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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It’s one of the longest-running sales lines in estate agency to win over vendors and it sounds compelling. The problem is, once you actually look at how buyers behave, the logic falls apart.

It has just been announced that in addition to our local wins in Wells, we’ve now been selected as regional winners for the South West. It is fantastic to be recognised within the industry as an agent that provides the very best service for our clients.

Over the past year, we’ve seen an increasing number of clients successfully sell their home, only to find themselves stuck when their perfect next property doesn’t appear quickly enough or their original choice has fallen through. Traditionally, this is where sales fall apart but that doesn't have to be the case with a smart, strategic solution.

The UK Government has published draft regulations setting out the information tenants must receive under the new Assured Periodic Tenancy (APT) system. This is a positive step and offers more clarity on what is coming, but it is still draft guidance only. Find out everything you need to know about the new legislation, how to prepare and next steps.