The country house market has shifted from the pandemic days of sealed bids and bidding wars to a more measured market where buyers are now prioritising transport links, good schools, and amenities – reports The London Magazine.
Although higher mortgage rates, a slow start to the traditional spring selling season and the general election are all impacting the property market – there is still demand for a slice of green and pleasant land.
The trend of working in the capital from Tuesday to Thursday has stretched acceptable commuting times. Many HNWI have a pied-à-terre in London while purchasing a family home in the country. However, access to good amenities, from quality restaurants to top facilities, remains crucial.
Country homes with higher price tags and best-in-class features usually transact off-market, away from the public eye. Estates, too, are often marketed privately. For example, Ben Horne, Head of Country Buying, recently visited an estate in Wiltshire that required an NDA and had a password-protected brochure.