The UK competition watchdog has launched a probe into the housebuilding sector, on the back of “widespread concerns about housing availability and costs”.
The Competition and Markets Authority said it would look at whether builders were “delivering the homes people need at sufficient scale or speed”. Its year-long study will focus on housing quality, land management, local authority oversight and innovation.
The regulator said that although its work would not “unlock a housebuilding boom”, it could lead to policy recommendations or enforcement action against companies.
