The Farmers Mart Feb-Mar 2020 - Issue 67 | Page 58

SNAPSHOT OF 2019 FARMLAND MARKET Ongoing political uncertainty has resulted in a record low of farmland acres offered to the market in 2019 throughout Great Britain. In the North of England 20,626 acres of farmland were marketed in 2019 which is 4% less than the previous year, but 12% below the 10 year average. Nationally supply in G.B at 117,000 acres, was 38% below last years supply and about 26% less than the 10 year average. Of particular note was the East of England and East Midlands where supply was down 67% and 42%, illustrating the “wait and see” approach that some vendors have adopted. The election result at last clarifies the direction of travel and guarantees the total farm support for the term of the new Parliament. However, until we have clarity over future trade deals an element of uncertainty remains which is likely to continue to restrict supply going forwards. Sellers are benefiting from frustrated buyers, continued demand from neighbours and purchasers seeking to reinvest rollover money from Development land sales. Demand for sporting and amenity properties remains strong. Grass farm with development potential in an outstanding position overlooking the Wharfe Valley Pool in Wharfedale, West Yorkshire • • • • • • 3 bedroom farmhouse to renovate Extensive range of modern farm buildings Stone barn with development potential Productive Meadow and Pasture Land In all about 58.75 acres (23.78 hectares) For sale as a Whole or in lots Productive ring fenced livestock farm in the Ribble Valley Gisburn, Lancashire • • • • • • • • Talk to us today Andrew Black Farm Agency Regional 01904 617 831 [email protected] Will Douglas Farm Agency Regional 01904 617 812 [email protected] 5 bedroom farmhouse 3 bedroom cottage Traditional buildings with potential for conversion (subject to consents) Extensive modern farm buildings and cattle handling facilities Highly productive meadows and pasture Fishing on the River Ribble. About 345.96 acres (140.01 hectares) For sale as a whole or in two lots