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23

Spring / Summer 2018

Aspects of Land

Grimsby

Scunthorpe

Stockport

Crewe

Buxton

Macclesfield

Wrexham

Chester

Warrington

Southport

Bolton

Bury

Rochdale

Huddersfield

Halifax

Bradford

York

Hull

Sheffield

Manchester

Liverpool

Leeds

Preston

Birkenhead

Ellesmere

Port

Runcorn

Wakefield

Barnsley

Chesterfield

Doncaster

Blackburn

Bridlington

Goole

Beverley

There is a drive for more “natural spaces”

£112

m

the total market value of the

UK forestry market

28.4

%

of all new housing in the UK was

timber framed buildings in 2016

and this is predicted to rise to

around 32% by the end of 2018

£275

m

was invested in wood

processing in 2016-17

32

%

the average 5-year forestry

capital value growth forecast

(2017-21)

substantial but not always enough

of an incentive to tempt farmers away

from more profitable pursuits. “In

Scotland there is less incentive to

continue to farm marginal land due to

the lower values so the economic model

of planting conifers, with support from

schemes such as the Forestry Grant

Scheme, starts to look better,” says Marc

Liebrecht of Savills Forestry.

However, the Plan may contain reasons

Central England shows that such

a project is possible and that it

can make a huge difference; tree

cover in that area has risen from

just 6% to 20% in 20 years.

To encourage long-term

sustainability, Savills James

Adamson adds that it is essential

future timber production is

woven in as an important

thread, as previous examples

of this type of woodland

creation have often focused

too much on planting an area,

and not enough on the future

utility and commercial value of

the woodland being created.

“Ultimately with any land

management strategy, economic

sustainability is the key to

success,” he says.

other than grants to plant trees. “I was

pleased to see that the Government would

be working with Grown in Britain on

ways to get more homegrown products

into the construction marketplace,”

Marc adds. “Developing new markets and

maintaining existing markets are both

key in order to ensure there are other

incentives for planting trees.” There are

also opportunities that will arise from

water catchment management and the

creation of “natural spaces” for public

health and wellbeing.

Another key factor could prove to be

Brexit, as farmers and landowners prepare

for subsidies to change. “If subsidies

are reduced or disappear, the sums for

planting trees might start to stack up,”

Marc said. “The fact that farmers won’t

necessarily be paid by area means it might

be beneficial from a management point

of view for them to look at diversifying

and planting woodland as an alternative

stream of income.”

Overall the aims of the Plan are to be

admired; planting more trees can only be

seen as a positive ambition and success

will largely depend on the attitude

individuals take. “Landowners who want

to plant trees will do so anyway, either

speculatively, driven by a belief that the

future timber price will be hugely greater

than the current price providing some

long-term upside, or because they have

their own holistic reasons that mitigate

the potential devaluing effect of changing

the land from farmland to forestry,” James

concludes. “In an environment where

agricultural values in England trump

woodland values it is very difficult to

justify planting trees unless you strip out

the economics and take the view that we

need more. If more people take this view

then wonderful. Alternatively, enhanced

funding is needed to provide a suitable

carrot, which is a mechanism that has

proved successful elsewhere.”

To find out about tree planting, contact

James Adamson, Perth, 01738 477 510,

james.adamson@savills.com

or

Marc Liebrecht, Lichfield, 01543 261 999,

mliebrecht@savills.com

The projected area of

the new Northern Forest,

providing a belt of trees

across the country

WOODLAND TRUST

PETER CAVANAGH / ALAMY