The number of empty homes in the UK fell by a third

The number of empty homes in the UK – a measure of the demand on the real estate market has decreased since 2004, with a third 318642 to 203596 in 2015.

The number of newly constructed homes placed on the market increased by a quarter since last year is the best indicator for 28 years, but the supply of property in England are unable to meet the growing demand, the shortage of new homes in the UK still presses on the market and prices continue to rise. Now in Britain the lowest number of empty homes that talks about the improvement of the efficiency of the housing market.

The UK government has made great efforts to give a boost to the stagnant market of real estate of great Britain, it was especially hard to budge investors, investing in a home for the future and holding property as a frozen asset. It was necessary to make several amendments to existing tax legislation to the market was about 106000 units vacant housing. Among these measures are recommendations to municipalities to increase operating fees for owners of empty houses.

Now the government has allocated more than 20 billion pounds to further solve the problem of affordable housing. The government plans to significantly expand its program “help to buy” , thus making it available to 1.3 million people. Now more than 200,000 homes available to buyers through the program with 20% -s ‘ Deposit, which pays the UK government for those buying a first home.

® Alice Morgan. 30.04.2016 G.

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