6 Housebuilders Set to Recover
LONDON -- The Council of Mortgage Lenders recently announced that gross mortgage lending in the U.K. is up 13% from last year and 24% from a month ago. This, combined with the government's new Funding for Lending scheme in which the Bank of England could provide as much as 80 billion pounds to banks for lending to businesses and households, is a welcome boost to the U.K. economy. So what does this mean for private investors?
In today's video, David Kuo discusses investing in a housing market recovery and reveals six housebuilders trading below their book value.
Are you looking to profit from this uncertain economy? "10 Steps to Making a Million in the Market" is the very latest Motley Fool guide to help Britain invest. Better. We urge you to read the report today -- it's free.
Further investment opportunities:
The article 6 Housebuilders Set to Recover originally appeared on Fool.com.
Copyright © 1995 - 2012 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
