Sam Butler's Comment on The Chancellor's Autumn Statement
There were no measures which directly relate to property. No changes to Inheritance Tax allowances nor Stamp Duty.
The buying and selling of houses, and both the desire and ability to move, are of course driven by a household’s financial considerations i.e. the cost of mortgages, affordability and whether the house being bought is going to be worth more tomorrow than today. However, confidence is a major factor and it will be interesting to see how the market reacts to the 2% reduction in National Insurance and no increase in small business rates. Equally, the lack of further increase in interest rates, and inflation halving, will be positive factors; the direction of travel is improving.
We know there are those wishing and needing to sell and our mailing list is full of buyers wanting to move into or around the Cotswolds. We suspect, and anticipate, everyone will feel more positive in the New Year which will stimulate activity.
Sam Butler – Butler Sherborn -The Cotswolds Property Specialist
Butler Sherborn are currently marketing a number of lovely houses in the Cotswolds across the price ranges.
Spring Farm, Middle Lypiatt Guide Price £3,750,000 https://www.butlersherborn.co.uk/middle-lypiatt/nid3318
Pheasant Cottage, nr Burford Guide Price £1,250,000 https://www.butlersherborn.co.uk/carterton/burford-road/nid3453
Reflections on the Rural Land Market 2024 together with this Summer’s harvest
The Land Market - The volume of farmland for sale in the first half of 2024 was about 30% higher than the same period in 2023. According to industry indexes the average value of arable land is now just under £10,000/ac and just under £8,000/ac for pasture. However the actual prices achieved vary...
Reflections on the Rural Land Market 2024 together with this Summer’s harvestStability in the Cotswolds Residential Market ahead of the Autumn Statement
Predicting the strength or otherwise of the residential market is always difficult, and with the variables which affect it finely balanced, the task is challenging.
Stability in the Cotswolds Residential Market ahead of the Autumn StatementGood Gathers Pop Up Restaurant, The Cornwell Estate, Chipping Norton OX7 5YG
The brilliant and gifted gang of Ross and Ross Events have launched their farm to food experience on The Cornwell Estate. Ross Events are established bespoke caterers, and have been operating in the Cotswolds for over a decade.
Good Gathers Pop Up Restaurant, The Cornwell Estate, Chipping Norton OX7 5YGDryhill Wines , Cheltenham – Award- winning Fine English Bubbly
Dryhill vineyard is situated on free draining limestone terraces cut by the Romans. It nestles in a fold on the side of the Cotswold escarpment at around 130m above sea level. Dryhill Wines has recently been awarded a Silver medal at an international blind tasting, ranking their English bubbly higher than over 100 Champagne Houses, including Veuve Cliquot!
Dryhill Wines , Cheltenham – Award- winning Fine English Bubbly