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How will the General Election results affect the property market?

The majority win by the Conservatives surprised many as the opinion polls had suggested that no party would achieve enough support to avoid another coalition but has this result had any bearing on the property market?

The economic markets have reacted well to the results and the country’s economic situation looks set to improve. As such confidence in the property market is likely to increase which normally leads to house prices increasing as more people decide to purchase property as either investments or as their home.

Good news for property owners who have been stuck in negative equity since the recession, who may now be in a position to move, and home hunters who should see an increase in the numbers of properties available to let and buy.

For a free valuation to find out the current value of your property or to meet with our lettings team to help you start the search for an investment property please just give us a call.

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