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New build homes

Developers hold their nerve as one in eight new-build homes remain unsold after six months

Jonathan Samuels, CEO of specialist lender, Octane Capital , believes that developers are increasingly prioritising profitability over speed of sale, with new-build homes spending longer on the market as developers resist unnecessary price reductions and instead look to protect scheme values.

Octane Capital analysed* a representative sample of more than 1,100 live new-build property...