Friday at noon Catherine Middleton emerged from Westminster Abbey on the arm of Prince William and with the ending of the much anticipated Royal Wedding came a new sense of optimism not only for the UK but the world over. While that optimism will impact the entire world, it will do the most for the UK. It is expected that the added interest in the Royal Family and the exposure of Britain to the World will boost tourism, sales, and even the housing market among many other markets. The new interest in romance and weddings will bring forth a new round of families looking to make homes and that will boost a demand in homes or rental properties.

As people have had their focus adjusted from economic pressures to romance and love, there will likely be a long lasting optimism as the Royal Couple are followed for the first year of their marriage that will extend past the optimism resulting from the Wedding. Engagements and weddings will increase and new families will be formed. With these new families will come an increase in demand for starter homes that will push homeowners on the property ladder upward to seek out new upgrades in property. There will also be an increase in rental property for those unable to buy or choosing to rent as a lifestyle in their beginning years. The Royal Couple will be credited with giving a boost to house sales, mortgage lending, and the buy to let market.

They will also get some blame as well. Economists have already mentioned that there will likely be a decline in the house sales, remortgaging, and new purchase mortgage lending for April. The data therefore from April will not truly reflect the health of these markets. The Wedding resulted in the UK getting a Bank Holiday on Friday that is followed by another on Monday. This long weekend comes on the heels of another one from the week before. Holidays and celebrations have likely caused a distraction from thoughts of remortgaging and home purchases leading to distorted financial figures in April.