How your vote may affect the property industry.
March 12, 2015
The majority of both large and medium sized UK businesses have backed a Conservative win in the upcoming general election, research by accountancy firm BDO has revealed.
The BDO poll also showed that half of the bosses of mid-sized companies would value a more equitable approach to taxation, particularly with business rates. The same number cited the inability to raise finance as the largest barrier to growth.
Of the 1,000 midmarket business leaders questioned, 89% favour Tory fiscal policies, 6% favoured Labour, 2% the Liberal Democrats, 1.2% the Scottish National Party, while less than 1% backed the Green Party or UKIP.
You May Also Enjoy
Bank of England’s rate hold
The Bank of England has held interest rates at 3.75% for the sixth consecutive time. Matt Smith, Rightmove’s mortgage expert, says: “The Bank of England’s decision to hold the base rate will come as welcome news to mortgage borrowers, particularly those on tracker mortgages whose monthly repayments move in line with changes to the base…
Read More 
54,000 properties hit market during back to school rush
Over 50,000 homes have hit the market since the nation’s schools returned following the summer holidays, with the level of property for sale climbing by as much as 35% across some areas of England, according to the latest research by Yopa. The full-service estate agency analysed the number of homes listed for sale across each…
Read More 
69% of homebuyers would compromise on their property
New research from UK Property Development reveals that 69% of recent UK homebuyers would be willing to compromise on the property itself to live in a better location, while 65% say they would pay more for a home if the location was right. The findings, from a survey of 1,016 recent UK homebuyers*, highlight the…
Read More 
The UK towns boasting +80% house price growth amid nationwide drop
For the first time since 2023, UK house prices have dropped. However, many areas are bucking the recent news, with strong growth overall in the last 5 and 10 years. The cash house buyers and property experts at Sell House Fast have compiled ‘The Property Prosperity Index’, revealing the best places to buy and sell property…
Read More 
London remains destination of choice for international property wealth
The latest research from London lettings and estate agent, Benham and Reeves, has revealed that London accounts for 43% of all property titles owned by overseas companies across England and Wales, highlighting the capital’s enduring appeal as an international property investment destination. Benham and Reeves analysed the latest Land Registry Overseas Companies Ownership Data to…
Read More 
First drop in rental supply in three years pushes rents higher
Rental growth set to accelerate to 4–5 per cent by the end of 2026 as higher mortgage rates keep would-be buyers renting for longer, reducing rental supply UK rents are 2.6 per cent higher in the 12 months to July 2026, up from 1.6 per cent in February and are on track to reach 4-5…
Read More