Ahead of The Chancellor's Spring Statement on Wednesday, Bull and Bear meet up to discuss the state of the UK house-building sector.
Although the UK housing market has seen a robust start to 2025 (and is particularly busy at present as buyers rush to complete deals before a stamp duty saving runs out at the end of the month), the indicators of housebuilding are rather worrying.
Residential house building decreased for a fifth month in a row in February, despite the Government reiterating that it will meet its house-building target of 1.5 million new homes in England by 2029.
Most of England’s new homes are built by a small number of large firms. Bull and Bear finish by discussing why SME house builders now only develop 10% of new homes, compared to 39% in 1988.
Enjoy your Sunday.