By David Parsley2023-02-09T09:27:00
Another two housebuilding giants reported on the impact of the economic downturn on Thursday, as both Bellway and Redrow on flagged persistent market challenges despite a slight pickup in activity in recent weeks.
Both groups cited the surge in loan costs and broader inflationary pressures as the main cause of buyers being driven away from the market.
You must be logged in to continue
Try Property Week For Free to finish this article.
Sign up now for the following benefits:
To access this article TRY FOR FREE NOW
Don’t want full access? REGISTER NOW to read this article and up to 3 more this month and subscribe to our newsletters.