20.04.2017 UK general election not likely to affect property market

20.04.2017 UK general election not likely to affect property market

The announcement by British Prime Minister Theresa May about a surprise general election in a few weeks’ time is unlikely to affect the UK property market. There is not time before the vote on the 8 June for uncertainty to build up and the economy could be strengthened by the decision. According to experts the election is positive news for the property market. UK markets dislike uncertainty. This certainty will positively affect the UK property market, leading to increased sales. The UK will remain the primary market for the UK and worldwide property investors. If you are planning on buying a property in London or other prime locations in the UK, please contact Tatiana Svetlova for consultation on tsvetlova@svetlovallp.com.

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