The final quarter of 2022 was especially challenging and will continue to impact the prospects for the property sector as we look towards 2023. Of course, with 2022 still fresh in our memories we’ll recall it was dominated by…
- The cost of living crisis
- Rising interest rate
- Rising inflation
- War in Eastern Europe
- Three Prime Ministers and one fateful mini-budget
But as we head into 2023 it would appear points 1-4 are all still very much front and centre and will continue to dominate our thinking at the start of the year. Additionally, the impact of the mini-budget will still be felt despite the subsequent row back by the new Chancellor.