COVID hits house building volumes

Government data show that 38,700 fewer homes were built in the second quarter of 2020 compared with the same period in 2019 in England and Wales. The news comes as the Home Builders Federation (HBF) warns that billions of pounds in contributions could be lost as a result of homes not being built thanks to the coronavirus pandemic. According to a report by the HBF, £7bn was contributed by developers to communities in the past year through "section 106" agreements and the community infrastructure levy.

The Times (25/09/2020)