Property & Construction Newsletter Autumn 24

Low Balling to Win Work A Race To The Bottom or A Sinking Ship?

With interest rates still way in excess of the pre 2021 rates and highly unlikely to return to those record lows, the costs of funding construction projects continue to increase. So, it’s perhaps unsurprising that developers are adopting a more cautious approach when reviewing the viability of their projects.

4 | SCRUTTON BLAND | P R O P E R T Y A N D CONSTRUCTION

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