Daniel, You obviosly ARE in the housing trade! Your behaviour (Industry) astounds me... Over inflating house prices so you can 'throw in' cash for FTB to use as deposits. Glad the banks have tightened that little loop hole :P

No such thing as a free lunch my friend!

Paul Sullivan, Chester,

Cromwell - You obviously don't work within the housing industry then? Your comments astound me, hope your job is safe!!!! it's a knock on effect -oh dear!

Daniel, London,

I agree with Rajiv, they should also pay Council taxes that would have been paid had the properties been built within 6 months of receiving approval...

cww, Ipswich,

20% profit = Gross abnormal profit

This is achieved by building small places that only first time buyers take up.
Older folk know what a real home looks like and simply won't want them as homes as they are too small, have no storage, low quality..etc

Perhaps now is time to build some homes.

Jack C, Reading,

The Group’s long term investment strategy in land for housebuilding will assist the Group in delivering sustained good medium and long term performance,” it said.

Well they would say that woudn't they?

D Case, Newquay,

After the utter shambles the developers have made in North Leeds I hope evry one of them go bankrupt. Anyone looking for a no chain over priced shoddy flat should head for Leeds theres thousands standing empty.

Cromwell, Leeds, England

Saturation coverage of property-as-a-pot-of-gold by TV and newspapers over the past decade was tantamount to free advertising for the construction industry. Now that the bubble has burst, the industry whinges about "ongoing adverse press speculation". So some speculation is bad and some is good?

Simon, Banbury, UK

This company has more than 5 YEARS worthof approved plots for building.It makes a profit of more then 20% of sales, one of the most profitable companies in Britain.Yet, it is reluctant to build more houses at a lower margin.The Govt should force housing companies to build within 6 months of approval

Rajiv, Northwood,