The UK property market is entering a more challenging period for sellers, with rising mortgage costs, increased competition and more cautious buyers putting pressure on asking prices. Recent figures from Rightmove highlight just how much market conditions are changing, with thousands of homeowners reducing their asking prices every day.

The Conservatives have unveiled a series of proposals aimed at reducing taxation and regulation, with housing and housebuilding featuring prominently within their plans. The party has described the wider programme as the “biggest deregulation project in a generation”, with proposals including abolishing stamp duty on property purchases.

The UK property market could be heading towards a significant change in the way flats are owned and managed. The government’s proposed reforms to replace leasehold with commonhold as the default form of ownership for most new flats could reshape the buying, selling and management of residential property across England and Wales.

A move often starts long before a property is officially listed. If selling within the next few months is becoming a realistic possibility, September is a good time to work out what needs to happen first.