Article Side

Online Article Directory!

Hello Guest! Login or Register to submit articles!

Are the prices of the house going get low

By Jack Grayn Subscribe to RSS | December 30th 2011 | Views:

It is being said that new age buyers are not able to get a start in the market of property that has resulted in a stoppage. Britain is a mini island where the population is constantly rising, the planning controls are strict and the tax system is such that is in the support of the property. Here the supply always lags far behind demand and thus it is very clear that it is quite good if you make investments in buying a house.

It would not be wrong to say that the houses here are overly priced and so they would see a fall in them. The tide is a little low at this point of time as several applications for newer mortgages are still running at a half rate that what they were in their levels before pre-recession. Right move did a survey in which they reported that today the first-time house buyers constitute only 20 percent of the whole market. The housing chain is still getting lubricated at present. Apart from this Home track’s report also says that the scene in the property market is quite gloomy and the priced would get low.

If one sees the trend it is a little strange. A few days ago a survey was done that showed in the second quarter that the growth in UK had swelled up by almost 1.2 percent, which is the highest in the past nine years. If one sees in a traditional manner, as far as relationship between prices of the houses and growth is seen it is symbiotic in nature. They are related to each other. Contrary to this, at the present scenario things are quite different as this relational has been broken and even the reason is still now clear as off now. In today’s time the market is favoring the old owners instead of the new ones that are trying to become buyers. The rates of the banks were cut to 0.5 percent from 5 percent. Bad credit score people also get cash at low rate of interest with 12 month bad credit loans @

Quantitative easing programmed has been launched by the Bank of England that has done an addition of £200bn to the supply of the money. Moreover the minister is also pressurizing the lenders that should get a little lenient on the arrears related to mortgage. In the previous half of the 90’s, there were a large number of repossessions in Britain and there was a fear that the same would happen in 2008-09 recession but it didn’t happen so.

Jack Grayn - About Author:
Jack Grayn is financial advisor and work with us. He provides best knowledge to get finance in trouble. He writes articles on 12 month bad credit loans. And he also provides his valuable views on 1 month loans bad credit and 3 month loans for bad credit. Get more info about it visit: -

Share on Facebook Tweet It Stumbleupon this post This post is delicious !

Article Source:

Related Finance Articles Subscribe to RSS

Apply and avail the cash required by you with easy online finance
Published by on March 9th 2012 | Finance
Online finance is the proper platform of getting funds when you are empty handed. So do not think mu...
Cash Loans No Credit Check Canada: Alleviation of finance crisis
Published by Lily Jacobs on March 12th 2012 | Finance
Cash loans no credit check Canada are an ideal option available to the salaried people of Canada to ...
Meet all small tasks with ease with short period online finance
Published by Sandra Jeux on March 1st 2012 | Finance
Now don’t bother about urgent cash you need at the time of emergency, apply online with easy short...
Personal finance can be fun - Saving money in this tight economy
Published by Sandra Parker on January 23rd 2012 | Finance
In a tight economy it can become hard for you to save money. But, in actuality if you give importanc...
Faulty finance intended to increase values of homes
Published by Sli Dell on March 10th 2012 | Finance
After an allegation of faulty loans on UK banks created a serious problem for them. Specific allegat...
Get easy finance for your new business venture
Published by on January 21st 2012 | Finance
Do you want to start your own business, which requires funds but don't have idea on how to arrange t...
Overcome finance related business issues with a reliable insolvency company
Published by Ashish Pandey on January 16th 2012 | Finance
Any business might go through different kinds of hurdles and when things get out of control it is go...
Quick Text Loans- astonishing opportunity to obtain finance quickly
Published by Calvien Peter on November 30th 2011 | Finance
Quick Text Loans are enormous funds that are availed to candidates on sending an easy text to your a...
Solve many of your problems in a while through quick finance
Published by John Harry on February 18th 2012 | Finance
Easy finances through financers help an individual to fight with the devils of unexpected expenses. ...
Debtor finance – general considerations
Published by Adair Sawyer on May 11th 2012 | Finance
Many companies find themselves in the impossibility of further developing their business because the...
Instant Cash Loans: Immediate finance program
Published by Declan Dylan on January 9th 2012 | Finance
Instant cash loans refer to a variety of immediate finance programs which the British people look fo...