Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
Grosvenor lays out its own commitments to engagement as its research reveals huge lack of faith in firms behind large-scale schemes
Public trust in private developers working on large schemes in the UK is rock bottom, according to a new survey.
Only 2% of the UK public trust developers and fewer than one in 10 have faith in local authorities when planning large developments, according to research from London-based property giant Grosvenor Britain & Ireland.
Its poll found that the perception among ordinary people was that private developers “only care about making money”, with three quarters of respondents citing this as a reason for their distrust.
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