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Thursday, July 11, 2013

The rewards of owning Scotland


Wealthy landowners are qualifying for state hand-outs of £12,000 a week, according to a new report.

The report claims that with just 432 owners controlling 50% of all the privately owned land, Scotland has "the most concentrated pattern of land ownership in the developed world".

The report notes "the ready access estate ownership gives to the public purse" is a key attraction of land ownership to "the rich and super-rich".

It points to the £600,000-plus a year in government subsidies available to the future purchaser of a £11.4m Argyll property – the Auch and Invermearan Estate near Bridge of Orchy, that is on the market, a fact which is highlighted in the sales brochure.

See also this post on our companion blog.


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