Property Market Growth Expected Following Election

News at Fox Grant | 11/05/2015

Confidence and stability is already returning to the property market following the Conservative election win.

London property has already seen a boost to the market with international investors rushing back to secure property at the top end.

For those wishing to relocate from London, this will make it easier for them to sell their homes and this in turn will cause a ripple effect to those areas outside the capital.

The South of England will probably benefit the most with those areas in commuting distance of London seeing the strongest property market growth.

Over the last few months, uncertainty over economic policy has caused a little turbulence in the property market but following election results, it is expected that the property market will start to see confidence return and steady growth.

William Grant, Managing Director of Fox Grant says:

"I think the election result is good news for the housing market and I hope it will free up the planning system and volume of houses coming to the market which will help keep prices stable"

Now the threat of the mansion tax has been removed it is expected that some of the deferred demand prior to the election will now return to the market. 

Fox Grant are expecting the market to be very active for the latter half of 2015 and early part of 2016. For advice on buying or selling, or to take advantage of our free valuation service please contact Fox Grant, 01722 782727.