Manifesto full of promises

Manifesto,Manifesto and Manifesto, we’ve had the Conservatives and Labour, today we have UKIP and Lib-Dem, the green party are putting theirs out on line, a confetti of promises which will all have to be looked at again on the basis that no party will have an outright majority, so they are all promises with a question mark attached.

The UK house price phenomenum continues in its upward spiral and the politicians are scurrying around promising the earth to try to deal with a major housing crisis, the new build supply consistently fails to keep pace with demand and  both Labour and Conservative over the last decade have been no better than each other.

We have the new proposal by David Cameron on right to buy for housing association tenants, it beggars belief that such a scheme should even be contemplated at a time when social housing is unable to meet demand, yes it may catch a few votes from those that benefit from short term monetary gain. The UK is without doubt in the grips of a population explosion driven by immigration which we all know was initated by the Labour party and which has continued to the present day, not all of that is the fault of Europe either.

The massive problem which exists for all those looking to buy a property is that houses are too expensive in terms of affordability, if population growth continues as it is there will be no bursting of any property bubble but more and more years of ever increasing property prices and a continued housing crisis.

 

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

Breaking News

Does the market even need a Budget boost?

The latest market analysis from London lettings and estate agent, Benham and Reeves, has suggests that, despite mounting speculation around what support might come for homebuyers in the forthcoming Autumn Budget, the UK property market is already showing impressive stability and resilience – raising the question of whether it even needs a policy boost at…
Read More
Estate Agent Talk

What You Need To Consider Before Diving Into Property Investments

Are you interested in exploring property investments? This is a smart choice because it means that you can explore ways to diversify and grow your finances, even over a limited period. That said, there are lots of factors that you need to consider here to make sure that you are going to be able to…
Read More
Breaking News

Forget kerb appeal: LRG report reveals what really triggers a homebuyer’s offer

One of the UK’s largest property services groups has published its debut sales report, uncovering what genuinely persuades buyers to make an offer – and the findings challenge the traditional focus on kerb appeal. While sellers often guess which improvements will pay off, the data shows where money is well spent and where it’s wasted.…
Read More
Breaking News

Prime London’s love affair with period homes continues

One in four listings are historic properties The latest research from Jefferies London shows that nearly a quarter of homes listed for sale across prime central London (23.3%) offer high-end homebuyers the chance to secure a period property, with demand for prime period properties at its highest in Maida Vale. Jefferies London analysed current for…
Read More
Breaking News

Industry Response to latest Nationwide House Price Index

Nationwide House Price Index for October 2025, with the latest figures showing no Halloween haunting for homebuyers where house price growth is concerned – despite widespread talks of Autumn Budget uncertainty hitting the market. The latest index shows that: – House prices increased by 0.3% between September and October of this year. On an annual…
Read More
Breaking News

The capital’s most haunted property hotspots for Halloween homebuyers

The latest analysis by Foxtons has revealed which of the capital’s spookiest postcodes command the largest house price premiums, as the average cost of purchasing a property in one of London’s most haunted neighbourhoods comes in 48% more than the wider London average. Foxtons analysed the property market across 14 of London’s most haunted locations,…
Read More