Early election will ‘enable confidence’ in property

An early General Election could push forward new investment into the commercial property industry – that’s according to one local sector specialist.

Duncan Green, managing partner at Pick Everard, says that Prime Minister Theresa May’s decision to call a snap general election on 8 June is a good one for the region.

Green said: “The election in June needs to give the government the authority and mandate to deal with Brexit effectively, delivering an outcome that gives clarity and certainty to all those investing in a new independent UK economy, including the property and construction industries.

“Securing four years to manage the process – with an elected leader chosen by the British public – puts us in the best position. I believe that an early election is a good decision, giving us the right timescales to get what the country needs out of a Brexit deal. This longer period of time will enable confidence in the property and construction industries in terms of investment – both from within the UK and internationally – which can only be a good thing.”