Land News

Farmland Investments Rising

Lawson Fairbank 11th May, 2005

With house prices stagnating, investing in farmland may prove to be the alternative property investment.

According to the Royal Institution of Chartered Surveyors’ (RICS) rural land survey, farmland prices are still rising strongly.

Strong demand against falling supply pushed prices up by 25% in Q4 of 2004. Successive interest rate rises have contributed to a slowdown in the demand for mainly residential farms, although RICS finds no signs of a collapse.

The lifestyle buyers have fallen by 10% in the last year thanks to rising borrowing costs, however individual farmers buying have increased by 7%.

According to RICS rural spokesperson, Julian Sayers:

‘Despite the further decline of farmland availability, supply conditions are expected to improve as the implications of the Single Farm Payment are clarified. Both increased caution from non-farmer buyers and expectations for better availability in 2005 have led surveyors to believe that commercial and residential farmland property prices will flatten out over the coming year’.

Farmland prices in 2004 rose by 25%, compared to just 7% in 2003, the largest increase since 1994.

Featured Land for Sale

Land for Sale in Balsall Common, CoventryTotalling over 22 acres, a unique opportunity to purchase recently seeded and mature pasture land, ideal for the grazing of livestock.

Vantage Land - 01727 817 484


More news >

RSS Feed - Really Simple Syndication
What is RSS?


Sponsored Links

Land for Profit - A specialist investment land portal, offering land for sale across the UK

UKLD

Flash Sale Home
Need to sell your house fast? Sell your house or land to Flash Sale Home and we can arrange a fast home purchase.
www.flashsalehome.com