Tag: homebuilders
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‘Plan early’ — homebuilders warned building costs are set to rise 12% by 2030
Homebuilders and renovators face a challenging landscape as building costs are set to rise by 12% over the next five years, according to the latest forecast from the Building Cost Information Service (BCIS). With tender prices also expected to increase by 15% and new work output predicted to grow by 19%, those looking to build…
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Spring Budget brings major boost for homebuilders, homeowners and housing market
In today’s Spring Budget Statement, Chancellor Rachel Reeves announced measures aimed at reviving the UK housing sector. With a shortage of skilled tradespeople holding up the building of houses, the government is injecting significant funding into training the next generation of builders. Alongside this, energy efficiency initiatives are being introduced, with the government claiming these…