So, it looks like Mr. Brown will at last declare his hand and call the election for 6th May. Will this impact the work that we do as Energy professionals?
The simple answer is no - at least in the short term. It's too early to say, but any changes to HIPs provision are not likely to be mainstream in the election debate, they might come up in the small print, but don't expect anything to be frontline on the 10 o'clock news. The conservatives have hinted that they might scrap the HIP, as I've said previously, that would be a shame, but let's wait and see.
Energy Certificates are much less threatened, as they are heavily backed by the EU, so they will stay in place in some shape or form going forward - business as usual.
More important is any electioneering around stamp duty - which might get above the radar in some of the debates. Uncertainty here could well make first time buyers wait and see to see if there is any financial advantage to them to hold back on any property purchase - and any action like this would slow down the market, when it is already sluggish.
A hung parliament - who knows as it is such an unusual circumstance in modern times. On this one I guess we have to wait and see too.
So what it all boils down to is a likely slowing for a few weeks in the market - which means the garden will get some more attention, then a watching brief on legislative changes in the new government, whatever it may be after the summer.
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