This was the highest proportion of unsold or withdrawn land since the agent’s records began in 1996 and was despite a 15% year-on-year fall in the number of acres on the market.
Just 24% of all acres marketed in 2016 were exchanged by the end of the year, compared with 69% in 2015 and 79% in 2014.
This left 37% available and not under offer by 19 December.
Gepp & Sons Agricultural Team have been buying and selling land for clients for many generations. If you require help with the sale/purchase or transfer of land please contact Edward Worthy on 01245 493939 or email@example.com
This is not legal advice; it is intended to provide information of general interest about current legal issues.