The management of landed estates has changed significantly over the last decade. In order to prosper in a highly competitive market, estates have changed from passive owners, collecting rents, into active asset managers of property investment businesses.
Westcotts has experience in acting for landed estates across the South West of England. We are able to provide a full range of services tailored to the individual needs of the estate and its owners and family members. This will include but not be limited to the commercial issues involved with the management of agricultural, residential and commercial portfolios as well as any businesses running alongside the estate such as farm shops and tourism.
Our agricultural consultancy team can provide valuable help and work alongside your accountant to support the in hand management of farming units. We are fully versed in dealing with the nuances of shoots, other sporting rights, woodlands and heritage property.
Our tax department has wide experience of handling capital taxes planning – particularly IHT and CGT; dealing with the complexities of family trusts and specialist areas such as renewable energy investments. We can assist the owners and family members with the management of the estate, balancing the planned succession needs with keeping the estate on a sound commercial footing. It is important to fit all planning work to the family’s requirements, rather than fitting the family to the planning.
We are experienced at preparing accounts for landed estates. We are well versed in incorporating the unique requirements of each of our client’s estate whilst bringing together the various activities and ownerships in an understandable format.
Whoever you are, wherever you are, whatever you want to achieve. With more offices in the South West than any other firm, we’re always on hand to offer face-to-face advice, opening doorways to a whole world of specialisms and services which are available to all of our clients whenever they need them.
To find your nearest office or get in touch with one of our specialist advisers, please go to our contact us page.
A knock on the door opened up an opportunity for two well-established local property firms to build a future together. Angus Watson, Director at letting agents Aspen Property Management Ltd in Cullompton, Devon, was working in his office when John Parkin, a director at nearby estate agency Thorne and Carter called in to ask about30/06/22
Leading South West accountancy firm Westcotts Chartered Accountants today announced it is further investing in its growth through the acquisition of Bridgwater-based Sully & Co Chartered Accountants. With a team of ten, Sully & Co is an established local firm and has served businesses and individuals in and around the town since 1865. The Sully29/06/22
Fast-growing South West firm Westcotts Chartered Accountants has expanded its team by appointing a new Corporate Finance Manager. Will Mudd brings 15 years’ corporate finance experience, gained in the UK and Australia. Will is working closely with Partner and Head of Corporate Finance Alison Watts to provide clients across the South West and beyond with29/06/22