Less land on market than first thought

 SURPRISINGLY LITTLE extra land came on the market during the second quarter of the year, according to Mark McAndrew of Strutt & Parker.

“The statistics are surprising in that I believe the majority of agents would have assumed there was considerably more land on the market this year compared to last. This is not the case.

“We have seen larger farming units, particularly in the eastern counties, while in the south-east and west there has been a lack of land coming to the market.”

Overall, the firm’s figures show that 8% more land was launched during April-June. Mr McAndrew said there could be a small upturn in July because a number of large farms were put up for sale after peak selling season, however, he wasn’t expecting an especially busy autumn.