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‘The property market needs a General Election to solve Brexit’

Senior industry figure makes unusually partisan comments about politics as frustration with damage Brexit is inflicting on property market grows.

Nigel Lewis

property market

A senior member of the property industry has called for a general election and criticised Parliament for delaying Brexit in comments made to a newspaper.

The comment have come from Nick Taylor (above), chairman of the 30-agency strong Norwich & District Association of Estate Agents (NDAEA) who also runs Norwich-based Hadley Taylor.

In an usual departure from industry norms, Taylor has told The Eastern Daily Press that he believes the government is no longer in charge, that the country is run by a parliamentary ‘junta’ led by a partisan speaker who wants to either revoke Brexit, call a second referendum or “cobble together some half-baked deal which keeps us in servitude forever”,” he says.

“All three of these options will cause a level of civil unrest that will make the antics of Extinction Rebellion look like a tea party.

“What the country needs, what the economy needs and what the property market needs is a general election, and fast.

Property market

His comments followed a request from the paper to give his opinion on OnTheMarket’s lacklustre results this week and the property market.

“I’m not surprised that OnTheMarket is feeling the squeeze,” he says.

“Retailers, restaurant chains, travel businesses and car dealerships are all feeling the squeeze and we read about their business failures on a daily basis.

“The property sector still hasn’t seen volumes rise to 2007 levels and they may never return. The elephant in the room is, of course, Brexit. Or rather not Brexit itself but the constant and never-ending state of limbo we have had to endure.”

Read more about Nick Taylor.

October 14, 2019

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