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
CBI Boss Calls for “Economic Migration” to Tackle Labour Shortage

The UK’s low economic growth could be solved by immigration, says the Director-General of the CBI. On the first day of the CBI Annual Conference 2022,...

 Read Full Article
EVO Partners With Not-For-Profit Housing Company to Tackle Homelessness in London

Not-for-profit company Capital Letters has partnered with property maintenance business EVO Digital Technologies to digitalise its repairs, maintenance and compliance...

 Read Full Article
Digital ID and Recruitment – What Do FMs Need to Know?

Whether recruiting remotely or in-person, facilities management businesses must keep up to date with the latest digital ID changes to remain compliant. Stefan...

 Read Full Article
Liz Truss Named Next Prime Minister – Industry Reactions

As Liz Truss is named as Boris Johnson's successor, what do business leaders think about the appointment? After beating Rishi Sunak by about 21,000 votes, Liz...

 Read Full Article
Is 10 Downing Street Fit for Purpose for the Next PM?

Cramped, not easily adapted for COVID security and like navigating a “rabbit warren” – can Number 10 Downing Street still function as an efficient...

 Read Full Article
PM Boris Johnson Steps Down After Scandal Cabinet Collapse

Boris Johnson has resigned as Prime Minister after a sequence of shifts in the cabinet. A public statement at Downing Street is expected today from the PM after less...

 Read Full Article
Revised Building Regulations 2022 – What is Part O?

A new UK building regulation came into effect on 15 June 2022, which deals with the growing issue of buildings being designed and constructed without due consideration to...

 Read Full Article
Sue Gray’s Report Shows ‘Poor Treatment’ Towards Cleaning and Security Staff

Senior civil servant Sue Gray’s long-awaited final report describes “multiple examples” of poor treatment of both security and cleaning staff. In the...

 Read Full Article