The housing crisis is one of the most crucial political issues in the UK, with all parties aware that it is at the forefront of voters’ minds.
Housing affordability — particularly for the young — is a key issue, as well as tenants struggling to pay spiralling rents, and aspiring buyers, movers and remortgagers grappling with high mortgage rates. For older voters, the lack of suitable properties for downsizers is gumming up the market. Meanwhile, for landlords, higher taxes are causing a slowdown in investment.
What will the election announcement mean for the housing market between now and July 4? Some will hold off moving home, according to Richard Donnell, the executive director of the property platform Zoopla. He said: “The election announcement is likely