Fewer Scottish farms for sale

14 December 1999



Fewer Scottish farms for sale

ESTATE agency FPDSavills reports the lowest supply of Scottish farms and estates for sale in 10 years.

At the end of November there was a 20% decrease in acreage and a 25% decrease in the number of units offered for sale, compared to the same date in 1989.

A total of 24,047ha (59,421 acres) had been advertised this year, compared to 56,658ha (140,000 acres) a decade ago.

The significant fall was in the mixed farm category, where 36 farms have come on the market in the last year, a fall of 54% on 1998

But there are marked regional variations with 60% of the acres for sale being in the south-west or north-east in Scotland.

FPDSavills has sold or purchased more than 40 farms in the last 12 months, around one third of the total acreage in Scotland which has changed hands.

• The Herald 14/12/99 page 22