UK Property Market Suffers While Standen Weathers the Storm

It became apparent about three years ago that there was a malevolent financial beast rearing its ugly head, starting with the subprime mortgage fiasco across the pond. It went on to decimate world housing and job markets, indiscriminately destroy businesses both large and small and tear a chunk out of great swathes of industry.

Now, in August 2010, the world is beginning to take tentative steps back out into the light of positive equity once again. Britain, as the inexorable machine of our nation’s media informs us every day, is in a dire mess and will be for the foreseeable future. Furthermore, we've all watched in terrible fascination as the soft underbelly of the European economic bloc has been exposed and its vulnerability has become plain for all to see. It is little surprise, then, when the Royal Institute of Chartered Surveyors (RICS) reports that:

“Property markets in the more dynamic economies of South America, Asia and Eastern Europe are outperforming those in the UK and Eurozone”

According to the RICS’s 2010 Global Property Survey for Q2, Eurozone countries including the UK, Germany, Greece and Spain are struggling while so-called emerging economies such as Brazil, Argentina, Peru and India are experiencing greatly increased occupier demand.

Well, while the British and wider European economies struggle to get back on their feet and the ‘super-populated’ countries of the developing world use their most valuable resource to good effect, Standen Homes, new property developers in the East Midlands, will quietly do their homework and take small but positive steps to ensure they weather the remaining storm. Oh, and they will of course continue to build fantastic quality new houses in Nottingham and new build homes in Derbyshire to ensure the comfort, closeness and mutual support of communities in the East Midlands and beyond, well into the future.