Thursday, 5 December 2013

A Good Year for Architects Cheshire

News stories making the rounds of late have been indicative of a great surge in the national economy with it spiking by 0.8% for 2013; the highest for three years with all facts pointing towards greater development for housing, fantastic news for architects Cheshire.

In the economic crash of 2010, the property and architecture sector was the first casualty with figures dropping dramatically as the stock market adjusted poorly. As many would be unwilling to invest with such a fiscal imbalance, the property market slumped to a low. Now though (as is often the case), the sector looks like being the first to emerge from the other side of the difficulties scathed but improving.

This growth is partly down to the newly-released Help to Buy scheme which has come on leaps and bounds since it was first introduced in Britain. Though still in its infancy, Help to Buy has achieved its first goals already and that is to provide first time house owners with the financial backing where otherwise they would be on their own. Reduced rates and new homes being developed have seen an increase in interest which is only set to expand further into 2014.

Another intriguing ploy by the government to improve property demand has started to take shape with the idea of buying a house for just £1 garnering plenty of interest. Architects will be excited to start work on renovating some of the rundown houses which have been sold off on the cheap to reinvigorate demand.

Liverpool and Stoke-on-Trent were hit hard by the negative financial climate with many households being vacant for many years. Instead of simply letting them flounder further, scheme innovators have sold them off for as little as £1 with the impetus being on the buyers to renovate the properties themselves. With so much money freed up where it would have been initially spent on the bulk of the property purchase, owners can now invest money into companies such as architects Cheshire who will then be able to spend more handsomely to redesign the properties.

All signs point towards a year of property harmony for 2014 so it could be worth investing in one of these ideas while you still can.

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