Will Nimbys Thwart the UK Housing Market?

The UK is very eager to start a massive home building program and one aspect to this becoming a reality is house building companies being able to gain planning permission to start building on large sways of green belt.

However there are a growing number of Nimbys as they are know, those being “not in my back yard” house owners who are determined to object to any planning application made nearby to where they live, and many house builders are worrying this is going to hinder their ability get the required planning approval for new house building schemes in various parts of the country.

In the next few years the UK need on average 220,000 new homes to cope with demand, however whilst getting planning permission for brown field sites is easy enough, convincing council planning departments to open up greenbelt land is proving difficult.

However, as a Binary options trade you should be looking around for some of the larger house builders who have been granted permission to build on greenbelt land as some of those developments are for hundreds or even thousands of new homes and once planning permission is granted and building starts in earnest the share values of those companies are bound to increase.

However, do also consider placing some well throughout Binary Options trades on companies that are supplying house builders with the raw materials needed to build those new homes, and those companies are bound to see increases in both their turnover and their bottom line profits which in turn will see their share values increasing.

If you are interested in placing any type of Binary Options trades on any company involved in the house building market sector then make sure you take a look over our featured Brokers, as not only are there going to be lots of trading opportunities available, you will also be able to make use of some large sign up trader bonuses as a new trader at those sites.

Past experience has proven that house building in usually one of the first market sectors to feel the pinch when there is a downturn in any countries economy, however things are certainly looking good in the UK, more so due to the fact that so many new homes are required, and sooner or later those new homes will be granted planning permission and will be built.