1
Oct
Rural property bucks downturn in market
The property market remains "buoyant" in rural areas of the UK
despite the recent spate of financial turmoil, it has been
claimed.
According to a spokesperson from John Clegg, a specialist chartered
surveyors, the lack of supply of rural housing coupled with strong
demand has meant that thus far the rural property market remains
unaffected by the slowdown in global markets.
Moreover, these conditions make now good time to be considering
selling a property, he added.
He said: "There is a shortage of stock and supply and there are
plenty of purchases, so the market is quite strong.
"If you are a buyer, then you are having to pay more for things
than you did a year or a few months ago.
"Land is a very safe investment. They are not making any more of it
and people like to have something that is tangible, something they
can enjoy."
