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14 / June / 2017

Election Result 2017: What will it mean for UK property?

Just when the Prime Minister was on the cusp of seizing control and proceeding with her version of Brexit the electorate fought back, as the outcome of the surprise snap election, intended to strengthen Theresa May’s Brexit negotiating hand, embarrassingly backfired.

In total, the Conservative Party received the highest share of the votes. At 42.4%, only the ‘landslide’ victories of Blair in 1997 and Thatcher in 1979 have surpassed this share since the early 1970’s, however, the strong resurgence of the Labour Party vote and the UK electoral system resulted in the Conservatives losing their parliamentary majority.