Evaluating internal and external business environment

Contemporary Business Environment Student ID S205402 Name Daniel-Mihail Barbascu

Evaluating internal and
external business environment

TABLE OF CONTENT
INTRODUCTION...........................................................................................................................2
TASK 1............................................................................................................................................3
Average house price changes in UK changed within period of 2009-2019.................................3
TASK 2............................................................................................................................................5
TASK 3............................................................................................................................................7
Government action over the period 2009-2019 impacted the housing market............................7
TASK 4............................................................................................................................................8
Impact of COVID-19 on UK housing market..............................................................................8
CONCLUSION..............................................................................................................................10
REFTRENCES..............................................................................................................................11

INTRODUCTION
Internal and external business environment can be understood as the wide paradigms
which impact upon higher end working goals through which strong effective working parameters
can be framed and which further bring on keen synergy of effective innovation among all levels.
Report explains how average house prices in UK are changed over the time period of 2009-2019
and the vivid economic determinants of changes within UK economy through which wider
segmented arenas have lead for a hike in process within housing department. Report also
explains government actions over the wide period of 2009-2019 has impacted UK housing
market and people purchasing decisions for effectively providing well class services and in depth
analysis of economic parameters. Report further discusses how COVID-19 has impacted on UK
housing market vividly and how widely people face massive difficulty for purchasing real estate
properties. The current rea estate and housing sector companies have been significantly hit due to
pandemic ,lockdown at UK where the commercial as well as personal housing sector companies
have been facing huge losses and data for how employability which has been hardly hit has
developed among as one the major parameter for decline within housing sector business avenues
(Forde, Hopfe, and Evins, 2020).
TASK 1
Average house price changes in UK changed within period of 2009-2019
The house price changes in UK have widely changed within period of 2009-2019 where
it can be seen that prices have been rapidly increasing of all housing properties where years of
2008 and 2009 have been facing repercussions of inflation where there was continuous downfall
in investment by people. House price changes within real sector can be analyzed with set of wide
reasons where there has been found reasons which attracts people investment opportunities
through which UK housing is facing high boom.
 Demographics: It can be understood that demographic level of UK has been rapidly
increasing where there are wide parameters of composition related to age, gender, income
rise and migration patterns within population which is continuously increasing onto wide
surfaces. The demographic changes within nation have wide impact on real estate trends
as it enables us to analyze that how rising factors of demands are becoming an important
paradigm for increase in average house prices. Demographics further also include the fact

that due to stable economy levels in UK in the last decade it has seen high boom among
people migration levels through which there is also high demand of houses and
accommodation factors. Demographics data of recent growth brought up among UK
country where various parts of counties people migrate in to enjoy wide working
opportunities with best technology standards. The migration factors and rapid
advancement among people functional standards has also been recognized as one of the
major reason for increase in house prices (Wijburg, 2020).
 Economic policies: The health of real estate is highly correlated with overall health of
UK within the economy where employment rates, consumer price affordability are highly
connected with the way overall price levels are developed among people. The UK
economy has been staying on with high stability after year of 2010 where low rates of
investment is widely increasing onto continuous levels which has given boom to overall
functional level of efficiency. UK homes department is becoming one of the most rapidly
building space where economic parameters have lead to an high increase among price
levels of all housing department sector within UK. The government economies policies
are also highly lucrative for people easy purchasing potentialities through which people
within UK have been rapidly purchasing new houses and lands. UK economic policies
are also very lucrative and strongly focused to bring on new investment levels decisions
with flexible attractive interest rates through which injection of growth is brought up
among economy levels (Van Oorschot, Halman, and Hofman, 2020).
 Real estate investment: With the stable economy level of UK and rapid increase of
strong employment rates have given wide fundamental power for people within consumer
market share having precise increase among people interest to invest in real estate and
housing sectors. Real estate has been recognized as one of the best investment
opportunity for people where there is vast return opportunity for people to get wide
profitability outputs. The real estate sector has been rapidly increasing where people have
been finding the opportunity for investing in real estate as a lucrative fundamental
opportunity for gaining on new levels of effective well classed living standards. Real
estate investment is considered the backbone of strong economy where there are various
potential fundamentals through which wider effective synergy can be formulated among
people. The housing prices have been showing increase within UK where it can be seen

