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Hillary Beats Trump… At Least Where UK Property is Concerned
This article is an external press release originally published on the Landlord News website, which has now been migrated to the Just Landlords blog.
Hillary beats Trump…. At least where UK property demand is concerned, according to new research ahead of today’s US election.
Hillary Beats Trump… At Least Where UK Property is Concerned
Online estate agent eMoov.co.uk has analysed the impact of each presidential candidate on their UK property namesakes.
The agent has pitted St Hilary in Cornwall against Trumpington in Cambridgeshire to see which location is most in demand from UK property buyers.
And it’s bad news for Trump fans, as St Hilary came out on top.
eMoov produces a quarterly national hotspots index that monitors demand for property around the country, based on the balance of available and sold housing stock on the market.
It ran the study for Trumpington in Cambridgeshire and St Hilary in Cornwall to see just what impact the US election is having on property demand in the UK.
The data shows that property demand in Cambridgeshire as a whole is at a strong 43%. However, demand in the village of Trumpington has plummeted to just 19% ahead of today’s crucial vote.
Property demand in St Hilary, however, stands at a robust 37% – close to Cornwall’s overall level of 38%.
The Founder and CEO of eMoov, Russell Quirk, comments on the findings: “The prospect of a Trump presidency seems to be sending shockwaves further afield than the US campaign trail. Even sleepy corners of the British property market seem to be impacted by the unintentional allegiance to each candidate, through the names they share.
“It’s clear that, where property demand is concerned at least, Hilary is out in front by some way. We’re going to put our hat on this data and call the result of this election a day or two in advance – fingers crossed we’re correct.”
Yesterday, we reported on claims from many agents in the UK property industry, who have found that US buyers are ready to flee their homeland to the UK when the result is announced. Some property deals are already linked to the potential outcomes.
We will keep you up to date with the US election and its impact on UK property on social media. Follow us on Twitter for the latest updates: https://twitter.com/NewsLandlords
