Page 2 - Anthony Codling News Today

New figures show that housebuilders and developers are significantly cutting back on new-build projects.

Firms offering mortgage help, cash to buy Tesla to boost sales

A new report argues housebuilders should spend less on shareholder dividends and more on building new homes - but the industry says other factors are holding it back.

As well as parents, the figure also includes money from grandparents and even siblings - who now account for 11% of money gifted.

The popular view is that the rapid rise in mortgage rates over the past year will spell serious trouble for the property market. However, one housing expert disagrees.

Even high earners being hit by harsh bank affordability tests in wake of crisis caused by mini-budget

Construction firm forecasts bumper 2023 as housing boom defies rising interest rates and cost of living crisis

Data due this week will be closely scrutinised to discern whether the market’s remarkable resilience is faltering

TodayHeadline Covid couldn’t cool house prices, but the economic chill might | Housing market –

House prices face their biggest threat since 1989, with falls of 10pc forecast