SNAP ELECTION: Short and Long Term Effect

A bag of worms for the UK property market is opened by Rishi Sunak's announcement the other day that there will be a snap election on July 4.

Whichever side wins, there will undoubtedly be some immediate effects on prices.

Landlords are afraid, as we all know, because the Labour Party has expressed strong views on rental reform in recent years.

Our Sunday Times column has been inundated with inquiries over the past week regarding the potential implications of this election for UK landlords and the property market in general.
In this video, we will clarify the situation and discuss the immediate and long-term ramifications of the election. Finally, I will provide my personal thoughts on the subject.

Furthermore bear in mind that I am both a landlord and a renter, so I do understand the arguments from all sides, even though I operate a property company.

Let us begin by discussing the most evident and direct consequence of an early election.

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