Property News · June 15, 2016

Berkeley Homes reports 20% drop in reservations for new homes


Housebuilder has also not launched any new schemes blaming EU referendum and changes in government policyBerkeley Homes has reported a 20% drop in reservations for new homes in the run-up to the EU referendum and has not launched any new schemes in London this year.Aside from next week’s referendum, the housebuilder blamed global economic uncertainty, higher UK stamp duty and the “policy shift against buy-to-let investors” for the sharp drop in reservations between January and May. Berkeley specialises in upmarket homes in the capital and the south-east, and currently has 77 developments, including 55 in London. Continue reading…

Source : theguardian.com
Read more…Berkeley Homes reports 20% drop in reservations for new homes

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