Somerset Christmas Tree Farm and Innovations in Home Buying Finance
Ryan Brook, 25, operates a Somerset Christmas Tree Farm with approximately 25,000 trees, having planted 6,000 new trees this year. He runs the family business alongside his parents, Andy and Gail. Ryan began selling Christmas trees at the age of nine to help fund his university education. Last year, the price for a pre-cut tree was £29.99. The farm is situated near Shepton Mallet and Frome. Ryan works as an electrical contractor for ten months of the year and dedicates two months to full-time Christmas tree farming.
Meanwhile, Lloyds Banking Group chief executive Charlie Nunn has discussed how tokenised deposits and artificial intelligence (AI) could transform the process of buying and selling homes. Tokenised deposits are expected to be introduced in the first half of 2027. The use of smart contracts could manage various aspects such as mortgages, conveyancing, document sharing, and payments, potentially reducing or eliminating the need for intermediaries.
