No change despite election
Property market to remain buoyantAs a business that has been successful in the property market for many years, we have become skilled in predicting how the market will respond to various situations. It is our firm belief that most of the possible election outcomes would have little or no impact on a property market that is governed by supply and demand.
To quote reallymoving.com May 2017, "Recent history suggests that the property market is especially resilient to outside forces, able to brush off political and economic uncertainty and take a business as usual approach no matter what the situation is. This is what happened in the lead up to the 2015 general election and it was also the case before and after the EU referendum. While the property market undeniably took a few hits in the short term after Britain voted to leave the EU, it soon recovered and any talk of property prices falling off a cliff or a dramatic property crash - of the like not seen since 2008/9 - proved to be fanciful to say the least."
We are in total agreement!