Land supply market continuing to strengthen

A lack of supply across the country means that those who have already chosen to enter the land investment market have seen prices rise by over 15 per cent in the last year, it has been revealed.

Figures from property firm Strutt and Parker show that less land had been put up for sale over the course of the year so far, with a 16 per cent decrease from January to June fuelling the price rises.

The firm's database shows that the most popular area for land sales was central England, with 19,000 acres coming onto the market in the three months to July – an increase of 7,000 on the same period last year, Farmers Weekly reports.

"The demand for [land] is as strong as ever. Anyone even contemplating a sale will find this as good a time as any to put their land on the market," the magazine quotes Strutt and Parker head of estates and farm agency Mark McAndrew as saying.

The Farmers Guardian reported earlier this month that lifestyle buyers were increasingly taking precedence over farmers in buying up land in the market.


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