Despite the uncertainties surrounding the Covid-19 crisis and ever-changing guidelines for the industry, Bell Ingram’s property team has enjoyed huge success over the last two years.
Repeated lockdowns have seen us all spend more time in our homes, which has really focussed the mind of buyers on what they truly want and need from their spaces, and as a result we are seeing unprecedented demand for rural property with ample green space as well as additional living space.
Such high demand coupled with a shortage of stock has driven up valuations with residential properties achieving anything between 5% to 30% over the asking price, and I expect this upward trend to continue into 2022.
The land and farm sales markets are also highly competitive, and our well-placed agents have experienced great results in these markets. As rural business experts, Bell Ingram agents understand the rural market and are able to take a creative approach to selling to achieve the best results for our clients.
Being part of a firm that includes, valuations, land management, forestry, mapping and planning pays dividends. For example, our Perthshire agents recently achieved 25% over the asking price for a farming client by separating land for forestry and securing permissions for property development.
Meanwhile, a recent large estate sale achieved 13.5% over the asking price of £1.6million following 173 viewings and 50 offers for our client.
With so much opportunity in the market currently, now is a favourable time to sell. But for buyers it is not always the ones with deepest pockets who are coming out on top! Buyers who have all their ducks in a row, and who are outwith chains, are often more successful than the highest bidder in securing their dream home.
Because we ask our buyers the right questions, we always secure the best deal for our clients. We would therefore recommend that anyone who is thinking of selling their rural property to get in touch with our agents as soon as possible to discuss your options.
If you are considering selling your home, farm or estate, our dedicated team is on hand to provide the expert advice you need. Contact Carl Warden on 01738 621121 or email firstname.lastname@example.org.
Article posted on 16/02/2022