Phoebus Software reacts to latest housebuilding figures

04 December 2025

Richard Pike, chief sales and marketing officer at Phoebus Software:

“The latest housebuilding figures paint a bleak picture, with the fastest downturn in housing activity since the start of the pandemic. The uncertainty caused by the Budget speculation over the past few months has hit confidence hard and delayed decisions and shows the real-world impact of the Government’s prevarications. Underlying this however, there are some fundamental issues that the Government needs to address. We’re simply not building enough homes in the UK, which is driving up prices and creating affordability issues. While rising material costs and labour shortages are clearly factors, too many developers are land banking, watching values increase rather than getting on with development. I would like to see planning laws changed to make developers bound by timescales, rather than being able to sit on land and property indefinitely.”