4 Reasons Why the UK Property Market Will Not Crash
September 6, 2009 by Janet7
Is it really possible to make money in UK through Property Investment even during recession?
Some people are concerned about the possibility that the housing market in the UK is headed for a crash similar to what has happened in Spain and the USA. While there are some commonalities between these housing markets and our own, the prices here are not going to approach the levels seen in those countries.
How can we be so confident about this? Because the demand for housing far exceeds the supply.
Government projections are that only 100,000 new homes will be built in the UK this year; this is only a quarter as many as are needed before 2009! So until housing construction in the UK can match the large and growing demand for housing, the market is totally safe.
The truth behind hype: why the market is in no danger of a crash.
Some in the media may tell you that the UK is on a course towards Spanish and American style housing crashes, but in truth nothing of the sort is occurring:
1. Spain’s is housing market is struggling because they are still building more housing than there is demand for. While for property investors this is a great scenario, it isn’t so healthy for resellers.
The UK has exactly the opposite problem.
183,000 new homes were built in the UK in 2005. This may sound like a lot of new construction, but is far short of the amount of new homes needed to impact the market to the extent that prices would drop. This would require the construction of 245,000 new homes annually, a goal we are falling far short of at the present.
2. Between 2000 and 2006, the UK’s population rose by 1.7 million, which meant that around 800,000 new homes would be needed. Even though over 1 million homes were built in this timeframe, it was still not enough to account for the demand created by second home ownership.
3. When consumers are looking to buy a new home, they don’t compare their salary against the purchase price of the home, they compare it against the size of their mortgage payments.
While you will hear the argument that the proportion of mortgage payments to household income has grown from 15% in 2001 to 19.6% in 2005, these numbers are still far short of the 34% seen in the housing crash of 1989.
4. As economic growth continues, it is only natural that certain areas have kept pace with demand while others can simply not grow fast enough.
Take full advantage of the market abroad: start building a successful portfolio today.
When you think about the housing crashes in the US and Spain there is another perspective to look at it from – opportunity for property investments.
By investing in Spanish properties, you could bring in an income of more than 500 pounds a month!
It’s a buyer’s market and it’s wide open to UK investors.
You could buy properties for 40% under the asking price! With the right planning, you could buy quite a lot of property in Spain for a very low investment.
With the right property investment course and property investment mentor anyone can decent money in UK. Moreover, smart investers says that recession is the right time to invest on UK properties.
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me too charles your a luck man
The real cause of the traffic in prostitution is borders, because with the free circulation the women must not be subject to the organisation for stay in a not legal condition in a foreign Country.
Maybe your house is of some great historical interest and the council have them on display in the local museum. You will have to contact the solicitor or who ever kept your deeds to trace them for you.
[...] often hear business ventures from affluent people. Most Investors who have enough money will embark on a limited partnership with a new company. This may sound good [...]
Spaniards are Not Latin Not European Not white in culture or Race you are Hispanics Moorish Gypsies that is your culture and race all you do is befoul European lands with your Moorish national landmarks and befoul the air of Europe with your Flamenco jungle music get out of Europe and take your number 1 National heritage monument with you the Alhambra Palace!
NrthLondonBoy has added a photo to the pool:
Chatsworth House is a large country house at Chatsworth, Derbyshire, England 3½ miles north east of Bakewell (GB Grid SK260700). It is the seat of the Dukes of Devonshire, and has been home to their family, the Cavendish family, since Bess of Hardwick settled at Chatsworth in 1549.
Standing on the east bank of the River Derwent, Chatsworth looks across to the low hills that divide the Derwent and Wye valleys. The house is set in expansive parkland, and backed by wooded, rocky hills rising to heather moorland. Chatsworth’s garden is one of the most famous in England. The house contains a unique collection of priceless paintings, furniture, Old Master drawings, neoclassical sculpture, books and other artefacts. Chatsworth has been selected as the United Kingdom’s favourite country house several times.
en.wikipedia.org/wiki/Chatsworth_House
mate, seriously you pay tax everywhere, so shut up
You should do, because I don’t depend on a car to get around and take away food to eat like you.
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all his ideas for our country is against the constitution.. Watch some vidoes of several in government that talk about marxist ideals and collapsing America and change it to a socialize marxist country…check it out instead of whining you don’t know.. hurry before all the videos are erased from the web.
