Landlords, what is going to happen now?

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The other day Rishi Sunak told us that a snap election is going to take place on the 4th of July, which opens up a can of worms for the UK property market.

It is definitely going to have some short term effects on prices regardless of who wins.

And we all know that the labour party has had some strong opinions on rental reform over the last few years – and frankly, landlords are scared.

Over the past week our Sunday Times column has been absolutely flooded with people asking what this election could mean for landlords and the UK property market as a whole.

So in this video we are going to shed some light on exactly what has happened, what the short and long term effects of the election might be, and at the end I will give you my personal opinion on the matter.

And please keep in mind that despite owning a property company, I am both a landlord and a tenant, so I do understand the argument on both sides.

So, let’s start with the most obvious and immediate impact of this snap election.