ANDREW MACPHERSON

CKD KENNEDY MACPHERSON

Category
Property Advisers
Company Size
Boutique

‘If you’re in the market to buy a £30-£40 million estate you actually don’t get much of a choice,’ says Andrew Macpherson. ‘There [has been] a very limited number of opportunities over [the past] five years to buy.’ While there is ‘pent-up’ appetite for buying, the stamp duty rise is ‘still a tremendous disincentive’, says Macpherson, who questions George Osborne’s rationale. ‘If he was trying to reduce the value of houses, which I think is not necessarily a bad thing, he went about it the wrong way. If you want to decrease prices you want to increase supply.’ Despite the paucity of stock, Macpherson’s most significant transaction was a 1,200-acre Northumberland estate for almost £12 million.

Andrew Macpherson
Tagged on: