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Challenging times ahead predicted for the housing industry

Written by Charlotte Morgan

August 21, 2023

TristoneNash are committed to servicing the needs of all our clients and in doing so recognise the challenges of social-economic problems which face the different sectors within the housing industry.

The Guardian have discussed the topic of the housing crisis, noting how the cost-of-living crisis is having a direct effect on people’s ability to afford housing loans and consequently effecting the demand for houses.

Tristone Nash Recruitment

The Guardian note how “Britain’s biggest housebuilder has warned that conditions will “continue to be difficult” for the housing industry over the coming months as potential buyers struggle with the rising cost of home loans.” They also discuss how this may as a result cause a problem for the availability of houses in the future, saying “[m]any economists and some ministers agree that the UK housing industry is not building enough homes to meet longer-term demand, which has sustained house prices near record levels even with economic growth faltering. Average house prices fell by 5.3% in the year to August to about £259,000, according to Nationwide building society.”

Our aim is to work closely with all our clients to support them with our bespoke recruitment service in any way possible. We assist Registered Providers, Developers and Contractor Clients with their current and future ventures, filling interim and permanent roles with skilled and experienced staff. Our dedicated specialist Housing Team have also been providing dedicated Housing Management, Homelessness and Supported Housing staff to Local Authorities and Housing Associations across England and Wales for nearly 2 decades.

We pride ourselves in working in partnership with our clients, providing them with the resources they need to aid those public sector organisations who help their communities in the housing industry.

Read the full article here: Housing industry faces difficult months ahead amid weak demand, says Barratt | Barratt Developments | The Guardian