Post-General Election View On The Housing Market
The biggest deterrent to buyers, builders and investors is uncertainty, and the General Election result has perhaps prolonged the period of unknown outcomes with top property professionals predicting increased caution.
However, for the foreseeable future the UK housing market will be led by demand. Housing is a priority for each of the main political parties and both will be pushing to increase supply, a positive for the industry.
A grey area still lies with how each will tackle the issues of high transaction costs and affordability.