Market Update July 2024

Market Update July 2024

With the election out of the way and mortgage rates starting to fall, we’re seeing a positive shift in the market with activity levels increasing. Pippa talks us through the latest activity from across Sandersons UK...


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With 12-16 weeks as the industry average time from sale agreed to completion before even taking into the account the time to find a proceedable buyer, savvy home sellers are listing their properties now while buyer demand is high for those looking to complete the transaction before increases to Stamp Duty Land Tax (SDLT) from April 2025

The Canterbury Lettings team have once again started as they mean to go on by letting 2/3 of our entire student property portfolio within the first month of going live.

The team enjoyed an evening out on the town to watch the Christmas light switch on & parade. The parade ended in the cathedral grounds which is hosting a market over the festive period.

The "State of the Lettings Industry Report 2024" by Goodlord found that many landlords are concerned about the impending Renters' Rights Bill and the impact the abolishment of Section 21 notices and immediate transition to periodic terms for all tenancies could mean for their investment.