New research shows house building rates accelerating in prime locations

The level of appetite amongst house builders for prime residential locations is rising with more than three times as many homes built over the past year in the UK's most expensive areas than at the other end of the housing market. New research published by location analyst CACI has calculated the affordability of purchasing a home in each individual district in the UK based on an index it refers to as the cash gap which is the difference between the mortgage required to purchase a household and ...