Sam Butler’s Market Comment on the Cotswold Residential Property Market January 2023
Good News in the Residential Property Market!
We have begun to see a slight reduction in inflation, and the Bank of England now expects the base rate to be lower, than it had previously anticipated.
Despite the Bank of England’s rate rise at the end of last week to 4% being a 15 year high, as inflation is curbed, the Bank is predicting a milder and shorter recession than it previously indicated.
Whilst any increase in interest rates benefits savers and is detrimental to those with mortgages, fixed rate mortgages have been reducing ever since the change of premiership after the chaos engendered by the mini budget. Fixed rate mortgages are priced based on future expectations. As the expectation for the Bank of England base rate is nowhere near as high as previously thought, we are seeing falling fixed rates. In turn, this has a beneficial effect for those wishing to buy in the residential market.
We have launched several properties in the past couple of weeks, and it is quite apparent that there is sustained interest from buyers in the Cotswolds, from cottages to family homes. Some of this is the result of unsatisfied demand at the end of last year. In addition, as usual, people continue to need to upsize, downsize, move for work, or to move as a result of the three ‘D’s, death divorce or debt. The level of activity from registrations; enquiries; viewings and offers, reflects currently a healthy, active and solid residential property market in early 2023.
Why Sellers Need To Be Prepared To Sell
January and February are traditionally a time of assessment in the Cotswolds property market. Conversations begin in earnest with market appraisals requested and plans discussed. With spring now underway, the outlook feels more defined, helping confidence to build as the market moves forward. We have been particularly busy with market appraisals in recent weeks; it seems many are firmly in the mindset to move this year and are making a good start by getting ahead with their preparation.
Why Sellers Need To Be Prepared To Sell
Popular Local Establishment Re-opens – Hurrah!
Nestled in the picturesque village of Ewen, just a stone’s throw from Cirencester, this delightful 16th-century pub has long been a much-loved local landmark. Now, after a careful and considered restoration, The Wild Duck has officially reopened its doors and wow what a return it was!
Popular Local Establishment Re-opens – Hurrah!
Why the Cotswolds Remains One of the Strongest Property Markets in the UK
Few regions in the UK combine lifestyle appeal, long-term value and consistent demand quite like the Cotswolds. Despite periods of national market uncertainty, the Cotswolds continues to stand out as one of the country’s most resilient and desirable property markets, attracting homeowners, investors, and international buyers alike. So, what underpins this enduring strength?
Why the Cotswolds Remains One of the Strongest Property Markets in the UK
A Personal Approach to Property: Client Experiences with Butler Sherborn
At Butler Sherborn, client experience sits at the heart of everything we do. Across sales and lettings, our teams pride themselves on professionalism, local knowledge and a truly personal approach. The following recent reviews from 2026 highlight just a few of the outstanding experiences our clients have shared.
A Personal Approach to Property: Client Experiences with Butler Sherborn
