Ask the Expert what the land market is like at the moment
Published on Wednesday 16th January 2019 by Sarah Jones
>This month's edition of The Farmer Supplement in the Shropshire Star features the regular 'Ask the Experts' section. Peter Daborn, Partner with Roger Parry & Partners has shared his expertise on the question:
>What is the land market like at the moment?
>A. Despite the weather, and with the uncertainty surrounding farm subsidies and trade, farm land and property sales within Shropshire and the Welsh Marches have remained firm in 2018, similar to 2017. One of the features has been the return of farmer buyers either looking to expand their holdings, purchase second units, or completely relocate from other areas in the UK.
>We are aware of a few scare stories in the press about certain pockets of the property market, but it doesn’t bear any relation to what we’re seeing on the ground. For us and our clients, this year has been incredibly positive.
>The fact is the population is growing and the government has been pushing a new build agenda for years now to meet the growing demand. There’s a huge appetite for property – particularly amongst first time buyers – and this is having a direct impact on land sales. If you own land, don’t wait for an undefined time in the future when your site may or may not be more desirable. The time is now!
>As a land and property owner, you’ll no doubt appreciate that you possess a valuable asset. But are you aware of all the development opportunities available to you? And if you have already applied for planning consent, with a view to selling, did you know that there are many lucrative options open to you that could be worth more than you think.
>My advice to any landowner currently considering selling would be three-fold:
>1. Look at all the options open to you
>2. Be realistic about your land’s value
>3. Don’t give up if your first planning application is declined
>We are a ‘One Stop Shop’ with specialists for the whole process from the planning to the sales. We have expertise and marketing exposure to sell both development land and also new-build houses. Roger Parry & Partners are the exclusive members for most of Shropshire and Powys for the Land and New Homes Network, providing un-paralleled access to the most up-to-date and cutting edge planning information and data, as well as contact with the buyers and developers for all types of land.
>If you would be interested in finding out more about what we can do for you, please get in touch. Telephone Peter Daborn on: 01743 791 336 or email: firstname.lastname@example.org