SME Housebuilders Struggling With Finance And Land

iconUnion Road, Liversedge, WF15 7JS

iconLivingstone Road, Hessle, HU13 0EG

ttt

LIVERSEDGE DEPOT

T. 01924 401020 F. 01924 405872

E. steel@foregale.co.uk
E. roofing@foregale.co.uk

HULL DEPOT

T. 01482 640118 F. 01482 644093

E. hullsteel@foregale.co.uk
E. hullroofing@foregale.co.uk

OPENING TIMES

MON – FRI. 8.00am – 5.00pm

SAT 8.00am – 11.30am

for-logo

Liversedge 01924 401020 | Hull 01482 640118

LATEST NEWS

SME Housebuilders Struggling With Finance And Land

 

The main issues holding back SME housebuilders in the UK are a lack of access to finance and a lack of appropriate small sites for new properties.

 

This is according to the latest House Builders’ Survey from the Federation of Master Builders (FMB), which found that 54 per cent of small house builders in the country said that sourcing finance for their projects is one of the main barriers to their ability to construct more properties.

 

However, 62 per cent of those questioned said that not being able to find suitable land for new homes is the biggest issue they face. Worryingly, over half (54 per cent) believe that the number of opportunities for small site development are decreasing.

 

Other issues cited by respondents to the FMB survey included a lack of skilled workers and the planning system.

 

Brian Berry, chief executive of the FMB, said that although there are concerns about access to finance, “small house builders express generally positive views of some recent government initiatives in this area”.

 

He added: “But we clearly need to double down on these efforts to make sure that SMEs have access to the finance they need to build Britain out of its housing crisis.”

 

Research conducted on behalf of Homes for the North recently revealed that 50,000 homes need to be constructed every year for the next decade to keep up with projected demand in the region.

 

This could see more builders searching for insulated roofing sheets for construction projects they’re involved with.

Liversedge
01924 401020

Hull
01482 640118






    Foregale Ltd was established in 1981 operating from premises on Shillbank Lane, Mirfield. Following rapid expansion, the company not only relocated to the current premises on Union Road, Liversedge but also opened a second depot in Hessle, Hull in 1986.

    Leave a Reply