Housebuilders remain cautious as furlough draws to a close

By Joey Gardiner2020-09-03T05:00:00

Senior industry figures say market risks are holding back investment

Housebuilders are remaining cautious about investing in new developments despite a much stronger than expected housing market over the summer, given concerns over the possible impact of the winding up of the government’s furlough scheme and a second wave of covid-19 infections.

Housebuilders spoken to by Housing Today about the state of the industry going in to autumn said there was still caution over investing in new schemes despite experiencing a rapid recovery in the housing market since lockdown rules were eased in May.

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