Urban & Civic says fragile consumer confidence could hit delivery rates

By Hamish Champ2018-11-30T12:38:00

Housebuilder interest in developer’s land remains firm, but show home visits down in the past month

Developer Urban & Civic has said interest in show homes built on its plots had declined in the past month, but while continued wariness was likely to hit delivery rates, interest from housebuilders in its land had not diminished.

The firm, which owns or oversees nearly 7,000 acres of land in Buckinghamshire, Cambridgeshire, Northamptonshire and Nottinghamshire, said that while the immediate outlook was “terribly difficult to evaluate” the level of sales on its sites in the year to 30 September 2018 had comfortably exceeded forecasts made 12 months ago.

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