We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Global Financial Crisis: Impact on Property Markets in the UK - Dissertation Example

Comments (0) Cite this document
Summary
This study seeks to establish the impact of the global financial crisis on the UK property markets. A background on property companies in terms of their financial management aspects and strategies during the financial crisis will be undertaken while analysing their effectiveness and lessons learnt. …
Download full paper
GRAB THE BEST PAPER
The Global Financial Crisis: Impact on Property Markets in the UK
Read TextPreview

Extract of sample
The Global Financial Crisis: Impact on Property Markets in the UK

Download file to see previous pages... ............. 14 3.1 UK Property Markets before the Global Economic Crisis …………………… 14 3.2 Impact of the Global Economic Crisis on UK Property Markets: Credit Facilities…………………………………………………………………………… 16 3.3 Impact on Investor Confidence, Housing Wealth and Consumption ………… 17 3.4 Overall Impacts on the UK Property Markets ………………………………... 20 3.5 Conclusion and Implications of Literature Review ………………………….. 23 4.0 Analysis ……………………………………………………………………………..... 25 5.0 Conclusion ……………………………………………………………………………. 38 References ………………………………………………………………………………… 41 Appendices …………………………………………………………………………...…… 44 1.0 Introduction The recent global financial crisis had far reaching effects to all aspects of life- socio-political and economic. One of the most affected areas of the economy was the property markets. In the UK, the economic crisis and its accompanied heightened unemployment, job insecurity and tight lending criteria synergistically combined to undermine confidence in the properties market. The overall effect of this was a downward correction of unimaginable and un-forecast levels, with house prices falling from the observed pre-crisis growth to severe confidence-destroying contraction at the height of the crisis. This study seeks to establish the impact of the global financial crisis on the UK property markets. A background on (15) property companies in terms of their financial management aspects and strategies...
This dissertation overviews the UK property market that had experienced a period of immense growth just before the global economic crisis. Representative figures of the housing market within the last one and a half decades indicate that house prices had grown by more than 100% between December 1999 and December 2007. This growth is attributed to a number of factors; the low interest rates charged alongside the high employment levels in the UK combined with constraints in housing supply and large scale availability of credit. In a manner unobserved before, it was easier to own property in the UK, with non-stringent lending criteria and a wide range of mortgage products availing ownership opportunities to the wider population and thus creating a housing boom. In this situation, only slight dips were in the cards rather than the massive fall that created a property crisis in the UK. Initial subtle slumps in housing prices began to show in the early months of 2007, dismissed as seasonal only to significantly correct in the months of November. Housing prices contracted for consecutive months between late 2007 and 2008, ultimately surpassing levels from previous property crashes. Adair, Parsa and Grissom discuss the complex interaction between property markets and the economic crisis in terms of their contributions to each other. The authors argue that while the crisis incapacitated the housing market, the pre-existing giant overhangs of real estate loans that were largely under the control of the most affected UK banks imply that negative consequences on refinancing are likely to occur. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“The Global Financial Crisis: Impact on Property Markets in the UK Dissertation”, n.d.)
Retrieved de https://studentshare.org/macro-microeconomics/1391363-the-global-financial-crisis-impact-on-property
(The Global Financial Crisis: Impact on Property Markets in the UK Dissertation)
https://studentshare.org/macro-microeconomics/1391363-the-global-financial-crisis-impact-on-property.
“The Global Financial Crisis: Impact on Property Markets in the UK Dissertation”, n.d. https://studentshare.org/macro-microeconomics/1391363-the-global-financial-crisis-impact-on-property.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
The Impact of U.S Mortgages Crisis on the Saudi Financial Market
In 2008 the world faced a financial meltdown. Globally the world faced major financial crisis and recession. The economic recession was a result of the US mortgage crisis. The subprime crisis of US caused ripple effect across the globe as a result most of the countries felt a financial crunch.
47 Pages(11750 words)Dissertation
The Global Financial Crisis: Impact on Property Markets in the UK
......... 2 1.0 Introduction …........................................................................................................................ 7 1.1 Hypothesis ………………………………………………………………...…......…..
