Definately not Labour

in or out politics

Today,  I am posting why I personally would not be voting Labour tomorrow, it is a view with one eye on the negative effects it could have on the property industry and the other on a few points in general that others may not be aware of.

It is not only myself that feels that the Labour Housing policies could be a disaster for our industry, experts from across the sector are predicting that Labour policies could seriously damage the Estates and Lettings Industry.

Zoopla property website recently warned,  “a Labour government could have serious repercussions for the property market and the economy as a whole”

Labour housing market policies will do nothing for UK property market investment, with the introduction of rent controls and property taxes  discouraging landlords and investors, whilst the removal of government support schemes for first time buyers is likely to further lower consumer spending.

It is posted almost everywhere the proposed Labour policies in detail so I will not go on and bore you with listing them all out again, they have been covered in previous posts.

We have seen a turnaround  in recent years in the property market under the Cons/Lib-Dem coalition, I would expect that all to be reversed if Labour were to get their way, the proposed “Mansion Tax” is a prime example of a poor policy that is meant to tax the so called super rich which will infact  affect ordinary British Families as well. The possibility of falling house prices and rising interest rates would negatively affect our sector and in so doing negatively affect the Property Industry as a whole.

While we look forward as to what might or might not happen if a Labour Government were elected to office, lets just look back a few years and reflect on some of the major happenings under the last Labour Government.

Left the country almost Bankrupt (remember the famous letter “there is no money left”), sold our gold reserves at practically an all time low, food banks were actually introduced during the previous Labour Government, the Rotherham sex scandal which is still being dealt with today, massive opening of the doors too early to European immigration for which they have apologised for, introduced privatisation to sectors of the NHS, still will not give British Citizens the right to vote in a European referendum.

Labour is a definate No for me.

 

 

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

Rightmove logo
Breaking News

Rightmove asks government to carefully consider property tax changes

The UK’s largest property platform Rightmove is asking the government to carefully consider the impact of any changes to property taxation to avoid unintended consequences which would risk stalling parts of the market. Key data National property tax Just under a third (30%) of homes for sale in England are priced at over £500,000, and…
Read More
Estate Agent Talk

Get Fast and Reliable Basement Flood Cleaning Services

Having water in your basement is awful. It could be because of a storm, busted pipe, or bad sump pump. Whatever the reason, water damage in your basement has disastrous effects if not dealt with. Basement Flood Cleaning Services are what you need. They will dry it out, disinfect the floor, and have your basement…
Read More
Breaking News

Breaking Property News 21/08/25

Daily bite-sized proptech and property news in partnership with Proptech-X.   Providing comprehensive, predictive operational intelligence across all aspects of building operations  JLL (NYSE: JLL) this week introduced artificial intelligence (AI) capabilities that are now available as an add-on to Prism, its award-winning building operations platform. As part of JLL’s property management technology ecosystem powered by…
Read More
Breaking News

UK House Price Index summary: June 2025

The average monthly rate of house price growth in June was 1.4%. The average annual rate of house price growth in June was 3.7%, up from 2.7% in May. As a result, the average UK house price remains at £269,000.   CEO of Yopa, Verona Frankish, commented: “June’s figures reflect a market that is steadily…
Read More
Breaking News

Private rent and house prices, UK: August 2025

Average UK monthly private rents increased by 5.9%, to £1,343, in the 12 months to July 2025 (provisional estimate); this annual growth rate is down from 6.7% in the 12 months to June 2025. Average rents increased to £1,398 (6.0%) in England, £807 (7.9%) in Wales, and £999 (3.6%) in Scotland, in the 12 months…
Read More
Breaking News

Industry response to latest inflation figures

Nathan Emerson, CEO of Propertymark, comments: “Unfortunately, any increase seen within the rate of inflation does brings very justified concerns to consumers, many of whom are still struggling with the cost of living, which has been steadily rising over the past few years. “Although there is more work to be done to help ensure inflation…
Read More