What we are seeing is a market recalibrating after sharp cost inflation and higher rates. This isn’t a city to retreat from, it demands sharper underwriting, greater discipline and a more hands-on approach to risk; an environment in which we at ASK continue to remain active.
In a recent article for Estates Gazette, our Head of Origination Joe Freedman highlights that London’s housing delivery hasn’t stalled due to weak demand, it’s stalled because development viability has collapsed.
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