Last Thursday, we were proud to host in Keynsham, home to our head office, Andrews Pre-Election Roundtable discussion. We invited five top property experts to debate the impact of the election on the property market.
The panel included: Michael Robson, Chief Executive of Andrews who has been with the business since 1976 and who is a Fellow of the National Association of Estate Agents and a Director of the Property Ombudsman; Stephen Smith, Director at Legal & General Network who has over 35 years’ experience within the mortgage sector; Tom Lacey a Chartered Tax Advisor who specialises in personal tax, Capital Gains Tax, Inheritance Tax and the taxation of trusts; Andy Tilsley from Nationwide and Mike Day, a specialist in issues around shared ownership and other models of affordable housing.
Prior the event, we’ve asked guests and online followers to submit their questions to the panel. Here are the top seven questions that were debated that evening:
- What impact is the General election likely to have on house prices?
- Is affordable housing a realistic possibility?
- Which party if any is likely to deliver housing numbers of 200,000 per annum?
- What affect is the 'Pensions Freedom’ from April, having on the housing market, especially buy-to-let?
- Is there a Generation Rent and how important will policy for the private rental sector be in the election?
- What is the best way of raising tax revenue through property?
- What impact could increase government spending, or changes in interest or inflation rates have on mortgage rates and the availability of housing stock?
The next six months represent a great opportunity for buyers, sellers and investors.