U.K. Housing Prices Rise by Double-Digits

U.K. Housing Prices Rise by Double-Digits

Assessment

Interactive Video

Business

University

Hard

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The video discusses the UK housing market, highlighting government support schemes like the Stamp Duty Relief and Help to Buy, which have fueled demand. The pandemic has shifted housing preferences towards homes that accommodate remote work. Low mortgage rates further boost demand, but supply chain issues, including high lumber prices and Brexit, challenge builders.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 'Help to Buy' scheme and how does it affect homebuyers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are home builders facing in the UK currently?

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