Bellway London’s Fielder’s Quarter development in Barking-- the company’s average selling price in the capital neared £390,000
Housebuilder Bellway blamed the government’s now-demolished mini-Budget for a potentially shrinking housing market as it revealed a drop off in private reservations today, alongside record annual revenue.
Jason Honeyman, chief executive, told The Standard that the housing market is “in the eye of the storm until things settle down politically”. He blamed the slowdown in the market from late September on the government’s ill-fated tax and spending plans “pretty much 100%”.
