According to reports there has been 19 percent decline in new homes being built compared to this time last year. With further report of a 5 percent decline in new orders for constructions, it seem the shortage could cause prices to rise due to lack of properties available to meet demands.
James Thomas, Head of Residential Development and Investment at Jones Lang LaSalle, commented: “Whilst there is evidence to suggest the UK economy is in recovery mode there remain question marks about the depth and sustainability as well as how the public finances can be repaired, quite possibly under a new government.
“The recent pick up [...]
You can have many things thrown at you during your life time, some good, some bad. I like to look forward to the good and prepare the best i can for the bad. I am fast approaching mid-thirties with a wife and a newly born son helping me there. I have noticed that life moves [...]
Google is in talks with British estate agents to launch an online property portal, which experts say could pose a serious threat to existing property websites and local newspapers.
The giant US internet search company launched a property portal in Australia last August through which estate agents list properties for free, showing both pictures taken from [...]
With many redundancies still being made and a fair few businesses still going bankrupt, it seem like the market will take a long time to recover.