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Natural Capital Investment

Natural Capital Investment in Yorkshire & the North of England

For most of history, land has been valued for what you could grow on it, graze on it or build on it. That is changing. A new set of markets now puts a price on what land does for the wider environment: the carbon it stores, the habitats it supports, the water it keeps clean.

For investors, that has turned natural capital from an abstract idea into something closer to an asset class, albeit a young and fast-moving one.

At The Property Partnership Group, our RICS and CAAV qualified consultants advise private investors, family offices, landowners and businesses across Yorkshire and the North of England on natural capital opportunities, from first appraisal through to a structured, working project. We act solely in your interests, with a clear view of which of these markets are commercially real and which are still finding their feet.

Why choose The Property Partnership Group?

Independent, experience-led advice shaped by local knowledge, long-term relationships and considered judgement.

Local expertise since 1998

Deep knowledge of our residential, rural and commercial markets, built over decades of active, on-the-ground experience.

Tailored Advice

Every management instruction is tailored to your needs. We take time to understand your objectives and provide honest, independent advice throughout.

Off-Market Opportunities

Long-standing relationships with agents, intermediaries and property owners offering early insight into off market opportunities.

Multi-Disciplined

Residential, rural and commercial expertise delivered by an RICS-qualified team.

What Natural Capital Investment Means

Natural capital investment generates a return from the environmental services land provides, rather than from conventional agricultural output. In practice that means being paid to store carbon, create habitat or improve water quality, either by selling units into an environmental market or by entering a long-term land management agreement.

  • Woodland carbon, where new planting is verified under the Woodland Carbon Code and produces tradable carbon units.
  • Peatland restoration, which generates carbon units under the Peatland Code by repairing degraded peat.
  • Biodiversity Net Gain, where habitat creation produces units that developers in England are now legally required to buy.
  • Nutrient mitigation, where land taken out of intensive use generates credits in catchments affected by nutrient pollution.
  • Environmental land management agreements, which pay for sustained habitat and ecosystem work over the long term.

What Our Natural Capital Consultation Includes

Our job is to apply investment discipline to a market that is still maturing: to test whether a project truly stacks up before capital is committed, and to structure it so the value holds over its full life. We can assist with:

  • Appraising land for its natural capital potential across carbon, biodiversity and nutrient markets.
  • Assessing the commercial viability of a project, including likely costs, revenues, timescales and risk.
  • Advising on the codes and standards that underpin each market, and what compliance actually requires.
  • Structuring agreements, covenants and unit sales to protect long-term value.
  • Considering the tax and succession position, including the effect on agricultural and other reliefs.
  • Integrating natural capital alongside farming, forestry and other land investments rather than treating it in isolation.
  • Reviewing schemes or approaches that have already been put to you by promoters or developers.

How Our Natural Capital Service Works

STEP 1

Understanding your objectives

Some investors want a defined environmental outcome alongside a financial one. We establish what you are actually trying to achieve before looking at any single project, because the right answer depends entirely on that.

STEP 2

Appraising the opportunity

We assess the land, the relevant markets and the numbers, then give you an honest view of whether a project is commercially sound, or not.

STEP 3

Structuring the project

We structure the agreement, the unit sales and the safeguards, working alongside ecologists, solicitors and tax advisers so the project holds up on every front. Long agreements reward careful drafting at the outset.

STEP 4

Long-term management

These projects run for decades, and their value depends on being managed and monitored properly across that whole period. We stay involved, overseeing delivery and protecting your position as the markets themselves continue to develop.

Meet your natural capital investment consultants

Toby Milbank  MRICS

Director

Toby milbank

Toby started his professional life as an estate agent in 2000 and qualified as a Chartered Surveyor in 2003. Toby has a wealth of experience in the purchase of the finest country houses, sporting estates and grouse moors in the north of England.

Tel: +44 7714 620555

Email: toby@tppguk.com

Tom Robinson MRICS

Director

Tom robinson

Tom has spent his entire professional life operating in the Yorkshire and North of England property market. Qualifying as a Chartered Surveyor in 2002, Tom has considerable experience of high-end residential, investment and agricultural property with an exceptional reputation throughout the North of England.

