As Election Day fast approaches and media reports indicate that the vote divide is narrowing, many people are getting a bit twitchy about the possible outcome.
Will it be the right result for the country at a time when we are entering critical Brexit negotiations with Europe? How will any new regime be constituted, be it Conservative, Labour or a Coalition hammered out after a hung Parliament? Will the in-out squabbles continue after the negotiations begin, will Europe and Brussels extract its “pound of flesh” helped by a divided nation?
Most importantly, how will any new regime approach the property industry: will it be the rent controls and long-term tenancy security promised by Labour, or perhaps more of the same tax penalty anti-business rhetoric from the Conservatives?
Otherwise, we are in bit of a state of limbo until after the election with all the ongoing PRS regulatory issues, and such things as the banning of tenant’s agency fees.
Our Election Poll in this issue gives you a change to air your preference, to give us some sort of steer as to the way things will go. Our last such poll, at the time of the referendum, gave us a surprisingly accurate forecast from the property fraternity that the majority would vote to leave.
Tom Entwistle, Editor.