Uncertainty has reigned both nationally and locally in the property market over the summer months, fundamentally due to 14 consecutive interest rate rises which finished when the Bank of England’s Monetary Policy Committee held rates at 5.25% in September. Stubborn inflationary pressures have continued but appear now to be easing, with inflation falling to 6.7% through August. September’s figures are eagerly awaited but reports in early October that food inflation had fallen for the first time in 2 years do point to some light at the end of the tunnel. Challenges do remain with petrol prices rising again and the ongoing supply issues caused by the continuing war in Ukraine.