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Savills sows seeds for farm growth

Savills Private Finance is expanding its agricultural division with the appointment of Matt Ducker from property consultant Strutt & Parker.

At S&P, he specialised in security valuations of country houses, farms and estates.

SPF has plans to boost the number of mortgages sold to people living in urban areas looking to buy in the countryside. Ducker will be based in Bristol and cover the West Country. He joins Mark Ashbridge, who set up the agricultural division at SPF in 2004.

Ashbridge says: “We are exceptionally busy at the moment, seeing a significant uplift in the number of city dwellers without an agricultural background buying land and property in the countryside.

“The agricultural and rural market has also changed dramatically over the past decade, with many farms and estates no longer generating the bulk of their income from agricultural commodity production or agricultural rents, and clients often require a mix of residential and commercial funding.

“This is a booming area so we are expanding the department to ensure we can service demand. Clients require the full package and we organise their finance, instruct the valuation and help them find a solicitor and accountant, if required.”

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