38 Pages(9500 words)Essay
The performance of the Uk retail sector during the global financial crisis
In specific, a huge number of financial markets are still coping with the effects of financial crisis. Particularly, governments have played a significant role in supporting its financial markets to survive in midst of such financial crisis. In the British economy, retail sector enjoys noteworthy importance due to its contribution in GDP of the country.
8 Pages(2000 words)Dissertation
Looking at the factors which cause significant movement in property prices within the UK and Europe'
The recent increases in property investments and sharp increases in residential value have started to cause interest with links between the housing/property markets against the typical business cycle. The key developments in financing a property have accelerated the market and prices that could be easily read as the downfall of the industry, which then leads on to a domino effect throughout the economy.
42 Pages(10500 words)Dissertation
Impact of the Financial Crisis on Barclays Bank : A Case Study
(2009). Barclays Bank PLC Annual Report 2008. [Online]. Available at: http://group.barclays.com/cs/Satellite?blobcol=urldata&blobheader=application%2Fpdf&blobheadername1=Content-Disposition&blobheadername2=MDT-Type&blobheadervalue1=inline%3B+filename%3D2008-Barclays-Bank-PLC-Annual-Report.pdf&blobheadervalue2=abinary%3B+charset%3DUTF-8&blobkey=id&blobtable=MungoBlobs&blobwhere=1231864052351&ssbinary=true.
20 Pages(5000 words)Dissertation
How Has The Global Financial Crisis Impacted Consumer Behaviour with Reference to The UK Car Industry
obal Financial Crisis on the Automobile Sector in the United Kingdom 22 2.3 The Future of the Automobile Sector in the United Kingdom 26 2.4 Summary of the Literature Review 28 CHAPTER 3: RESEARCH DESIGN AND METHODS 29 3.1 Introduction 29 3.2 Research Philosophy 29 3.3 Research Approach 31 3.3.1 Deductive approach 34 3.3.2 Inductive approach 35 3.4 Research Design and Research Plan 35 3.5 Data Collection Methods 36 3.5.1 Secondary Data Collection 37 3.6 Data analysis and presentation 37 3.7 Limitations of this research 38 3.7.1 Validity 38 3.7.2 Reliability 39 3.7.3 Capacity for Generalisation of Research and its Conclusions 39 3.8 Ethical Considerations 39 3.8.1 Ethical Issues of the Researc
32 Pages(8000 words)Dissertation
The impact of the economic crisis in the Saudi economy
The real estate crisis that started in the US turned in a global economic recession around all corners of the globe leading to a plunge towards global financial meltdown. The strong and emerging economies of the world were in turmoil of liquidity crisis. There were some economies which were, however, resilient to the shock of the global economic crisis.
40 Pages(10000 words)Dissertation
Would Islamic financial system be able to prevent the current global financial crisis Discuss
Would Islamic financial system be able to prevent the current global financial crisis? The global financial crisis of 2008 is largely attributed to the vulnerability to risk in the capitalist financial systems and an inherent lack of discipline in its investment and lending practices.1 Islamic banking and finance on the other hand, is described as more risk averse and highly disciplined in its investment and lending policies and practices.2 Studies comparing the performance of Islamic banks and conventional banks during the 2008 global financial crisis suggests that Islamic banks were more efficient,3 more profitable or more stable.4 Rawshan argues however, that Islamic banks were largely avo
49 Pages(12250 words)Dissertation
The Impact of Global Financial Crisis on the UK Consumer Buying Behaviour
Behaviour 19 2.5.Empirical Evidence of Changing Consumer Behaviour - Flatters & Willmott (2009) 26 2.6.Empirical Findings from Regional Surveys 27 2.7.Impact of Financial Crisis on Consumers Residing in the United Kingdom 29 2.8.Literature Gap 30 2.9.Chapter Summary 31 Chapter 3 - Research Methodology 32 3.1.Introduction 32 3.2.Research Method Used in the Study 32 3.3.Data Collection 35 3.3.1.Survey Design 35 3.3.2.Sampling of Survey Respondents 37 3.3.3.Interview Design 37 3.3.4.Sampling of Interviewees 38 3.4.Data Analysis 38 3.5.Ethical Considerations 39 3.6.Limitations of the Study 39 3.7.Chapter Summary 40 Chapter 4: Data Collection and Findings 41 4.1.Introduction 41 4.2.Findings from
56 Pages(14000 words)Dissertation
Strategic Financial Management for Global Markets
Strategic analysis in the global structure of finance and management incorporates competition in several industries across national boundaries. Strategic issues in the business domain of financial management are regarded as highly significant in respect to development and growth of firms across the globe.
26 Pages(6500 words)Dissertation
Let us find you another Dissertation on topic The Global Financial Crisis: Impact on Property Markets in the UK for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us