Rural property expert highlights growing demand for large acreage farms as people make new lifestyle choices

The Yorkshire Post has reported on warnings from a rural property expert that the rising demand for high acreage farms could have ‘significant implications’ for the rural and farming community

Farms of more than 500 acres were now commanding ‘premium prices’ from buyers with no farming background which was ‘changing the face of the market’.

However, whilst the pandemic has encouraged people to move to the countryside, the increased interest in larger acreage properties could also benefit rural communities as higher income earners move to rural communities and bring investment with them.

The opportunity to rent new land holdings by farmers unable or unwilling to spend millions on growing their ownership portfolios, would increase competition by driving innovation and much needed change to current farming practices.

The paper warns that as tenanted land is difficult to secure, by increasing the volume available it would increase prosperity, which in turn would benefit all rural communities and not just the landowner.

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Yorkshire Post - Rural property expert highlights growing demand for large acreage farms as people make new lifestyle choices