A spokesman for the firm has stated that despite the slowdown in the overall housing market, the “buoyant” rural property market is still seeing strong house price inflation.
He said the trend was being driven by a “shortage of stock and supply” combined with a high number of purchases.
This made it a better time for those living in the country to be selling than buying, the spokesperson added, noting that: “If you are a buyer then you are having to pay more for things than you did a year or a few months ago.”
Such comments echo the Halifax rural house price survey, which was published last month.
It showed that prices were growing fastest in areas within commuting distance of London, partly driven by the buying of second homes, while first-time buyers also had to struggle with low wages and a lack of social housing.
© Adfero Ltd
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