Springfield switches strategy as private housing slumps

Scottish house builder Springfield Properties is halting work on speculative private housing sites as demand droops.
The move is a shift from this time last year when Springfield decided to focus on private starts and put all future affordable housing and build to rent schemes on hold due to rising costs and the Scottish Government’s plan to freeze rents in the face of the cost of living crisis.
Springfield is now back in the affordable homes market which it says has “strong cash flo