The FMB, who represent small to medium-sized building companies, found that money and land were bigger concerns than Brexit and the threat of migrant labour disappearing in their 2017 House Builders’ Survey.
I would say that large and small firms alike would make similar claims, maybe not the money element but definitely the availability of suitable land. In the survey by the FMB, the lack of available and viable land was cited as a barrier to increasing output by 62% of respondents, if I’m being brutally honest I thought this number would be higher, either way, it is too high.
There were concerns in February that the Housing white paper hadn’t done enough to stimulate the growth that the market needs, especially for the small to medium-sized firms. Are some of these points coming home to roost? If these general concerns materialise then maybe so.
But while skills shortages are also a concern, with 42% of SME house-builders citing it as a major barrier to their ability to build more new homes, only one in 10 small house-builders expect the end of free movement for EU workers to have a major impact on their ability to build more homes.