A report released today by the Home Builders Federation shows that the cost of building a house has risen on average by £76,000 since 2020. Taxes and regulation make up almost half of that…
Those price hikes are 20% of the average new home value of £365,000. A one fifth cost increase…
The industry is particularly incensed by the Building Safety Levy proposed by Michael Gove and brought forward by Reeves. HBF says:
“The Building Safety Levy, due to come into force in October 2026, will apply to all new homes and aims to raise £3.4 billion, despite the industry already committing £7 billion to building safety, including a 4% Corporation Tax surcharge and £4.1 billion for voluntary remediation. Notably, the vast majority of home builders who will be subject to the new levy will be SMEs who have never constructed buildings taller than the average family home.”
Bricking it…
Speaking to Adam Boulton on Times Radio about kicking the Golders Green suspect, Heidi Alexander said:
“I thought that if I was in the shoes of that police officer, then if I’m honest, given the situation, and the fact that he had a backpack on his back, and they were worried about whether that might go off, I could, if I was a police officer, frankly, I could see myself having taken similar action.”