Brokers to vote Conservative despite Theresa May

Ryan Bembridge

June 7, 2017

Mortgage and asset finance brokers plan to vote Conservative tomorrow but many are underwhelmed by Theresa May.

United Trust Bank polled its brokers and found that 71% plan to vote Tory, 15% will vote Labour and 5% will opt for the Liberal Democrats.

However half (50%) said their opinion of May has fallen and nearly a third (30%) felt the opposite about Labour leader Jeremy Corbyn.

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May has been criticised for U-turns; the latest being the so-called ‘dementia tax’, dodging debates with other leaders and repeating the soundbite “strong and stable”.

Harley Kagan, group managing director of United Trust Bank, said: “Momentum has certainly been with Labour and many polls now put just a few points between them.

“However, to win a UK election you have to win seats and although Jeremy Corbyn may have seen a surge of support in traditional Labour strongholds there are still doubts about him being able to win over voters in the swing constituencies.

“Perhaps the biggest question mark now hangs over Theresa May.

“She will almost certainly win with a smaller majority than the polls and media predicted back in April and her future as PM may well be decided by the size of the majority the Conservatives can garner on Thursday rather than just winning outright.”

Labour’s manifesto includes plans to build more social housing and extend the Help to Buy equity loan until 2027.

Kagan added: “Regardless of who presides over Number 10 at the end of the week, Britain’s businesses will still have opportunities to invest and grow and housebuilders will still want to help tackle our housing shortage.

“‘Strong and Stable government’ has already become a soundbite of this election for all the wrong reasons.

“There’s nothing wrong with strength and stability if you deliver on that promise and UTB is committed to remaining a strong and stable lender whatever the future brings.”

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