Over a quarter, or 27 per cent, of the members of the National Association of Estate Agents (NAEA) believe the General Election will have the biggest impact on the housing market this year.
Nearly half (46 per cent) of NAEA members say there is a cool down on the market in the run-up to the vote in May.
The Conservatives’ pledge to build 200,000 more homes is expected to have the most positive influence on the housing market, with 45 per cent of NAEA members saying it would have the best impact.
On the other hand, Labour’s proposed Mansion Tax is seen to have the most negative impact on the market, with 57 per cent of the estate agents saying so.
The NAEA published the results of this survey in its February Housing Market Report today.
Mark Hayward, association’s managing director, commented:
“Demand is still vastly outweighing supply in this country, so it is clear something needs to be done to aid this growing problem. It will be interesting to see the outcome of this year’s General Election, but whoever wins it is vital that building more affordable homes is top of their agenda.”
