Impact of Personal Finance on UK Housing Market - Essay Example

Only on StudentShare

Extract of sample
Impact of Personal Finance on UK Housing Market

This report stresses that in UK, the procurement of the housing facility is largely facilitated by the financial risk and the structural pattern of the housing market. Apart from the traditional banks, UK housing market is financed largely by the large amount of investors from other countries. The requirements for the strong growth in the UK housing market were largely dependent on the pricing of the residential and non-residential property. The UK housing market then consisted of submarkets and the quantitative analysis was the most common method to determine the market issues and segmentation. The UK housing market consists of owner, rental and industrial owners and the affordability concept is measured through econometric concept.
This essay makes a conclusion that the housing scheme not only helped in decreasing the housing prices but also increased the repossession in the rental property land. The decrease was also due to the fact that the lenders were asked to pay only the capital sum at the end of the repayment term and tenure. The government has also increased the process of facilitation of the housing loans which have increased and doubled up to 15 percent in the last tenure. It is also observed form the graph that the government’s mortgage guarantee scheme of £12 billion helped in stoking the bubble to a large extent. With the emergence of the Household Guarantee scheme proposed by the UK government, an increase in the supply of the individual and rental property was witnessed in the following areas. ...Show more

Summary

The study will highlight the different facets of the UK housing market and the effects of the economic slowdown on the subcategories like residential, housing complex and other rental property. The fragmented housing market will provide opportunities to investors forheavy investment in the market…
Author : miracle61
Impact of Personal Finance on UK Housing Market essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Impact of Personal Finance on UK Housing Market"
with a personal 20% discount.
Grab the best paper

Related Essays

The state of the real estate market in UK
According to the research findings real estate globalization is an economic life fact where by cross-border savings are becoming common in tangible assets plus the portfolio savings. Most of the global real estate markets face barriers caused by different factors, which include social, political, technological, economic and legal.
7 pages (1750 words) Essay
Recent developments in the UK housing market
The author of the paper entitled "Recent developments in the UK housing market" touches upon the fact the UK economy had to face recession in the last two years which had an impact on reducing the UK house prices. It should be noted that highest growth in house prices which were significantly higher than the average UK housing prices were observed in London area.
11 pages (2750 words) Essay
Housing in UK Essay
Housing sector in the UK consists of Social housing and Private housing. Rents for private housing are determined between the landlord and the lessee on mutually agreed terms while the rents for social housing are determined through policy laid down by Government.
16 pages (4000 words) Essay
Housing Market in the UK
The housing market in the UK continues to be dramatically supported by that of historically low interest rates, low rates of house building, steady income growth, and of course, positive demographics; as well, "In our modeling, even very large (by recent standards) macroeconomic shocks fail to create a significant downturn in the market." (Cameron et al, 2006).
6 pages (1500 words) Essay
Rent setting and rent restructuring in social housing
tion, which has tightly controlled the pattern of new development, aiming to ensure economic and efficient management, and that national social policy objectives such as ethnic mix and tenant participation are realised (Wigglesworth and Kendall). Housing sector in the UK
10 pages (2500 words) Essay
A comparison of the UK housing market with the Bulgarian housing market
Financial institutions like banks have tightened the screws as they have strengthened norms for giving loans to the loan seekers. Earlier banks were ready to give loans without seeking many evidences about the financial capabilities of the loan seeker. Now banks
14 pages (3500 words) Essay
Housing economics (Housing Studies)
In the pure form of a free market economy, the resources are owned by the private individuals and all economic decisions are also taken by the
14 pages (3500 words) Essay
In England, the share of households who are home-owners has fallen in recent years, putting pressure on the social and private rental sectors. (i)Briefly describe the changes in tenure shares and key housing market indicators over the past few decades (20
The country has experienced four boom and broken series since 1970s and the country is yet to change its record and stabilize the housing market system as it has not learnt on the past
11 pages (2750 words) Essay
Personal Investment, Finance and Portfolio Management
I must say, it is quite hard to not to be struck by the sarcasm of generalised theories in relation to personal investment and portfolio management while discussing about individual investors in the UK. Considering that the fundamental alignment
16 pages (4000 words) Essay
Analyse the reasons for the recent UK recession and its impact on one particular leisure market. E.g. travel, restaurants, tourism
cluding a decrease in factory productions, people purchasing less goods, high rise in unemployment, an unhealthy stock or a sudden drop in the personal wages of workers leading to a scarcity of choice, and opportunity costs. A recession comes bearing grieve consequences since
8 pages (2000 words) Essay
Get a custom paper written
by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT