Great Britain

Land supply shortage drives market

Investors were also looking for green assets, with a strong belief natural capital would be a profitable investment in the coming years.

Mr Lawson added: “Farmer buyers are always in the frame for a good quality commercial farm, blocks of land near to their existing base or opportunities for beneficial relocation. Now the ground is more accessible and crops are maturing, we may well see a few more farms of this type on offer.”

There was a continued preference in privately marketing property rather than opting for more public launches.

Alex Lawson, Savills head of farm and estate sales, said: “There was very little stock carried over from last year, which has meant those who brought land to the market early this year have been rewarded with strong sales as the buyers’ momentum from 2020 continues.”

He highlighted two ‘noteworthy’ buyers, with the first being those looking for residential and amenity properties as lifestyle choices drove people to the countryside.

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