The consistent increase in the prices for farmland near Slough is a sign of a huge demand for land in the UK. Today, an investor can even own land in the UK and particularly farmland near slough, while sitting right here in India.
With increasing population, the demand for residential units in the UK is also on upswing.
In 2004, Kate Barker, member of the Bank of Englands Monetary Policy Committee, accomplishes a study, wherein she found that after World War II, only 175,000 houses had been built in 2001. In 2002, only 37 per cent of new households in UK could afford to buy a house, compared to 46 per cent in the late 1980s. To reduce the rising prices of residential units to 1.8 per cent, it was estimated that an additional 70,000 private sector houses would be required per year, thus leading to an increase in the demand for land. At the same time, the UK Government is trying to ease pressure on the county councils by developing farmland near slough and other land around the big cities like London.
Another fact to be worth-noticing is that over the last 10 years, land values have gone up 370 per cent, and over five years by 226 per...
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