that people have been rapidly investing their money into housing sectors through which
continuous growth is experienced with wide functional efficiency (Aguda and Ebohon,
2020).
TASK 2
Economic determinants of the wide change
There are various economic determinants which have led to wide change and strong
fundamental progression for the high increase among price levels of house affordability which
further works as wide paradigm through which housing sector has experienced massive shift
among its price levels. UK economy has been going under transformative journey where it is
facing wide profits and also stronger investment by people within real estate where are wide
lucrative opportunities for people to invest further and get higher returns. The economy
determinants have wide long term impact on stability and growth of real estate company
operations and also there has been wide rational fundamental metrics to enable in analyzing how
UK economy with its strong stability metrics work effective programming avenues pertaining
onto consumer availability price index.
 Income ratio and affordability rate: The UK economy has been building higher stability
among its fundamental scope after the year of 2008, where inflation started reducing
impacting growth in investment and rise in business level decisions. Consumers and
general public have high stability in their income ration which has given boom to
affordability rates among people where confidence of growth and qualitative outputs are
positively increasing with wider technical efficiency. The income ratio has been gaining
higher stability rates among consumers from year 2008 with high boom in business
opportunities and employment rates which further lead to wide investments coming up
among real estate properties (Harding, Hean and Hemingway,2020). The higher effective
liquidity among market where lower transactions costs and lower capital requirements,
the average investors prefer to invest in indirectly in real estate and get higher future
outputs. Income ratio and affordability among consumers from year 2008 which analyses
how people have wide fundamental opportunities for greater living standards and
investments among real estate properties and housing sector companies. The year
progressively shows high rise among commercial –projects in buildings, lands where

economy of UK provides wide strong facilities and rather new parameters of growth
which further enhances consumer viable metrics for affordability enhancement.
 Mortgage payments affordability: Mortgage payments and affordability are highly
interrelated with each other where the economic parameters enable us to analyze at what
price and interest rates the real estate properties are available for people for investment
and further business building potentialities. UK housing sector department within
mortgage affordability factors provides wide options and consumer viable metrics where
it can be seen that people have high attractive purchasing opportunities for commercial
projects or various housing rental availability. UK housing department sectors provides
various mortgage options for people where they can easily repay with specified time
period and strong functional parameters with the wide stable economic situation where it
also enables people to look upon more attractive working efficiency which has been
found to be one of the most important lucrative factor for gaining new investment
opportunities (Preece, Crawford and Robinson,2020). Mortgage facilities are also an
important determinant through which consumers feel ease of appliance for the various
commercial or personal real estate projects where UK economy presents vas autonomy
and stability among its providence of real estate services.
 Affordability of housing: The affordability factor of housing department sector within
UK economy enables us to analyze that the current economic factors among people
having wide finance availability with high employment rates, major functional efficiency
has been the foremost economic determinants to highlight strong real estate scenario.
Consumers have been finding it easy and highly attractive opportunity for investing in
real estate due to stable inflation rate which further enables to enable bring on new
paradigm through which best interest rates also worked on. UK housing department is
also actively working on with stability in house affordability price index from the year
2008, from which there has been rapid rise among people buying demands as consumers
employability rates have also been rapidly increasing. Housing departments are working
onto new levels of functional efficiency where economy of UK has been working with
long term stability metrics through which consumers have been benefiting vividly from
various metrics on the various parameters (Fuerst, Haddad and Adan, 2020).

 Interest rates: The UK economy provides strong stability factors within interest rates
which has major impact on the real estate markets where country housing sector provides
strong effective demands and purchasing power for people to be effectively working on
how lands or houses within the housing sector can be built on. It enables us to analyze
further that lower the interest rates go, lower is the cost to obtain mortgage for purchasing
home or commercial property which creates higher demand for real estate building which
again keeps the price on continuous increase. Interest rates as built by UK government
are stable and strong which enables to give people higher return from their investment
into real estate properties. This further examines the fact the economy determinants of
UK economy are strong which enabled to build continuous growth opportunities within
employment levels and among people who look further for bringing on investment
fundamentals with continuous opportunities for building strong real estate sector and
housing departments. Further it concludes that when economy is sluggish, the real estate
properties are declining and the cyclicality of economy functioning can have varying
effects on various parameters of real estate (Bailey,2020). The economic paradigms are
highly correlated with interest rates which hold the power to leverage wider segments of
audience and commercial clients from global paradigms where it can be seen that UK
also possess strong viable metrics to invite investors from various cycles of life.
TASK 3
Government action over the period 2009-2019 impacted the housing market
Government action over the period of 2009-2019 has been rapidly improving and worked
on with strong advancement to improvise wide opportunities within housing market, real estate
sector which is one of the most important paradigm through which UK is known globally to
function with strong keen synergy of advanced practices. The real estate sector and housing
sector is one of the most profound developing paradigms where UK government focuses to keep
viable metrics and rational best interest rates through which best working segments are focused.
 UK Government provides wide mortgage rates within real estate sector companies where
people can easily get avail their house properties for personal or commercial usage which
further adds on the strength parameters of fueling growth among investment
opportunities. The facilities provided within houses and real estate projects are also

