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Sunday, March 18, 2018

Brexit uncertainty creates shortage of agricultural land coming to market - Farming UK News

Brexit uncertainty creates shortage of agricultural land coming to market - Farming UK News: Nervousness over the outcome of Brexit negotiations may have helped create a shortage of agricultural land coming to market, according to new analysis.
Figures produced by Savills show that the volume of land marketed in Britain last year was down by 16 per cent on the previous 12 months and eight per cent down on the 10-year average.
Strutt & Parker said farmland sales were down 10 per cent in 2017. Mark McAndrew, head of the national estate and farm agency department at Strutt & Parker, said the trend had continued into 2018.
"The first few months of the year feels unusually quiet," Mr McAndrew told FarmingUK.