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
Hear from our Head Of Residential Agency - What can we predict for the Cotswold residential market?
As we put the difficult markets of 2024 behind us, what can we predict for the spring Cotswolds market?
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Our property of the month is this exemplary six bedroom house with a cottage and exceptional gardens and grounds, set on the edge of this popular Cotswold Village.
Property Of The MonthThe Renters Rights Bill - A New Year Update
In October 2024 the Bill went into Committee Stage, however was not included in the agenda for further reading before Parliament broke for the Christmas break. It is now expected that the Renter’s Rights Bill will be back in Parliament on 14th January 2025 for report stage.
The Renters Rights Bill - A New Year UpdatePub of the month – The Sherborne Arms, Northleach
The Sherborne Arms, located in the beautiful town of Northleach in the heart of the Cotswold’s. It’s an idyllic pub steeped in history dating back to the 15th century.
Pub of the month – The Sherborne Arms, Northleach