Calendar An icon of a desk calendar. Cancel An icon of a circle with a diagonal line across. Caret An icon of a block arrow pointing to the right. Email An icon of a paper envelope. Facebook An icon of the Facebook "f" mark. Google An icon of the Google "G" mark. Linked In An icon of the Linked In "in" mark. Logout An icon representing logout. Profile An icon that resembles human head and shoulders. Telephone An icon of a traditional telephone receiver. Tick An icon of a tick mark. Is Public An icon of a human eye and eyelashes. Is Not Public An icon of a human eye and eyelashes with a diagonal line through it. Pause Icon A two-lined pause icon for stopping interactions. Quote Mark A opening quote mark. Quote Mark A closing quote mark. Arrow An icon of an arrow. Folder An icon of a paper folder. Breaking An icon of an exclamation mark on a circular background. Camera An icon of a digital camera. Caret An icon of a caret arrow. Clock An icon of a clock face. Close An icon of the an X shape. Close Icon An icon used to represent where to interact to collapse or dismiss a component Comment An icon of a speech bubble. Comments An icon of a speech bubble, denoting user comments. Comments An icon of a speech bubble, denoting user comments. Ellipsis An icon of 3 horizontal dots. Envelope An icon of a paper envelope. Facebook An icon of a facebook f logo. Camera An icon of a digital camera. Home An icon of a house. Instagram An icon of the Instagram logo. LinkedIn An icon of the LinkedIn logo. Magnifying Glass An icon of a magnifying glass. Search Icon A magnifying glass icon that is used to represent the function of searching. Menu An icon of 3 horizontal lines. Hamburger Menu Icon An icon used to represent a collapsed menu. Next An icon of an arrow pointing to the right. Notice An explanation mark centred inside a circle. Previous An icon of an arrow pointing to the left. Rating An icon of a star. Tag An icon of a tag. Twitter An icon of the Twitter logo. Video Camera An icon of a video camera shape. Speech Bubble Icon A icon displaying a speech bubble WhatsApp An icon of the WhatsApp logo. Information An icon of an information logo. Plus A mathematical 'plus' symbol. Duration An icon indicating Time. Success Tick An icon of a green tick. Success Tick Timeout An icon of a greyed out success tick. Loading Spinner An icon of a loading spinner. Facebook Messenger An icon of the facebook messenger app logo. Facebook An icon of a facebook f logo. Facebook Messenger An icon of the Twitter app logo. LinkedIn An icon of the LinkedIn logo. WhatsApp Messenger An icon of the Whatsapp messenger app logo. Email An icon of an mail envelope. Copy link A decentered black square over a white square.

‘Demand for farmland remains strong’

Bogenraith Farm.
Bogenraith Farm.

Demand for farmland remains strong despite the challenges and uncertainties facing farm businesses, claims a leading agent.

James Presly from Aberdeen and Northern Estates Ltd (ANE) said the firm exerpienced healthy and steady demand for farms and farmland during the first half of this year.

“Whilst the early months of 2018 saw a relatively short supply in the market, this has given way during the summer months as more farm properties have been launched,” said Mr Presly.

“Despite this increase in supply, properties continue to be met with interest, which we take to be an indicator of steady demand. It has helped somewhat that the properties brought to the market this year are generally well spread-out across the region, reducing the concentration of supply.”

He said initial pricing was often the key to a successful sale and farmers are advised to price realistically and sensitviely to drum up demand for their property.

“We have reported in the past that we are finding buyers’ outlooks to be focused ahead, past the relatively short-term political uncertainties,” added Mr Presly.

“This certainly continues to be the case with many purchasers taking the view that the combination of the right property and favourable borrowing rates forms a unique opportunity that will stand the future of their enterprise in good stead.”

He said ANE had recently launched two well-equipped farms to the market and both have already attracted good interest.

These are the 542-acre Bogenraith Farm near Durris, Banchory, and the 230-acre Easter Jackston Farm at Longmanhill, Banff.

Looking to the future, Mr Presly said: “We expect the same degree of cautious optimism to remain in the land market and the resilience of both buyers and sellers to be undiminished in the short to medium term.”