free returns;
  • Grants available towards cost of management activities;
  • Increasing demand for timber for woodfuel, CO2 reduction, increasing world populations, restrictions on timber felling in some countries and an expanding timber processing industry in Scotland has strengthened demand for timber in the UK and especially in Scotland;
  • Low correlation to equities and commercial properties;
  • High agricultural land values. Investment returns on amenity woods comes from an increase in asset value rather than timber growth;
  • Low management costs in relation to crop value;
  • Scottish Government committed to enhancing the forest industry and increasing forest cover;
  • Annually UK forest sales are £50m-£100m.

Tax Incentives

  • Income generated from timber sales is free from income and corporation tax;
  • Forestry (both land and trees) attracts 100% relief from Inheritance Tax if held for two years;
  • Forestry grants are tax free;
  • Increasing timber values are exempt from Capital Gains Tax. Only any real increase in land values is liable to CGT, but this is usually argued to be not the case. Any land increase would be taxed at the new flat rate of 18%. However the land value of a mature plantation currently only accounts for approximately 10% of the asset value;
  • Rollover relief for CGT liability arising from the sale of a business asset.

Risks

  • UK timber prices are determined internationally and thus can fluctuate.   This can influence woodland property values, especially those containing mature timber crops.   But current demand is very strong;
  • Foreign exchange rates can impact on UK timber and pulp prices;
  • Pests and diseases can now be more of an issue but usually manageable;
  • Windblow and fire risks are insurable.

How to Invest?

Eamonn Wall & Co assist woodland purchases through two investment vehicles:

  • Individual purchases ‐ register with us to find a wood for you;
  • Syndicate purchases (ie groups of investors form a syndicate to invest over an agreed time frame) with Eamonn Wall & Co as investor/manager.  A Partnership Agreement is drawn up.

Values

Woods can be bought from £30,000 up to and well over £5m. Prices per acre vary depending on the size, age, location, condition etc of the wood but in the region £1,000 ‐ £4,000 per acre (occasionally more). Usually the smaller woods (say £50,000) attract a small wood premium. Bare land can be bought and planted with the help of grant aid and annual payments through the SRDP Forestry Grant Scheme.

Next Step

Eamonn Wall has now been established for over 25 years (since August 1992) and has much experience of investment forestry, woodland management, arboriculture, farm forestry, woodland creation and grant scheme expertise.  We help you find the woodland to suit your requirements: amenity ‐v‐ commercial , conifers ‐v‐ broadleaves, location, bare land, young (0‐10 years), mid term (15‐30 years) or mature plantations (35 years plus). We then carry out the management and act as investor/chairman of syndicates and as fund/forest managers.

Please contact us if you require further information.

 

Staff and guests aboard the Discovery Ship in Dundee for a dinner party to celebrate the first twenty years of Eamonn Wall & Co, August 2012.

(L-R) Alastair Seaman, Iain Catterwell, Robert Brice, Michael Wall, Gordon MacLarty, Malcolm Young, Eamonn Wall, Jane Brindley, Andrew Nugent, Simon Brindley, Nicola Moyes, John Langan, Russell Napier, Seamus Neesham

 

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