Slowdown Recorded In UK’s SME Construction Sector

The latest State of Trade survey from the Federation of Master Builders (FMB) revealed that the UK’s small and medium-sized (SME) construction firms saw a slowdown in their growth in the third quarter of this year.

One of the big issues identified in the survey is a skills shortage in the industry – with bricklayers among the tradespeople particularly in demand. In fact, 68 per cent of the builders surveyed revealed that they were having difficulties hiring bricklayers.

This shortage could encourage more builders to turn to prefab houses in the UK to make the construction process easier and to reduce their reliance on such tradespeople.

SME builders also revealed that their workloads grew more slowly quarter-on-quarter in the three months from July to September, while just 36 per cent of those are expecting higher workloads in the future, down from the 46 per cent recorded in the second quarter of this year.

Meanwhile, the National and Custom Self Build Association (NaCSBA) recently welcomed a report from Sir Oliver Letwin, which suggested that custom self-build properties should form an integral part of any new developments, Planning and Building Control Today reported.

CEO of the NaCSBA Andrew Baddeley-Chappell told the news provider that the organisation believes “the primary reason for low build-out rates on large sites is that the properties that are being delivered are not what many are looking for”.

He added that offering more custom and self-build options will enable people to develop closer communities and give them greater pride in the areas they live in.

By | 2018-11-06T16:54:33+00:00 November 6th, 2018|News|