Regardless of the outcome, the UK’s 2019 General Election promised to be a pivotal event. After nearly a year of Brexit delays, political infighting and general market uncertainty, Prime Minister Boris Johnson’s decision to call a general election in December was seen as an attempt to deliver a majority government.
As expected, the opening weeks of 2019 have been dominated by Brexit. The latest development – albeit a predictable one – saw Theresa May’s proposed withdrawal agreement roundly rejected by MPs, leaving the UK with no clear or determined path for leaving the EU.
The 2018 Autumn Budget, taking place this Monday (29 October), marks the Government’s last major fiscal statement before the UK’s departure from the European Union in March 2019. With the Brexit deadline looming, this budget has evoked much speculation about the reforms that could be announced to concerning the property market.