Soaring temps might press utilities in eastern US (AP) -
It'd be tough:
246. The requirements to be met by a person seeking leave to enter the United Kingdom to exercise access rights to a child resident in the United Kingdom are that:
(i) the applicant is the parent of a child who is resident in the United Kingdom; and
(ii) the parent or carer with whom the child permanently resides is resident in the United Kingdom; and
(iii) the applicant produces evidence that he has access rights to the child in the form of:
(a) a Residence Order or a Contact Order granted by a Court in the United Kingdom; or
(b) a certificate issued by a district judge confirming the applicant's intention to maintain contact with the child; and
(iv) the applicant intends to take an active role in the child's upbringing; and
(v) the child is under the age of 18; and
(vi) there will be adequate accommodation for the applicant and any dependants without recourse to public funds in accommodation which the applicant owns or occupies exclusively; and
(vii) the applicant will be able to maintain himself and any dependants adequately without recourse to public funds; and
Because you'd need to show accommodation and a contact order, as well as the usual.
[...] firm’s's calls.Business venturesWe often hear business ventures from well off people. Most Investors who have enough funds will start on a limited partnership with a new company. This may sound good [...]
Green Point Stadium – US vs South Africa: LIVE BLOG For the game, South Africa vs United States friendly at Gree…
MANCHESTER, UNITED KINGDOM–(Marketwire – Nov. 18, 2010) – Epistem plc (LSE:EHP), the UK biotechnology and personalised medicine company, today announced presentation of its novel ex vivo plucked hair biomarker assay at the EORTC-NCI-AACR Molecular Targets and Cancer Therapeutics Symposium in Berlin on Friday 19th November. Epistem has developed a method for maintaining plucked human hairs ex vivo, and then treating with therapeutic agents to obtain valuable information on the cellular response to drug treatment.
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I WILL WIN THIS TIME FOR THE PRESIDENT OF THE UNITED STATES!!!!!!!!!
Was southern Ireland a client state of Great Britain before it joined the EEC?
I'm not sure the United Kingdom had any real policy towards the Irish Republic post-1945 (other than allowing the entry of hundreds of thousands of economic migrants the Dublin government couldn't support).
And regarding the future I'm fairly certain the United Kingdom would not want southern Ireland as a client state.
Release Manager – London United Kingdom #job
Google Alert – "UK Guide" -
Questions and answers of your credit score doubt
Specialized Corporate Travel Counselor – Work at Home – Richmond, VA –> Specialized Corporate Travel Counselor – Work at Home Title: Specialized Corporate Travel Counselor – Work at Home Location: United States Other Locations: * Minimum 3 years Corporate Travel… Learn more here:
>Gareth
>>Every time we see “England” substituted for the united Kingdom it
>>grates and is within the philosophy of these 2 old imperialists.
United Kingdom? What United Kingdom?
What really grates, is that the unproductive fringes of the Kingdom get a parliament, while the wealth generating core has none. That, is hardly United. If certain politicians like to harp on about separatism, then expect the championing of Merry England and St George.
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SISTER BAYO TRENDING IN THE UNITED STATES. I CAN’T EVEN. #AVeryGagaThanksgiving
Research Scientist-Protein Expression – San Diego, CA –> Research Scientist-Protein Expression For more than 130 years, Lilly has been dedicated to meeting the health care needs of people in the United States and around the world. We address these needs p… Learn more here:
RT You can hate Justin Bieber, but if you can pick up the phone and call the President of The United States, you’re doing something right.
Cuba: Looking back and ahead: via
I have the impression that the Government of the United Kingdom is falling apart
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Territory Administering Authority Africa Western Sahara 1 Asia and the Pacific American Samoa United StatesEast Timor 2 Guam United StatesNew Caledonia 3 FrancePitcairn United KingdomTokelau New Zealand Atlantic Ocean, Caribbeanand Mediterranean Anguilla United KingdomBermuda United KingdomBritish Virgin Islands United KingdomCayman Islands United KingdomFalkland Islands (Malvinas) United KingdomGibraltar United KingdomMontserrat United KingdomSt. Helena United KingdomTurks and Caicos Islands United KingdomUnited States Virgin Islands United States]]>
RT Before coffee became popular, beer was often served for breakfast in the United States.
Leaving London — London, United Kingdom -