Housebuilding planning permissions hit record low before election
Briefly

The number of housing projects granted planning permission in England dropped to a record low, reflecting a 8% decline, as developers hesitate due to costs and market uncertainty.
Neal Hudson emphasized, 'People aren't buying new homes because of high prices and high mortgage rates. Housing associations aren't paying for new affordable homes... As a result, housebuilders... are cutting back on plans.'
Read at www.bbc.com
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