Hi,

Currently living in Norwich where in the past year or so local authorities have designated at least 15,000 new homes to be built in the Norwich catchment area. One of the bigger developments (6,000 homes) has now ground to a halt, no builders are now on site just the plasters and electricians left on there finishing of the built houses.

A sure sign of just how things are heading for the new build properties in the region, they just can not sell them and developers are closing down work left right and centre.

I'd avoid the new build sector like the plague. As has already been mentioned, leave it for a year and see the outcome of the current climate.

Well, just my little 2 pence worth.

Cheers,
J