Regional 'green shoots', but funding remains scarce

摘要

The funding landscape is changing - both for development and for purchasers - Knight Frank concludes from its latest annual research into the new-build housing sector. Its survey of senior executives of more than 100 housebuilders found that 75% of respondents expect a rise in the availability of private equity funding to build, including mezzanine and "blended" funding products. But a lack of development funding remains one of the key risks to the sector, the survey showed. The level of respondents stating that lack of mortgage finance was a risk factor fell from 70% to 57% following the Budget in March, when the chancellor announced the "Help to Buy" scheme.