Index Royal Valuers RICS predicts a shortage of affordable housing in the UK

The price index for UK property index ( Indexes of property prices in the UK) released data for April 2015. According to the Royal institution of Chartered surveyors, the political uncertainty that took place before the election, led to the decline in construction of new housing in the UK, and as a result, price growth for residential property throughout the UK. Three consecutive months of a decline in revenue of new properties on the market, which happened for the first time since 2009. The study noted that the increase in prices recorded in all regions of the UK. For the next 12 months 72% of Evaluators also expect a slight increase in prices throughout the United Kingdom.

In the sector of rental residential property England is also not expected signs of reduced demand from tenants and thus will lead to an increase in rental prices.

We can assume that the victory of the conservatives in the elections will encourage builders to boost construction, but it is doubtful that this will be sufficient for the market.

The new UK government expects that, inspired by market optimism will flood the secondary housing and it will become an additional stimulus for the market and will prevent strong price growth.

Availability and affordability of residential property in the UK today – the issue of national security, which should become a priority for the new government. The last time a task of a similar scale was decided in 1963, also conservatives, led by Harold Machimana, when it was built and commissioned 300 thousand new apartments and houses in England and Wales

Now, again, coordination is needed in all areas of residential construction to provide the nation with housing. To date, measures proposed by the conservatives, clearly not enough to supply the market with 1 million units of residential property, which, according to the assertions of the conservatives, will be built by 2020.

® Helen Entree. G. 19.05.2015

 More than 325 % over two years has earned our clients

In the UK, reduced Stamp duty

Index index

 Immigration to the UK

Entrepreneur visa. Tier 1(Entrepreneur)

Index Rightmove

Why buyers from Russia should not fear sanctions