Idina Glyn, Partner in the Private Group at Mishcon de Reya, has written for Prime Resi, providing a detailed snapshot of the prime country house market in 2025.
Idina writes that transaction volumes are down, deals are taking longer and buyers are more discerning, with a clear “flight to quality” and a preference for turnkey properties over renovation projects. There is also a marked caution among buyers due to high renovation costs, planning delays and ongoing economic uncertainty.
The article highlights the impact of recent changes to non-dom tax rules, which have prompted some UHNW individuals to leave the UK, while at the same time, there is a measured increase in interest from international buyers, particularly from the US. Regional demand remains strong in the South East, Cotswolds and well-connected rural areas, with buyers prioritising access, schooling, and community.
Looking ahead, agents expect the market to remain selective and slow, with best-in-class properties continuing to attract committed buyers. There is cautious optimism for the autumn, with some predicting a buyers’ market if price expectations adjust and economic conditions stabilise.
Read in full (subscription required)