Buying and selling farms and land in Devon is a specialist area of the market. Landowners who may be considering offering their property for sale this spring or summer, should be reassured that Luscombe Maye’s knowledge of the market, trends and key players are invaluable to helping sellers achieve the maximum potential for their property, whilst buyers are directed to the most suitable opportunities, often before they come to the market.
Luscombe Maye pride themselves in assisting clients through the whole process and providing a service that is second to none, from start to finish.
In late Spring, when the lambing season is almost over, those who have an eye on a potential sale might use this slightly quieter period of the agricultural calendar to consider how much they could potentially achieve for their farm and land in Devon.
Careful consideration as to how the farm or land may be broken up and lotted, coupled with attention to detail on how it is presented, needs to be given, in order to achieve the best possible price.
Stuart Hext, Senior Director at Luscombe Maye, is all too aware of the pitfalls that landowners may make when offering their farm or land to the market and recommends obtaining expert advice, in order to maximise the return from their investment.
“Experience has shown us that buyers don’t always view a farm as a whole. Splitting the farm into lots, where possible, will attract a wider market of potential buyers, with different agendas. Sales that we have been involved with through 2022 and the first quarter of 2023, have resulted in farms and bare land in Devon selling to people from out of the area, as well as to local landowners and farmers.”
“We have seen an increase in land values, driven partly by the age old scarcity of supply. Looking forward, therefore, I consider it is even more important to ensure that any farm or land is presented in the best possible light and condition, to realise its full potential in the market.”
Established in 1873 as a firm of agricultural auctioneers, surveyors and estate agents, Luscombe Maye has successfully expanded its wide range of property services offered, in addition to the reputable Farms and Land Department. With eight offices spread across the West Country and linked to the London market with a Mayfair office, the firm is well placed to offer potential sellers an excellent service, reaching a wide market of prospective buyers.