
The General Election- Thursday 4th July 2024 – Sam Butler comments on the Cotswolds residential property market reaction

No one likes uncertainty and this applies to the residential property market, which reacts adversely to negativity, whether this be economic or global conflict. Confidence diminishes.
Already sellers, but particularly buyers of property were becoming less active and more indecisive with a General Election happening this year, but no one knowing exactly when, until now. The announcement of the Election on 4th July provides a definitive answer as to the timing and this is helpful. We now know what is happening.
We predict that there will be the usual “ let’s wait and see what happens” before committing to a sale or purchase. This is natural, but our experience is that the outcome of an Election, particularly in this current political climate, is unlikely to change things one way or another, generally. There will be a lull during campaigning, but shortly after the result life will return to normal. Economically, things will continue to look brighter with inflation continuing to fall along with a cut in interest rates. At that point, there will be a positive uplift in sentiment and across the Cotswolds property market.
Our advice therefore to sellers is to continue with their plans, be realistic in pricing and to accept the right offer today. To buyers, we advise that if they find the property that suits their needs, they should get on and buy. From our experience, there is almost never enough supply in the area, and with the pressure from demand, prices will remain firm fundamentally. It may be a little quieter today, but that can change very quickly with more than one buyer competing for a particular property in and around the popular Cotswolds.
Sam Butler
For any property advice, or to discuss the market, do please contact me, Sam Butler on 01285 883740 or sam@butlersherborn.co.uk

Creating A Wildlife Friendly Garden
As a garden designer and a garden owner we have a duty of care towards the environment to create wildlife-friendly gardens to promote biodiversity and minimize the environmental impact we humans are having on the world today.
Creating A Wildlife Friendly Garden
What’s influencing UK agriculture?
The UK farming industry is currently at a crossroads, facing numerous challenges that threaten its stability and sustainability.
Our Rural Department
Hear From Sam Trounson - The Newest Member Of Our Cirencester Team
I embarked on my professional journey in estate agency in 1992, armed with a degree in Land Management from Reading University.
Hear From Sam Trounson
Badminton Horse Trials Highlights
Ros Canter and Lordships Graffalo secured a second Mars Badminton Horse Trials title, adding to their impressive accomplishments in an emotional conclusion to the 2025 event.
Local Happening's