WILL BORIS JOHNSON MAKE ANY DIFFERENCE TO THE PROPERTY MARKET?
Well he could. He has said he will reduce Stamp Duty. He had a fairly good track record on housing in London, when Mayor. However, he does not have a good record for keeping to his word and this year is going to be dominated by Brexit, to say nothing of Iran, the Irish border problem and setting up worthwhile trading relations with the USA. Although with that, he does start with the advantage of having ‘clicked’ with President Trump, who sees him as a kindred spirit. So this year, what we can look forward to for sure is a lift to the public mood and therefore some confidence from the optimism that exudes from our new Prime Minister. A lift in spirits has to be a positive thing for the market.