The Leading News & Information Service For The Facilities, Workplace & Built Environment Community

Johnson Comments On What Election Means For Property

Boris Johnson
housing and commercial developments might get going more positively after the election result - with thanks to FJP Investment.
13 December 2019
 

Jamie Johnson, CEO of FJP Investment was the first to tell ThisWeekinFM what he thought the election result would mean for both the commercial and residential property investment markets.

Johnson said: “Many will be somewhat relieved with this result – a Conservative majority means we are a step closer to ensuring Brexit will be finalised in some shape or form come the end of January 2020.

"As expected, there have been some significant movements on the financial markets which is to be expected. Once an election result is announced, the markets will naturally take time to adjust to the news, before once again becoming stable.

 “Of all the possible outcomes to come from the  election, a Conservative majority provides the most clarity. Their position on Brexit is clear and now we wait for Boris Johnson’s EU Withdrawal Agreement to once again be voted on in Parliament.

"Importantly, I hope the government uses this victory to start making progress on national issues that have been ignored, such as the property market.”

 

Paresh Raja, CEO of Market Financial Solutions

“In many ways, today’s result shouldn’t come as much of a surprise. The Conservative Party’s main election pledge has been to ‘get Brexit done’ and the result suggests people are longing for the issue to be resolved come 31st January 2020. What’s more, a majority government means we’re less likely to see a legislative deadlock in Westminster as has been the case since the last election. 

 “For the property market, this is good news. Investors have been yearning for greater certainty. This result provides that much-needed clarity and I’d expect to see an increase in property transactions over the coming months in both the residential and commercial development markets."

 

Jerald Solis, Business Development and Acquisitions Director of Experience Invest

“Despite winning a majority, the Conservative party should view this only as a minor victory. Whilst this was dubbed a ‘Brexit Election’, the public has made it clear that other pressing issues must be pushed to the forefront of the newly elected government’s agenda, such as the housing crisis.

“Research from Experience Invest has shown that just 11% of consumers had faith in Boris Johnson’s previous government to solve the problem.

 “One of the main public concerns will now be whether the government will meet the Brexit deadline of 31st January or seek another extension. After all, with over half (53%) of consumers Experience Invest surveyed agreeing that prolonging Brexit is counterproductive, we cannot let Brexit overshadow pressing national issues that have been ignored for far too long.”

Picture: Boris Johnson; and housing and commercial developments might get going more positively after the election result - with thanks to FJP Investment.

Article written by Brian Shillibeer | Published 13 December 2019

Share



Related Articles

FD60 - Crucial In Fire Door Safety

Yale Door and Window Solutions has successfully tested a number of its products to meet the FD60 fire door specification as part of a commitment to improving fire safety...

 Read Full Article
Crown Crowns An Annus Fabulosa

The Crown Estate, the profits of which go back to the public purse, has had another record income return - up 8.1% on 2015/16 to  £328.8...

 Read Full Article
London Mayor Calls for Temporary Visa Scheme for Construction Workers

Shortages caused by Brexit and COVID-19 must be dealt with by creating a temporary visa scheme for workers in the construction industry, says Sadiq Khan. In September...

 Read Full Article
Government Scraps Leeds Leg of HS2

HS2’s Eastern leg has been scrapped as part of cost-cutting measures in the government’s Integrated Rail Plan. Prime Minister Boris Johnson, writing for...

 Read Full Article
Fuel and Labour Shortages – CBI Calls for COBR-Style Action 

As the UK experiences supply shortages from labour to CO2 to fuel distribution, the UK’s biggest business group is urging the government to empower...

 Read Full Article
The Staff Shortage Crisis – Recruiting and Retaining Cleaning Staff

Amidst national staff shortages in the UK, cleaners and domestic staff are some of the most in-demand. In the week of 23-29 August, there were a total of 1.66 million...

 Read Full Article
The Right to Disconnect at Work – Is it A Legal Matter?

A European Parliament majority has voted for a law that grants workers the right to digitally disconnect from work without facing negative repercussions. MEPs are...

 Read Full Article
How is Brexit Affecting the Sale of Cleaning Chemicals?

Manufacturers that have failed to re-register their cleaning chemicals on the GB Article 95 List may not be able to sell in the UK market. Some cleaning chemical...

 Read Full Article
Have Businesses Prioritised Short-Termism Over Environmental Policy?

More and more businesses have prioritised environmental policy in an attempt to reduce their carbon footprint and tackle climate change. However, Brexit and COVID-19...

 Read Full Article
Developer Tax to Address Unsafe Grenfell Cladding

The latest research by London lettings and estate agent, Benham and Reeves, has found that the UK residential property developers could be taxed on profits exceeding...

 Read Full Article