Labour and Conservatives spanked as The Brexit Party storm the European Elections

May 28, 2019
in or out politics

The Brexit Party emerged on top by a country mile ahead of Labour and Conservative with Liberals gaining themselves a strong second positioning across the country following inheriting many votes from those wishing to push for a second people’s vote and to remain in the EU. Green party also saw strong gains.

Across Europe there were positive gains for National conservatism with Le Pen taking advantage of the horror show put on by Macron (Yellow Vest demonstrations continue across the country), along with Slovenia, Poland, Hungary, Italy and more swinging to the right. Green Party fared well in votes with fears that parties had overlooked the importance of the likes of global warming.

It was a result to be expected that following a calamitous performance of recent years following the 2016 vote to leave the EU from Theresa May the Prime Minister (who has now set a date for her to resign) and the government of the Conservatives along with the flipping of a coin politics from Jeremy Corbyn and Labour.

So we could be ending up with at least democracy more likely than ever to take place in the UK by leaving the EU fully as voted for in 2016 with The Brexit Party taking a third of the seats available in the EU discussions that will be coming up before October 31st which is the extended date for leaving the EU – We could also be seeing the likes of Boris Johnson as the new Prime Minister or a follow on from May with a pro-remainer taking up the role.

Could Labour or the Conservatives tear apart their party by sticking to goal with the EU, ie Leave or Remain, which is the big issue of today, then maybe they should look to copy both The Brexit Party and Liberal Democrats in declaring their position re Brexit.

So what for the UK property market? What will this do to the short term economy, the pound, interest rates and property prices? Fears of a pro leave party taking charge will scare many immigrants within the country both legal and illegal, it may effect investments, it may effect the landlord industry as a whole if people leave and properties become empty.

Who knows what will happen! It will be an interesting few months ahead though…

Christopher Walkey

Founder of Estate Agent Networking. Internationally invited speaker on how to build online target audiences using Social Media. Writes about UK property prices, housing, politics and affordable homes.

You May Also Enjoy

Breaking News

First-Time Buyers Prioritising ‘Forever Homes’

A third of first-time buyer purchases are semi-detached properties, as young people turn to ‘forever homes’   Barclays mortgage data shows semi-detached properties rose in popularity in August, accounting for 33.5 per cent of first-time buyer purchases Four in 10 Barclays first-time buyer customers chose mortgages allowing them to complete their repayments over a 30+…
Read More →
Estate Agent Talk

Closing the gap on client relationships and recommendations

New research from iamproperty has highlighted the growing disconnect between what buyers and sellers want from their agent and what they experience, which could be killing recommendations from happy clients. iamproperty’s quarterly consumer survey revealed that only a third of respondents (32%)¹ would recommend their agent following their experience. With many agents relying on recommendations…
Read More →
Estate Agent Talk

Northern Ireland to expect over 25,000 new home movers

Belfast-based estate agency John Minnis has revealed that Northern Ireland is to welcome an estimated 25,000- 30,000 new arrivals from the UK and Europe over the next five years, as migration to the region reaches its highest levels in more than a decade. Recent figures show that 11,700 people relocated from other parts of the…
Read More →
Breaking News

Red tape and rising costs stifling new-build availability across the capital

The latest analysis from London estate agent, Benham and Reeves, has revealed how protracted building timelines are preventing the capital’s housebuilders from delivering the level of new-build housing stock required to meet demand, with new homes currently accounting for just 7.5% of all properties listed for sale across London. Benham and Reeves analysed the latest…
Read More →
Estate Agent Talk

UK’s new wave of ‘second cities’ offers strongest yield growth for property investors

The latest research from West One Loans has found that whilst investors may continue to favour the nation’s key cities such as London, Birmingham, and Manchester, a new wave of ‘second cities’ is delivering the strongest growth in rental yields. These emerging markets are offering investors the chance to achieve attractive returns, driven by rising…
Read More →
Estate Agent Talk

Decline in change of use further constricting housing supply

Jonathan Samuels, CEO of Octane Capital, believes that a decline in conversion projects could ultimately prevent the Government from hitting its ambitious housing delivery targets, as the firm’s latest analysis has revealed that the number of homes created through change of use has fallen sharply in the last five years. Octane Capital analysed official Government…
Read More →