What the Election Results Mean for the Rayleigh & Wickford Property Market
In this 60-second read, we take a very quick look at what happened last night and what it means to the property market in Rayleigh & Wickford.
Here is a Non-party political broadcast by Nick Cheshire of Nest in Essex.
Boris Johnson and the Conservative Party have won a large majority following last week’s election.
It’s very early days (less than 7 days in fact) into the life of our newly elected Government. But one thing seems crystal clear and that is we will be leaving the European Union.
In Rayleigh the votes are in, and Mark Francois (Conservative) secured their seat by 39,864 votes. which is over 30,000 votes ahead the competition, Mark achieved 72% of the overall votes. (David Flack of Labour achieved 8,864 and Rob Tindall of Lib Dem achieved 4,171 followed by Paul Thorogood of the Green party at 2,002)
So, what does this new political clarity mean for the property market in Rayleigh & Wickford?
Well, we’ve seen over the three years which followed the referendum that uncertainty was damaging confidence in the market.
Sellers were concerned about selling, buyers about buying. Often the reason for this was people wanted to know exactly what was happening with Brexit. Were we staying or were we going? People needed certainty.
It would seem we now have the answer.
This means we are expecting there to be a lot more activity in the Rayleigh & Wickford property market next year.
There is still a lot of dust to settle as things get sorted. And while we wouldn’t dare predict what will happen politically, however our commitment to helping people buy and sell in Rayleigh & Wickford is guaranteed.
So, with the election done maybe, it’s a good time to focus on Christmas parties rather political ones.
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Thanks for reading.