Head office
Archdeacon House
Northgate Street
Ipswich
IP1 3BX
01473 927 365
Woodbridge Office
28 Church Street
Woodbridge
Suffolk
IP12 1DH
01394 388 488
Westminster
remains abuzz with the news that Prime Minister Theresa May has called for a
snap general election. But what does this mean for the housing market?
Traditionally, the uncertainty surrounding an election causes an economic
slowdown that the housing market feels keenly. However, Iain McKenzie, CEO of
the Guild of Property Professionals, believes that calling an election in the
current political climate combines genius with recklessness, and has every
chance of positively impacting the housing market.
“The lack
of anticipated political uncertainty that surrounds this election is reason for
us to look at the housing market from a more positive viewpoint. Before this
election, the housing market is a seller’s dream. There’s less on the market
due to political uncertainty, but fewer homes means less competition for
sellers and the opportunity to stand out more. Now is the time to put your home
on the market. Conversely, after the election, the market will be buoyed by an
influx of new homes, creating a buyer’s paradise for those who have been clever
enough to sell before the election.
If you’re
considering buying or selling a home, now is the time to take action by
visiting our website for a free valuation.
I have
every confidence that the housing market will see immediate and long-term
benefits following the results of the general election.”
Archdeacon House
Northgate Street
Ipswich
IP1 3BX
01473 927 365
28 Church Street
Woodbridge
Suffolk
IP12 1DH
01394 388 488
5 & 6 Crescent Stables
Upper Richmond Road
Putney
London
SW15 2TN
020 4524 9345
Poplar Hall Barn
Low Road
Debenham
Suffolk
IP14 6BS
01449 723 500
Established in 2020, Halls + Halls offers 40 years’ of expertise in the real estate industry. Our team provides an easy to understand, non-negotiable fixed fee product to sell property.