AGENTS PREDICT RECORD LOW SALES IN 2020 MAY PERSIST THIS YEAR, AS BREXIT AND COVID-19 IMPACTS SHAKE OUT

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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