Financial Times FT.com

City buyers shun the country life

By Daniel Thomas in London

Published: February 11 2008 02:00 | Last updated: February 11 2008 02:00

City of London high-fliers who buy swathes of Britain's countryside are falling in number as the economic slowdown ends their dreams of a weekend retreat, a report out today will say.

Demand from so-called "lifestyle buyers" for farmland is falling, even though the surge in commodities prices has seen values for workable farmland climb to record levels, the Royal Institution of Chartered Surveyors has found.

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