"Earlier this month the Bank of England made a finely balanced decision to cut interest rates to 5%, the first reduction in four and a half years (since March 2020)."

"Section 106 housing has been the single largest method of delivering affordable homes in recent years and also accounts for an important share of total new home delivery"

"There are no easy answers to the challenges presented, but solutions are needed to keep new homes being built"

"Whenever we talk about the housing market, we tend to fall into the trap of referring to the mythical average home owned by the ‘average’ household. "

"We expect the pace and scale of interest rate cuts to have a more significant impact on the market than the timing or outcome of the general election, not least because of the short odds on a change in government."