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The surge in the residential property market in Britain: a coincidence? Against the backdrop of the government support the housing market in Britain recently picked up noticeably. The demand for residential property in the country shows the maximum value over the past 5 years. High demand in turn affects the price. According to the analysis of the Royal Institute of Chartered Surveyors index of home prices rose to 20 points, which was the maximum of January 2010. Thus, this shows the clear trend towards higher prices on the residential property market in Britain. According to experts, this trend indicates a high degree of effectiveness of measures taken by the British government and the Bank of England. Among the most effective measures the experts call the improvement of a loan scheme: according to the innovations the banks were able to optimize their costs of raising funds for mortgage lending. An additional promotion for buyers of real estate has been the initiative of government support. Market participants in the face of Realtors are very optimistic about further developments. According to experts the UK property market as of September 2013 sales by residential real estate will add 35-40%. However, measures to boost operations in the residential real estate market is not the only factor affecting the mood of buyers. The protracted crisis clearly indicates the need to preserve capital in the most advantageous positions. Since the past few months reveal more and more disappointing for the prices of gold and other metals, the belief in the desirability of holding the long positions in gold have eased. Burst of activity in the property market is not considered as results of stimulation of the British bank, but rather a growing lack of confidence in the future and distrust of the funds. www.spirit-of-home.com Recognize your chance!
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