New-Build Completions Hampered By Rising Costs
Limited supply is prompting more buyers to consider new-builds but the sector is also suffering from a stock shortage, Savills warns.
The fairer private rented sector white paper published last week (16 June 2022) will ensure millions of families benefit from living in decent, well looked-after homes as part of the biggest shake up of the private rented sector in 30 years.
Britain is ALREADY in recession and interest rates will rise AGAIN next month after today's hike to 1.25%, warn experts as Bank of England says inflation will top 11 % and cuts growth forecast
Annual price growth slows down but remains in double digits
The latest new-build sector insight by the new-build sales optimisation platform, Unlatch, has revealed that the Government has continued with its woeful efforts where new-build delivery is concerned, missing its latest target in 2021 by -39% – a shortfall of almost 120,000 homes.
May saw a slight slowing in the rate of annual house price growth to 11.2%, from 12.1% in April.
Inflation and high interest rates hit renters and landlords – but investors can mitigate impact.
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