London has been hit particularly hard, with the capital seeing just 1,192 residential approvals in Q2, the lowest figure since 2010.
Related topic: Property
The loan will be used to fund the development of two luxury detached six-bedroom houses.
Conversely, super prime demand has actually seen demand increase.
The time to sell in 2024 has been slower than the long run average at 67 days so far this year.
Letting agents are receiving an average of 54 enquiries per available property, compared to an average of 19 enquiries across Great Britain.
The government's new call for evidence will look at how to accelerate building in urban areas.
Awaab’s Law legislation for the social rented sector will be brought forward this autumn, and protections will be extended to the private rented sector through the Renters Rights...
Rates have reduced by up to 0.15%.
The Government aims to boost minimum energy efficiency standards for rental properties, bringing all homes up to a decent standard by 2030.
Reeves said the party will support “builders frustrated by a system that hands power to the blockers”.
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