Around a fifth of estate agents have seen a drop in buyer activity and almost a third claim sellers have gone quiet since the General Election was called, but it is business as usual for most.
A a survey of 846 estate agents, commissioned by GetAgent, found that since the election date was announced, 58% have seen buyer enquiry levels remain consistent, while 16% have actually seen an increase.
Just 26% stated that they have seen a reduction in buyer interest, as potential buyers put a hold on their plans to purchase in hope of a government-led incentive come July.
It seems that sellers are also largely unfazed by the prospect of an upcoming election, with 57% of agents noting the same level of seller activity since the announcement was made.
However, 31% have seen a reduction in enquiries since the election was called, suggesting that like some buyers, a segment of sellers are also keen to wait and see what potential incentives are announced.