The short-term political uncertainty caused by the resignation of the Prime Minister Boris Johnson and the merry-go-round of cabinet ministers – particularly the housing minister – could exacerbate the housing affordability and supply crises in the capital, according to experts.
In reaction to Johnson’s speech last Thursday afternoon in which he agreed to stand down after pressure from his own MPs, a chorus of property analysts have said that the upheaval at the highest level could impact housing policy and feed into the slowdown of the housing market.