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New-Home Prices Up £76k; Builders Call Levy Freeze

5/7/2026

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Story summary
  • Home Builders Federation says new-home costs have risen £76,000 since 2020, 20% of the June 2025 price of £365,000.
  • The increase includes £37,000 of material and labour inflation, £23,000 of fees, and £14,000 of taxes, levies and site costs.
  • Neil Jefferson calls for a moratorium on costs, cancellation of the Building Safety Levy, and suspension of tax hikes, warning delivery stays at risk as completions fell 16% to 208,000 in 2024/25.