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Housebuilder Bellway warns mortgage rate hikes dampening housing demand | Collector
Housebuilder Bellway warns mortgage rate hikes dampening housing demand
City A.M

Housebuilder Bellway warns mortgage rate hikes dampening housing demand

Bellway has said that recent rises to mortgage rates as a result of the Iran war are dampening demand for housing, on top of rising building cost inflation due to the conflict. The FTSE 250 housebuilder said it has seen a “moderation” in customer demand in April and May, bringing an end to a “positive” [...]

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