Last week the government released house building statistics for 2015
Since 2010 the number of new housing that started construction has increased year on year. View our case studies.
In 2015, 145,000 new houses began construction, but what does that really mean for developers and the current housing market?
While the figure may seem large, it is still 20,000 houses behind construction figures before the Financial Crisis.
High demand for finance on property projects
The fact that current construction rates are still 25% lower than the 200,000 targets set by parliament, means that the gulf between supply and demand will only continue to grow.
While Brexit and Stamp duty continues to affect the market, demand fails to dwindle. View more information.
Where there is low supply, but continued demand, prices will continue to rise to provide excellent opportunities for property developers.
Are you interested in joining the property development ladder? Apply today for a loan.