With news of Theresa May calling of a ‘snap’ General Election for the 8th of June what does this mean for UK housing market?
Overall in regards to sales and properties coming onto the market I suspect even more potential vendors and purchasers will be adopting a ‘wait and see’ attitude over the coming weeks.
The UK’s short supply of housing is likely to play a major role in the Election – indeed in his first interview post-Election announcement Corbyn Leader of the opposition party mentioned this – and that every manifesto will have something interesting to say on how the housing market can be ‘fixed’.
The result looks inevitable from the polls – a Conservative Party win which should mean business as usual with no detrimental change on the current UK housing market.