Housebuilder insolvencies hit four-year high

empty construction site shutterstock

Source: Shutterstock / SUPEE PURATO

SME builders struggle with Brexit uncertainty, says accountancy firm Price Bailey

Brexit uncertainty and a weak market in London and the South-east have conspired to put housebuilder insolvencies at a four-year high, according to data obtained by accountancy firm Price Bailey.

It said Insolvency Service figures showed 343 housebuilders went bust in the year to September 2019, up by 26% on the figure last year.

Login or Register for free to continue reading Housing Today

To continue enjoying housingtoday.co.uk, REGISTER FOR FREE

Already registered? Login here

Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Sign up below to receive:

  • Breaking industry news as it happens
  • Gain access to Housing Today’s Specialist CPD modules
  • Expert News and analysis

It takes less than one minute….

Join the Housing Today community - REGISTER TODAY

… or subscribe for full access - Subscribe now