Rate of housebuilder insolvencies up 80% over the past three years

By Tom Lowe 2020-06-09T06:00:00

Vast majority of insolvencies are SMEs according to new data

UK housebuilders are collapsing at an ever faster pace, according to new government data.

Figures obtained from the government Insolvency Service show that the number of housebuilders applying for insolvency has increased by nearly 80% over the past three years.

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