Energy Performance Certificates

Friday 9 April 2010

Election Uncertainty may impact Property Market

I've been keeping a wary eye on all the politicising that has been going on this week and my worst fears are correct - property matters (with the possible exception of stamp duty) are not a priority issue.

What the property market doesn't like is uncertainty and we may see people stalling for the next couple of months until either manifesto pledges, TV debates are a mini budget make it clear how the new government will proceed.

If people think that the cost of a Home Information Pack (HIP) will dissappear (an old Tory pledge), then of course they will wait.

If people think that the stamp duty threshold will change, then of course they will wait.

As a practitioner in the property market, this does not help my business in the short term. We know energy Performance Certificates are here to stay, but my business is dependant on market volatility, and I can't influence that.

So it's a case of batten down the hatches and weather the storm. Let's hope for some clarity soon so we can all get back to some sense of normality.


Surrey Energy Consultants are a small independant consultancy providing HIPs and EPCs to the domestic and commercial property sector in Surrey and SW London areas. If you need help or advice, please get in touch.

1 comment:

  1. An interesting blog you have here. At least if the property market is currently slow, you'll have plenty of time for getting the garden in shape and maybe some more geo-caching!

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