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04/09/2024
Many new developments were mothballed as developer margins were cut to the bone but with interest rates starting to fall, material and labour costs stabilising and a government committed to building homes these could be back on the market very soon.
https://www.insidermedia.com/news/national/uk-developers-see-hope-as-rates-drop-and-costs-stabilise
For a range of BMV and HMO properties to fill the gap please feel free to visit the small portfolio section on our website.
High interest rates have made life difficult for developers, but there's a growing sense that things are getting better.