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Evening Standard
Evening Standard
Business
Michael Hunter

Boss of London’s biggest home builder tips longer lull but no house price fall

Berkeley Homes CEO Rob Perrins

(Picture: Berkeley Homes)

London’s house market will be subdued for “longer than people think” the chief executive of the capital’s biggest home builder, Berkley Group, said today, but prices will not tumble.

Rob Perrins told The Standard that “prices are firm and I think they’ll remain firm”. He was speaking as the company, which builds around 10% of London’s new homes, revealed the impact of market turmoil after the Truss government’s short-lived mini-Budget.

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