UK RURAL LAND MARKET SLOWS DOWN AFTER ALMOST 150% RISE OVER DECADE
February 1st, 2018
THE BULL run in the British rural land market is over, or at least has slowed to a trot. After rising by 149% over the 10 years to 2016, research by the property consultancy Carter Jonas indicates that that the value of British (UK, excluding Northern Ireland) farmland fell by more than 8% last year. Rural land was worth around GBP8,972 (USD12,740) per acre at the end of December, dropping from GBP9,778 (USD13,885) a year previously.
This news comes at a crucial point for the British countryside, with landowners and farmers closely following the debate on what ...
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