Builders can't keep up with Help To Buy demand

Modular home developer Project Etopia has advised that London is running short of homes available under the Government’s Help to Buy scheme, with developers unable to keep pace with demand. Only 1,619 properties in the capital remained eligible for funding under the scheme last month, down almost two thirds from 4,535 at the end of 2017. Joseph Daniels, chief executive of Project Etopia, said: “Only rapid house building on a large scale and innovative ideas will prove to be a lasting antidote”.

Evening Standard (12/03/2019)