Tel: +44 7725 733169

Email: tom@tppguk.com

Edgar Seligman MRICS

Commercial Director

Edgar seligman

Edgar has spent his entire career working in the commercial property sector, specialising in investment and asset management. He has worked with a wide variety of clients including banks, property companies, institutional and private investors across multiple sectors including offices, retail, hotels, roadside, industrial and distribution in the UK and across Europe since 2005.

Tel: +44 7879 634654

Email: edgar@tppguk.com

Blair Wallace MRICS FAAV

Director

Blair wallace

Blair runs the Rural Consultancy division and offers a bespoke management service to a range of rural clients in and around Yorkshire. He has experience in advising a wide range of clients from private individuals to large institutions. Blair is also vice chairman of the Future Farmers of Yorkshire.

Tel: +44 7979 683687

Email: blair@tppguk.com

What our clients say about us

A few words from the clients we’ve supported across Yorkshire. You can take a look at our reviews here 

★★★★★

Invaluable help finding us a new home in an unknown area 250 miles away. Tom & Toby were fantastic throughout from introducing us to Yorkshire, helping identify preferred locations and finding a fabulous property.

Kevin

★★★★★

Due to Toby's relationships within the industry, he found our new home in the most wonderful setting. His experience and knowledge streamlined communications between all parties.

Mark

★★★★★

Wonderful service. Tom helped us so much with finding our dream home and continued to support us after our offer was accepted with surveys and more. Would highly recommend.

Beth

★★★★★

Toby was a fabulous advisor. He wasn’t afraid to challenge our thinking which is exactly what we needed. I’m convinced we’d have ended up with the wrong house and overpaid without his help.

Charles

Where we operate

Based in North Yorkshire and active across the North of England and Midlands, we support clients wherever property and land advice is needed, including:

  • Leeds
  • York
  • Sheffield
  • Doncaster
  • Darlington
  • Teesside
  • Newcastle
  • +

Frequently Asked Questions

What is a natural capital investment?
A natural capital investment generates value from the environmental services land provides, rather than from traditional agricultural income. Typical examples include carbon sequestration, Biodiversity Net Gain, water and nutrient management, and habitat restoration. These markets are evolving quickly and need careful structuring to make sure a project is commercially viable as well as environmentally worthwhile.
Which natural capital markets can I invest in?
The most active routes at present are woodland carbon, peatland restoration, Biodiversity Net Gain and nutrient mitigation, alongside longer-term environmental land management agreements. Which of these fits depends on your land, your objectives and your appetite for a market that is still maturing. We assess each on its own merits rather than assuming any one is right for you.
How long do these commitments last?
Longer than most investors expect. Biodiversity Net Gain agreements run for at least thirty years, and carbon projects span the full growth cycle of the woodland or the restoration. Entering one of these markets ties up the land for a long time, which is exactly why the structuring at the start matters so much.
What returns can I expect?
It varies considerably by market, location and how a project is structured, and these are young markets where pricing is still settling. Natural capital can offer diversification and long-term value alongside an environmental return, but anyone promising fixed, high returns should be treated with caution. We give you a realistic appraisal of the numbers for your specific project rather than a market average.
Will natural capital affect my tax position and reliefs?
It can, and the tax regime in this area is still developing. The treatment of environmental land for inheritance tax and other reliefs has been changing, and the position differs depending on the scheme and how the land is held. This is a point to take specialist tax advice on early, and we make sure it is considered before you commit rather than after.
Can natural capital sit alongside farming or forestry on the same land?
Often, yes, and for many investors that is the appeal. Natural capital can complement an existing farming or forestry operation rather than replace it, though the rules on combining environmental schemes and avoiding double-counting are detailed. We work out what can sensibly sit together on the same holding and how to structure this cleanly.

Buying Agents/Property Search Agents, Land Agents, Commercial Agents, covering Yorkshire and the North.

All directors are RICS qualified professionals.  Independent advice.  Respected local experts.

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