A farmer from Kilmarnock says that his family may be left land for sale by a land offer with builders which has seen them lose their £27 million price of land for just £350,000. Farmer Jamie McFadzean said that his father had even suffered a heart attack as a result of the fact that he realised that he had simply just signed away the loved ones lot of money. It resulted in Mr McFadzean staging a sit-in protest at East Ayrshire Council chambers.
It all arrived about as George, the dad, agreed a contract in 2001 that would at some point see the ninety acre Northcraig Farm transfer in ownership to developers Hallam land Management for just £350,000. The land has been in the family members due to the fact 1926. However in todays present worth of Kilmarnock, land for sale reaches about £300,000 per acre.
Jamie's argument is his dad land sale agreed an first £350,000 from your developers but on the understanding that additional payments of significant quantities could be made when home making commenced to the land. The land alone is located upcoming to the Southcraigs estate. According to Jamie yet another aspect is always that his 68 yr old father was told through the builders that if perform had not commenced inside seven a long time then the offer was off and ownership would the moment yet again be from the palms in the spouse and children. Nevertheless the specific reverse of this seems to get occurred.
He instructed the Kilmarnock Ordinary newspaper "My parents' lives have already been ruined by this. My Mum and Dad was once pleased individuals but not any extra. The only good reason my dad agreed to the offer was simply because he was assured that if almost nothing transpired with the land-and as a consequence he did not get any more payments-then a minimum of it will return to our family. Rather, nothing at all happened, no excess payment was actually produced and ownership after seven a long time remained with Hallam Land Management. When my dad found out this was the circumstance he collapsed which has a heart attack-that's how badly it has impacted our relatives. We all live right here and my dad and brother, David, nevertheless farm the land. It is our lives and we're seeing it currently being taken away for any pittance."
It all arrived about as George, the dad, agreed a contract in 2001 that would at some point see the ninety acre Northcraig Farm transfer in ownership to developers Hallam land Management for just £350,000. The land has been in the family members due to the fact 1926. However in todays present worth of Kilmarnock, land for sale reaches about £300,000 per acre.
Jamie's argument is his dad land sale agreed an first £350,000 from your developers but on the understanding that additional payments of significant quantities could be made when home making commenced to the land. The land alone is located upcoming to the Southcraigs estate. According to Jamie yet another aspect is always that his 68 yr old father was told through the builders that if perform had not commenced inside seven a long time then the offer was off and ownership would the moment yet again be from the palms in the spouse and children. Nevertheless the specific reverse of this seems to get occurred.
He instructed the Kilmarnock Ordinary newspaper "My parents' lives have already been ruined by this. My Mum and Dad was once pleased individuals but not any extra. The only good reason my dad agreed to the offer was simply because he was assured that if almost nothing transpired with the land-and as a consequence he did not get any more payments-then a minimum of it will return to our family. Rather, nothing at all happened, no excess payment was actually produced and ownership after seven a long time remained with Hallam Land Management. When my dad found out this was the circumstance he collapsed which has a heart attack-that's how badly it has impacted our relatives. We all live right here and my dad and brother, David, nevertheless farm the land. It is our lives and we're seeing it currently being taken away for any pittance."
