The Cotswold market has remained busy, with steady viewings from those who have to, or want to, move. However, the wider economy is not providing a great deal of confidence at present. The Autumn Budget has caused some buyers - particularly at the upper end of the market and those looking for investment opportunities - to pause and wait for more clarity. The ongoing rumours and speculation around potential measures such as a Mansion Tax and Capital Gains Tax on principal private residences are adding to uncertainty. These remain speculative at this stage, but the discussion alone is enough to unsettle parts of the market.

Pricing is extremely sensitive. Anything perceived as too expensive is simply not attracting interest, while best-in-class houses, in terms of finish and presentation, continue to generate the strongest response. For sellers, preparation has never been more important: instructing a solicitor early, ensuring the full contract pack is in place, and addressing any missing documentation/paperwork, can make a fundamental difference. In today’s market, sales that take too long to exchange are far more vulnerable.

That said, the local market remains buoyant, with committed buyers still keen to secure the right homes and not miss opportunities. We continue to agree sales. The Cotswolds continues to hold enduring appeal, with its quality of life and natural beauty ensuring it remains one of the most sought-after areas to live, even in more challenging conditions.