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Robin Fern MSc MRICS, farm agent, looks at the current conditions of the agriculture and farm land market now that autumn has arrived.
Since the formation of the Labour government, the agricultural land market has seen a notable uptick. A few months into their governance, buyers and sellers alike are becoming more active, and it's clear why, the change in government has shifted market objectives, leading many landowners to reconsider their positions.
A driving factor for this surge is the concern over potential tax implications, particularly around capital gains. Sellers who have held land for a significant time are seeing this as an opportunity to cash out and reinvest before any possible tax reforms tighten profit margins. For those who have made successful investments in land, it is a strategic time to move assets while market conditions are favourable.
Agricultural land remains a stable and attractive investment, providing confidence for both seasoned investors and newcomers. Agricultural and farm land attracts a variety of buyers including shares and housing. The autumn market is enjoying a flurry of activity, which benefits both buyers and sellers.
Whether this pace will continue remains to be seen, but for now, the market is moving, and both anyone looking to move, sell, or invest should take note while the momentum is here. Being adaptable and proactive will be key for navigating this dynamic environment, ensuring that they make the most of the current landscape while preparing for what lies ahead.
For advice on the current market, or any farm and agriculture property matters, reach out to our knowledgeable farm agency team [email protected] or 01392 680059.
