Company experts Assetz believe that, introduced in July 2012, the Bank of England funding scheme Funding for Lending Scheme, designed to improve lending to households and businesses can help the growth of real estate prices in 2013 by 5%, according to the portal Property Wire. This scheme could affect on mortgages, which in turn will help attract more first-time buyers and will enhance the growth of the real estate sector as a whole. Assetz Analysts also expect that interest from foreign buyers, which has helped the growth of prices in London, and will remain stable in 2013, but will spread outside the capital. Also, in their view, rising rents in the next year could reach 4% at the national level, whereas in the past year it was equal to about 3%. Assetz House Price Watch Index shows that the highest growth in property prices was recorded in London and elite suburban areas in the South-East, while in many parts of the country there have been no price increases or even price dropped them. HomesOverseas.ru
