Hello everyone and welcome to the Property Podcast and Rob B of course with Rob D and this week we have an election special. Yeah, who would have thought it, another political upset?

We didn't think that we were going to be saying much about the election this time around.

We had a different episode lined up for this week, but seeing as things didn't go entirely as expected,

and there are going to be a lot of people wondering what does this mean for property we thought we'd better chip in.

Yeah it's gonna be a quick episode this week but we're gonna get straight to it we're not gonna mess around

we're gonna get into the points into the things that matter and importantly, what does this mean for you as a property investor?

All this uncertainty, all these things that have played out over the last few weeks,

as a property investor, is it going to help, is it going to hinder? We'll get to the bottom of it in the next 20 minutes.

Okay, well let's start at looking back and summarising what happened. You'll know what happened.

There is a hung parliament. the Tories were meant to get a

stonking majority and they ended up being a minority government holding power

just about with the DUP at the moment so we were meant to be recording this episode the day after the election, but seeing as nobody

knew what was going on, we've waited until the Monday morning, but it could have all changed

since then. But as we're recording, the Tories are in power and Theresa May is the Prime Minister.

A lot of ministers lost their seats as part of the election, including the Housing Minister, Rob.

Yes, so poor old Gavin Barwell the

housing minister he lost his seat so as it stands as we record this we don't have a

housing minister but I wouldn't worry too much because they didn't have

much power and it wasn't an important enough office position for the government to place somebody in by the

Monday so we've lost Gavin which is a little bit ironic actually, there's a little

footnote on that. He actually wrote a book on how to win marginal seats after his last win, and he lost his marginal

seats. So I don't think his book sales is going to be going too strong Rob after this.

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