Welcome!
The London Eye shares the Thames skyline with The Houses of Parliament and
embodies the successful fusion of old and new which characterizes Great Britain
today. England, Scotland and Wales - the very names conjure up images of tradition,
stability, maturity and old-fashioned values. The country's current success
story is an object lesson in how to apply all those positive characteristics
to create a modern country well prepared for the new millennium. Socially it
has successfully integrated its diverse ethnic communities, it has migrated
its economy from smokestack industries to a modern, innovative, design, technology
and service-led infrastructure; politically it has been able to devolve regional
government to its three countries whilst retaining the collective influence
of a leading economic and political power. Great Britain occupies a unique position
as the bridge between America and Europe, continues to attract inward investment
as an ideal business operating environment and welcomes countless visitors as
a world-class tourist centre.
Real Estate in Great Britain
'An Englishman's home is his castle'. Repeat for Scotsman and Welshman. The
tradition of home ownership in Great Britain is both deep and wide. The residential
property market there has been flourishing for 5 years after a long period of
property recession. Economic conditions and indicators are positive, disposable
incomes rise while inflation, unemployment and interest rate levels are at their
lowest for a generation. In the year 2000, there were close to 1.5 million house
sales, about 85% of which were transacted through estate agents. Property prices
are still rising although not at the rapid rates at the turn of the millennium.
Confidence in bricks and mortar remains high for both home dwellers and property
investors, the latter comprising a new generation of baby-boomers with inherited
wealth as well as the steady and continuing influx of overseas buyers.
