{"id":7442,"date":"2026-01-16T23:02:29","date_gmt":"2026-01-16T23:02:29","guid":{"rendered":"https:\/\/second-home.uk\/?p=7442"},"modified":"2026-01-16T23:02:29","modified_gmt":"2026-01-16T23:02:29","slug":"developers-struggling-with-build-and-labour-costs","status":"publish","type":"post","link":"https:\/\/second-home.uk\/?p=7442","title":{"rendered":"Developers struggling with build and labour costs"},"content":{"rendered":"<p>The majority (82%) of developers say they face challenges in the current market, a poll from lender Octane Capital shows.<\/p>\n<p>High build and labour costs are the most pressing issue, cited by 34%, followed by planning delays or uncertainty (20%) and funding delays (14%).<\/p>\n<p>Exit risk or slower sales (11%), valuation gaps (11%), and limited flexibility from mainstream lenders (10%) also restrict delivery.<\/p>\n<p>Jonathan Samuels, CEO of Octane Capital, said: \u201cBuild costs, planning delays, and funding constraints remain an issue, which is why specialist finance continues to play such an important role.\u201d<\/p>\n<p>Sentiment has improved, with the help of the Bank of England\u2019s decision to cut interest rates in December, to 3.75%.<\/p>\n<p>Two thirds (67%) of developers believe that UK property market conditions will improve in 2026, while a third remain cautious.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The majority (82%) of developers say they face challenges in the current market, a poll from lender Octane Capital shows. High build and labour costs are the most pressing issue, cited by 34%, followed by planning delays or uncertainty (20%) and funding delays (14%). Exit risk or slower sales (11%), valuation gaps (11%), and limited [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7443,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-7442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-second-home"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Developers struggling with build and labour costs - Second Home<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertywire.com\/news\/developers-struggling-with-build-and-labour-costs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Developers struggling with build and labour costs - Second Home\" \/>\n<meta property=\"og:description\" content=\"The majority (82%) of developers say they face challenges in the current market, a poll from lender Octane Capital shows. High build and labour costs are the most pressing issue, cited by 34%, followed by planning delays or uncertainty (20%) and funding delays (14%). 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