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Berkeley warns of London housing slowdown in call for ‘political leadership’ from Burnham
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NEWSDECK ANALYSIS
The UK government has set ambitious targets to increase the supply of new homes in London, but the capital's housing market has been subject to various challenges, including high construction costs and planning constraints. Berkeley, as a major housebuilder, has significant insight into the London housing market and its warning of a potential slowdown may indicate broader industry concerns. The company's call for stronger political leadership suggests that it believes more needs to be done to address the underlying issues hindering housebuilding in the capital.
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Berkeley warns of London housing slowdown in call for ‘political leadership’ from Burnham
Berkeley has called for “strong political leadership” on housebuilding from Westminster as it warned that London is on course to miss its housing targets. The capital’s biggest housebuilder issued a swathe of demands to policymakers, warning that there is “no prospect of material improvement” on housebuilding “without more decisive intervention” from government. The FTSE 250 [...]
24 Jun, 06:51
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