People buying new-build homes should be able to hold back
5% of the purchase price until the house builder has fixed any problems or
defects with the property, says a new report. Think tank, the Social Market
Foundation, believes that new rules are needed to fix a broken and
uncompetitive market for new build housing where builders can prioritise
profits over customers and leaves buyers increasingly unhappy about quality and
services. The report says that some house builders have a ‘culture’ of
neglecting customers’ interests, and is calling on the Government to do more to
boost consumer power and back new entrants to the market. Read more on the
Propertywire website.
There’s no point building homes that people can’t afford | Letters
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