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No new viewings. No clear updates. Just silence. You’re still on the market, but it’s starting to feel like you’re in limbo.
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.
Landlords often debate how much to spend on their rental property. Overspending eats into profits, but under-investing leads to bigger problems later — not to mention unhappy tenants. The key is to focus on improvements that add long-term value, reduce maintenance, and keep your property attractive to tenants.
The year has kicked off with a steady, grounded feel in Sandhurst. There’s activity, there’s movement but results aren’t falling into people’s laps. What’s working now is clarity on pricing, timing and on understanding your direct competition. It’s not about being first out of the gate; it’s about being best positioned when you do launch.