Election 2015: Yorkshire businesses comment on the state of the property market

Bdaily is continuing to ask businesses from each area of Yorkshire about what they want and expect from the forthcoming general election, in a weekly roundup.

As mentioned earlier this month, more than 100 of the country’s most senior business figures, a number of whom are based in Yorkshire, signed a letter to back Conservatives over the economy.

Therefore Bdaily is trying is uncover if Labour is losing significant support from the region they are so used to dominating.

After asking businesses in North Yorkshire and West Yorkshire for their thoughts, Bdaily wanted to delve deeper into the hopes and expectations of different companies in the region, therefore having a more specific view in a range of sectors.

As it is just under two weeks until the most important day in British politics, Yorkshire businesses share their thought about the ever-changing property market, which has been hotly debated during the runup to election day.

Nick Masheder, Managing Partner at Yorkshires largest conveyancing firm, Wakefield’s Beaumont Legal, said:

“The run up to the general election is always full of promises where each party tries to please everyone and, whoever gets into power, it’s impossible to know which policies will actually get implemented and which are just there as vote winners.

“The property market is going well at the moment, both in the commercial and residential sectors, and it’s important that this continues. A healthy property market makes a large contribution to the economy, not just with estate agents and solicitors but also builders, decorators and other industries so any future government needs to ensure the momentum remains. There have been several good initiatives such as Help to Buy and recent changes in Stamp Duty which have benefitted the residential market so hopefully this will continue with any future government.

“There has also been a lot of talk lately about how Scotland could benefit from the election but we need to make sure The North stays firmly on the agenda. We’ve had speculation about investment in high speed rail linking Leeds, Sheffield and Manchester but the next government needs to make this actually happen if we’re going to strengthen and grow commerce in the region and make sure that quality young people stay in the region.”

Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →