Projects stall ahead of Autumn Budget
Original Article Summary
Developers are hesitant to progress new housing projects amid the upcoming Autumn Budget on 26 November. Some 64% of developers are not confident about starting new residential developments over the next 12 months, while a further 28% said they were only cautiously confident, according to a poll by lender Octane Capital. When asked to look […] The post Projects stall ahead of Autumn Budget appeared first on PropertyWire.
PropMatch Curated Analysis
Developer confidence has collapsed ahead of the Autumn Budget with 64% hesitant to start new projects due to speculation around potential tax changes including land value taxes and CGT increases.
Investor Relevance
Critical for timing acquisition and development decisions. Potential policy changes could significantly impact project viability, disposal strategies, and overall investment returns across all residential property sectors.
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