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R>Farmer activity continues to dominate the UK farm land market representing 50% of buyers and 46% of sellers last year, new figures show.
Expansion is the strongest motive for buying more land, according to the latest issue of Savills Agricultural Land Market Survey.
The presence of non farming lifestyle buyers continues, although the proportion of these buyers making their first land, farm or estate purchase was at its lowest level since 1998 and was significantly less than the peak of 42% in 2004. In most cases last year it was existing landowners buying additional land.
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