Countrywide comments on the outcome of the General Election

Countrywide plc

Friday, May 8, 2015

Commenting on the outcome of the General Election, Alison Platt, Chief Executive Officer, Countrywide plc, said:

“We now expect there to be greater activity in the housing market, especially in the £2 million plus markets facing the prospect of a Mansion Tax.

“We anticipate this Conservative led Government to turn its attention from implementing policies that stimulated demand in the housing market to addressing the lack of housing supply. Sticking to its pledge to boost housebuilding through the provision of more affordable housing and more garden cities should prove welcome.

“The new Government could take this a step further by reviewing precisely what we call Greenbelt today and look to free up more land for sustainable development, as outlined in our ‘Tonic for Tomorrow’ research paper.”

-Ends-

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