Adrian Gill, Chief Executive Officer, Leaders:

The UK’s snap general election may have resulted in the confusion of a hung Parliament, but it’s clearly business as usual for the housing market.

Both the Conservative and Labour manifestos are committed to supporting people who want to move home, and to the expansion of new housing. So for those thinking about or currently in the process of selling or buying a home, any short-term uncertainty should not prevent them from making the right longer-term decision for themselves.

Interest rates are still extremely low and demand for property to both buy and rent drastically outweighs supply. This will continue to keep house prices and rents stable and engender the confidence the market needs to stay robust through turbulent times.

In times of uncertainty, the lettings market always thrives and we expect the buy-to-let market to continue to attract investors looking for good returns and a safe place to put their cash long term. For any investor, whether they hold their assets in equities, government bonds or bricks and mortar, there will be short-term uncertainty. However, of all of these, bricks and mortar is likely to be the least volatile and best long-term investment.

With up to a quarter of all households expected to rent privately by 2025, existing landlords and new investors can continue to invest with confidence in an asset that has delivered more reliable returns than any other type of investment over the last two decades.

During times like this, it is more important than ever for anyone looking to make the best of the property market to consult a well-established team of local experts.

www.leaders.co.uk