essentially lucrative for people to pool in new resources which further enables in serving
vast metrics of flexible investments. The single department plan (2019) is focused to
bring on evocative strategies for achieving an overall increase among housing supply
which will deliver 300,000 net additional homes a year on average with wide
accommodational facilities. Goal is to improve productivity and strong completion in real
estate housing market with innovation and efficient methods of construction in
commercial or personal projects. Single department plan supports local authorities and
various housing companies to increase rapidly the supply of affordable facilities of home
including viably the affordable homes programs where focus is to increase home
ownership and supply through help of equity loan scheme (Luque and Starsberg, 2020).
 Social housing strategies developed by government of UK are also one of the most
known housing initiatives taken by the government and country housing authorities
where people find it highly lucrative investment opportunities and social living facilities.
The UK government is enforced with advanced working standards within the context of
housing market where focus is to provide affordable housing facilities for people from all
strata of life. UK economic paradigms within housing department are focused to bring on
reasonable priced homes and properties where they can benefit good higher return from
their investment levels. Social housing strategies have also enabled less income
possessing people to have better living standards with well classed amenities, where they
can not only get them at strong purchase rates with good rate of interest but future
working scenario are also lucrative ( Cheshire and Hilber, 2020). Government policies
within social housing strategies are focused to be one of the most advanced and
informative paradigm where people can gain easy access at cost effective price levels.
Focus by UK housing sectors is also to encourage best practices in quality, design
infrastructure with best facilities and wide potential resources which built new level
synergy of innovation further within housing department. Social housing sector policies
are directly linked to bring on new rational goals for developing new levels of best retail
services pertaining onto best innovation paradigms.

TASK 4
Impact of COVID-19 on UK housing market
COVID-19 impact on housing market in UK Housing market can be understood with the
high decline in people coming up for investments into real estate sectors where various data
shows that consumer viable affordability has widely reduced rapidly. UK housing market is
going in large deficit due to pandemic of CIOVID-19 which has changed the overall efficiency
scenario and people find it hard to invest in new houses or rental land, apartments (Cheshir and
Hilber,2020).
 COVID-19 has lowered the consumer strength for investing in real estate properties and
housing sector where due to continuous lockdown in UK people have been losing their
employment opportunities. Where it has been found that there is large unavailability in
general consumer goods due to ineffective market viability and less technical operations
in business avenues. UK economy has been facing continuous decline within housing
market where people are not anymore financially viable to invest their money in housing
sectors. With coronavirus pandemic creating high havoc among business scenario within
UK where there are wide number of cases operated of positive cases due to which there
has been continuous lockdown within cities.
 COVID-19 has effectively reduced people employment levels and their income
opportunities where it has highly impacting in strong decline in interest rates of economy
and also there are various parameters which shows that people are not purchasing new
properties or houses. Due to high rise in interest rates and slow scope in economy to
bring up the wider effective parameters of growth among employment rates consumers
and general people of UK are not finding the opportunity to invest money for new houses
or properties. Inflation has been rapidly increasing within current years in UK economy
where Brexit government policies have been also making it hard for people to purchase
new property lands currently due to unstable economic parameters (Raynor and
Whitzman, 2020).
 COVID-19 has rapidly slowed the market investment opportunities for people where the
technical progression has been widely slowed and people have been facing huge losses
within current business scenario. Continuous lockdown in country and less scope in

businesses to work onto new yielding opportunities where there are various consumers
and people who are losing on their jobs and working fundamental opportunities which
has lowered the residential prices vastly. Also there has been wide decline in opening up
of real estate companies where properties and land market, consumer strength has been
declining on continuous basis through which retail estate market is rapidly shrinking
among all operations.
 COVID- 19 has slowed the growth metrics of consumers viable finance availability
which has lowered the productive growth and operations of government loans facility
where there is also high recorded decline in interest rates. The factors of COVID -19
pandemic slowdown in growth of business opportunities where it is also found out that
people have been losing out their jobs where housing departments companies are facing
wide losses also with no commercial projects under process (Adams, 2020).The
lockdown has been profoundly impacting employment opportunities among people where
there are continuous job cuts and also rise in tax rates through which new end targets in
economy is losing its benchmarks.
 COVID -19 has been rapidly impacting consumer viable position and networking
strength among business operations for investing their money into real estate or house
department sector which being the base of economy is losing its structural operational
efficiency. Commercial projects are practically being closed due to lockdown within
country where it can be seen significant decline in profitability market paradigms in the
real estate industry which has slowed consumer viable affordability factors for
purchasing any new lands or houses within commercial property houses where it holds
various positions pertaining onto liquidity factors.
CONCLUSION
The report can be concluded with explanation of how vivid factors within the housing
sector of UK has been rapidly moving ahead with development of new policies and innovative
business supply demands where further average house prices increase from year of 2008 has
been highlighted. Further there is also conclusion of various economic determinants such as

interest rates, economy level and consumer affordability factors which drive in new levels of
investment opportunities for people within real estate sector companies. Report also concludes
various government initiates to provide affordable price homes and bring on new levels of
innovation living facilities which will further give hike to price factors with new levels of growth
metrics. Report also concludes impact of COVID -19 within housing sector department where
there is wide decline among housing strategies and commercial projects investment demands
where the decline has led to wide imbalance among business functionality and within future
working scenario at how new innovation can be further programmed on. Report concludes how
loss of employment and less disposable income has slowed the growth of investments coming
among within housing sectors in UK (Friedman and Rosen, 2020).
REFTRENCES
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