According to recent research, the cost of building a new-build house – currently at around £2,375 per sqm – is set to climb by almost £18,000 per unit – a jump that could cost UK housebuilders £3.2bn per year
Securing the right size of loan that is both flexible enough and reasonably priced can be a headache at the best of times
The UK economy grew by 7.5% last year, its fastest pace of growth in over 70 years.
In an ever-changing climate of rising building material costs, lenders should pay very close attention to the contract between the borrower and the contractor.
