Top Ten Country
‘The last few months have been interesting,’ says Wells, the MD at Prime Purchase who has 23 years in farms and estates under his belt, covering everything from commercial farmland and sporting estates to grouse moors and large country houses.
Clients are seeking advice more than ever before, he says: ‘They’re no longer panicking about finding the property, but about finding it, properly appraising it and making sure
it’s a sound investment’.
Although the M40, M4 and M3 corridors and ‘anywhere near a good airport or good road connections back to the capital’ remain the hot spots, people are increasingly travelling further afield. ‘It’s a lot more sophisticated out there than people were giving it credit for
a few years ago,’ he explains.
The highlight of his job will always be sourcing homes for clients who will ‘enjoy the property on an everyday basis rather than using it as another trophy house. It makes it even more exciting.’
Wells is reluctant to give forecasts, stressing that when a good asset appears on the market, buyers should assess it at that point based on their personal wealth: ‘I’ve never been an advocate of trying to second-guess.’
Although chronic lack of good-quality stock remains a problem, ‘the market remains relatively solid, bearing in mind the variables,’ he says.