A Review of the North West Rural Property Market

The demand for rural property in the north west of England remains strong.

In the residential sector there is good demand for all types of rural property with purchasers particularly keen on barn conversions. These are becoming more and more difficult to obtain planning permission for as highlighted in the article by Simon Mair on residential barn conversions in the North West on this website.

There continues to be good demand for equestrian properties particularly where there is a strong residential element.

So far as the agricultural land sector is concerned, there is a good deal of uncertainty so far as the CAP Mid Term Review (MTR) is concerned and vendors and purchasers alike are proceeding with caution until such time as the impact of the mid term review is clear. These issues surrounding the MTR are addressed in greater detail in the article by Paul Wilson on this website.

The development sector is again proving to be an area of strong demand influenced by the changes in planning policy outlined by Planning Policy Guidance Note Three, and the Regional Planning Guidance for the North West with greenfield and infill development opportunities becoming scarcer.

If you are contemplating selling or buying rural property within the North West then please feel free to contact us for a free no obligation consultation as to the potential disposal of your property.

Andrew T Coney
Partner