We have a strong and knowledgeable agency team working across Scotland and the north of England who have been achieving a high level of success in the recent - and very active - COVID-19 dominated market. What is less well known is that we also buy properties on behalf of existing and new clients.
While the majority of sales happen on the open market, each year exciting and prestigious properties are sold through private marketing campaigns. This type of transaction occurs for a number of reasons, either personal or professional. We provide a personalised service for both selling and purchasing properties. In addition, we have made a number of successful approaches to the owners of properties which are not on the market but which ﬁt our clients’ requirements.
In a recent purchase during 2020, we acted on behalf of a client who acquired a substantial estate close to the West Coast of Scotland. Our client had enquired about another property Galbraith was marketing but that was under offer. However, we were able to use our network of contacts to introduce our client to agents of a property that was just about to be launched to the open market. Both vendor and purchasers expectations were aligned, resulting in our client getting early access and subsequently exclusivity to the property sale.
As part of acting on behalf of our new client, we are able to offer our land agency services by reporting on the current and potential management and subsidy position of holdings prior to purchase,
alongside providing advice on the various enterprises on the estate. This gave our client a better understanding of the existing and potential ﬁnancial returns of the estate and helped us to advise on a future estate policy.
Where we have successfully purchased estates and farms on behalf of our clients, we have on a number of occasions been retained to manage these properties. In the case of our above client, we now manage in excess of 28,000 acres of land on their behalf. The intrinsic nature of the purchase meant we understood our client’s objectives and a good relationship was formed at an early stage. Part of this success has been the ability to work with co-professionals along the journey, forming a progressive and trustworthy team.