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The real estate market in the United Kingdom is the largest or second-largest in Europe (after Germany) depending on the method of measurement. [1][2] The commercial real estate market in the UK has a market size of around 250billion euros. [1] Domestic real estate represented the largest non-financial asset in the UK, with a net worth of £5 ...
Housing in the United Kingdom represents the largest non-financial asset class in the UK; its overall net value passed the £5 trillion mark in 2014. [1] Housing includes modern and traditional styles. About 30% of homes are owned outright by their occupants, and a further 40% are owner-occupied on a mortgage.
A row of typical British terraced houses in Manchester. Terraced houses have been popular in the United Kingdom, particularly England and Wales, since the 17th century. They were originally built as desirable properties, such as the townhouses for the nobility around Regent's Park in central London, and the Georgian architecture that defines the World Heritage Site of Bath.
The term 'property chain' is common in real estate, especially in the UK.The chain is the line of people buying and selling. For example, there might be a first-time buyer trying to purchase a small flat, another person waiting to move from the flat to a small house, another person waiting to move from the small house to a larger house, and so on.
Council house. A council house, corporation house or council flat is a form of British public housing built by local authorities. A council estate is a building complex containing a number of council houses and other amenities like schools and shops. Construction took place mainly from 1919 to 1980s, as a result of the Housing Act 1919.
Real estate is property consisting of land and the buildings on it, along with its natural resources such as growing crops (e.g. timber), minerals or water, and wild animals; immovable property of this nature; an interest vested in this (also) an item of real property, (more generally) buildings or housing in general. [1][2] In terms of law ...
A modern housing estate in Gdańsk, Poland. A housing estate (or sometimes housing complex, housing development, subdivision or community) is a group of homes and other buildings built together as a single development. The exact form may vary from country to country. Popular throughout the United States [citation needed] and the United Kingdom ...
Span Developments Limited was a British property development company formed in the late 1950s by Geoffrey Townsend working in long and close partnership with Eric Lyons as consultant architect. During its most successful period in the 1960s, Span built over 2,000 homes in London, Surrey, Kent and East Sussex – mainly two- and three-bedroom ...