In recent years, it’s not often been possible to talk about the supply of any building materials without including the word ‘shortages’.
Finally that seems to have changed as it’s now being reported that, with a slowdown in housing developments, stocks of bricks and some other construction materials are on the rise.
In this week’s blog, we’re reporting on what industry leaders are saying about product demand and supply in the sector.
With soaring energy prices, interest rate rises, some huge hikes in the cost of materials and the continuation of labour shortages, many construction industry businesses could be in for some turbulent times this year.
In many cases, the cost pressures are made worse by the fact that contractors are both tied into existing work which was based on estimations set well before the current price rises and are also busy looking at how they can respond to invitations to tenders in ways that make the jobs viable within the current circumstances. In today’s blog, we’re taking a look at what construction businesses (and those who work within them) can do to face this challenge.
Despite expectations that house prices would fall due to the coronavirus pandemic, the virus seems to have been no match for the UK’s buoyant property market which, over the last year as seen house prices hit some record highs. That might seem good news for sellers but, with many modern buyers seeking a touch of luxury, anyone trying to sell an older property may want to look for ways in which they can make it stand out and enhance the value of the sale. In this week’s blog, we’re sharing some tips for making your property appeal to potential buyers. On top of that, we’ve also got a treat for first-time buyers with the launch of our brand new development of apartments, bungalows and houses at Kingham Way, Luton – on sale right now!
The construction sector continued its trend of recovery during December 2020, thanks largely to a sharp rise in house-building along with strong order books and new business wins on projects that had been deferred since the beginning of the pandemic. While that’s good news, stretched supply chains and delays at UK ports means our industry has simultaneously faced purchasing prices that have risen at a pace not been seen for nearly two years!