Luxury home sales hit 15-year high as wealthy flock to the countryside
Quoting Craig Fuller of Stacks Property Finders
Craig Fuller, of Stacks Property Search, a buying agent, said there was “no question” buyers had revised budgets upwards.
“One client who started at £2.5m is now working on a budget of £5m,” he said. “The setting and approach of a property remain crucial, ideally being in the middle of its own land, with enough acreage to ensure a significant buffer and ensure the opportunity for ponies for younger families. Demand for the really rural locations has also been replaced by those within spitting distance of a reasonably sized town.”
High ceilings were also near the top of buyers’ wish lists, Mr Fuller said, with swimming pools coming back into fashion, alongside tennis courts. “Although,” he added, “more and more I am asked about space for a paddle court (a mix between tennis and squash).”
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