AGENTS PREDICT RECORD LOW SALES IN 2020 MAY PERSIST THIS YEAR, AS BREXIT AND COVID-19 IMPACTS SHAKE OUT
February 1st, 2021
LANDOWNERS looking to sell holdings were hoping 2020 might be more predictable than 2019, once Brexit happened last January 31, after four years of political uncertainty. But a global pandemic and a last-minute trade deal heading off a no-deal end to a Brexit transition period this January 1 meant that last year was more unpredictable, further tightening inventory. The annual Strutt & Parker report on English estates and farmland reported: “Just under 54,000 acres were publicly marketed in 2020…the lowest amount on our records and we think in history.” ...
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