A great result

May 11, 2015

A really  great result for the property market as David Cameron settles back in No.10 with an overall Majority, after months of speculation on the outcome of the election people can now really get on with their lives in the knowledge that we have a Government in charge who puts growth first.

Many buyers had put their purchases on hold, particularly those buying properties above the £2m threshold that would have been hit by the mansion tax if Labour had come to power, no more so than the overseas buyers who were threatening to stay clear of the London market.

According to recent reports the forecasts from both Halifax and the Centre for Economics and Business Research expect property rises in the region of 5% before the end of the year.

Another report quoted Robert Bartlett of estate agents Chestertons as saying: “With the spectre of political uncertainty finally lifted, we can now all move on. We are already predicting the next few weeks and months will be very busy indeed.”

So the property Industry appears to have got the Election result it wanted, in fact it has worked out better than expected with a Conservative majority.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Overseas Property

Algarve tops the list of overseas destinations by Brits this summer

New analysis from Rightmove reveals the most popular overseas destinations that potential British buyers are searching for this summer The Algarve in Portugal is the most popular destination, followed by Paphos in Cyprus and Mallorca in Spain Spain is the overall most searched for country, followed by France and Italy New analysis by Rightmove, the…
Read More →
Breaking News

UK Construction Sector Activity Remains Stagnant

Glenigan’s data shows construction sector performance is depressed in a tough socio-economic landscape The value of underlying (under £100 million) work starting on-site during the three months to the end of July declined 11% and fell 29% below last year’s levels. Residential construction starts fell sharply, declining 25% against the preceding three months and dropping…
Read More →
Estate Agent Talk

Seven fire safety myths every business should avoid

Fire safety is one of those responsibilities that often doesn’t receive the attention it deserves – until something goes wrong, that is. For many businesses, compliance has fallen into the trap of being a tick-box exercise that’s centred around annual inspections, manual training exercises, and having the right paperwork in place. And although these are…
Read More →
Breaking News

Suzy Lamplugh’s legacy underlines the need to always make lone-worker safety a priority

More than 40 years after estate agent Suzy Lamplugh disappeared while attending a work appointment, her legacy remains a powerful reminder that personal safety must be central to workplace practices. On 28 July 1986, 25-year-old Suzy Lamplugh left her London office for an appointment and never returned. Her disappearance led her parents, Diana and Paul…
Read More →
Breaking News

Prime London sellers return to market

The latest analysis from Beham and Reeves has found that the number of homes listed for sale at £2m or above across Prime Central London increased during the second quarter of 2026, although performance continues to vary considerably between the capital’s most prestigious neighbourhoods.   Benham and Reeves analysed current Prime Central London property listings…
Read More →
Estate Agent Talk

What to know when buying land

The closure of UK Land & Farms (UKLAF) has left a significant gap in the UK’s specialist land market with buyers and sellers now forced to adapt after 18 years of relying on UKLAF as the cornerstone of the industry. As interest in land continues to grow, the company says the closure also serves as…
Read More →