Why The British Real Estate Market Will Rise Now The Election Is Over

Real estate professionals expect steady growth in the British market after yesterday’s General Election delivered a slender but clear victory for David Cameron’s Conservative Party. In the last few months, fears of a hung Parliament, where no party would have the majority required to govern the country, had cast a shadow over an otherwise healthy real estate sector.

Now Cameron’s re-election has put paid to uncertainty and agents expect a rise in both demand and supply. “A new Conservative-led government promises ‘more of the same’ in terms of housing market policy,” say analysts at international real estate consultants Knight Frank. “The main market impact is likely to be seen through renewed economic and consumer confidence following the return of what looks likely to be a relatively sustainable government.”

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