Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Inflation and planning delays making new schemes difficult for 22,000-home Housing 21
Housing 21 has reported a hit to its number of schemes started due to inflation and planning delays.
The extra care specialist, in an unaudited trading update for the six months to 30 September, said while its completions are “largely in line with expectations” its starts have dropped.
It said: “There have been fewer starts on sites due to delays in planning and high inflation in construction prices is making the financial viability of schemes coming forward challenging.”
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