Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters
Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters

Lenders reject builders as land values rise sharply in London

Developers also face squeeze from slowing home price gains and soaring construction costs

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Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters
Central London residential land prices jumped about 26 per cent in the 12 months to March. Photo: Reuters
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