Brexit continues to weigh on Construction

The National Housing Federation (NHF) warned only last month about the impact a vote for Brexit would have on the Construction Industry , they now highlight the new figures released  by Reuters, the Royal Institute of Chartered Surveyors and the Office for National Statistics which substantiate those warnings.

In a news release from (NHF) late last week  David Orr, Chief Executive at the National Housing Federation said:

“We know that an uncertain economic environment will cause builders to put the brakes on. Our country’s prosperity and thousands of citizens’ livelihoods depend on a strong building sector – we cannot let a slowdown take hold.”

“Housing associations have a track record of building through tough times, having upped their output through the last recession when private developers could not. With the right flexibility from Government, and at no extra cost to the taxpayer, housing associations can keep the nation building.”

Read the NHF press release in full click here

 

 

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Marketing

10 Social Media Strategies Every Real Estate Business Should Know

Social media has become a dominant force in shaping how businesses interact with their audience. A real estate business, where connections and trust matter immensely, stands to gain significantly by leveraging social platforms effectively. The “breakdown of hours in your life by task social media” reveals just how integral these platforms have become, not only…
Read More
Breaking News

Nationwide Housing Affordability Report

Affordability stretched, but gradually improving Modest improvement over past year, but affordability remains stretched by historic standards Considerable variation in affordability across occupational groups Affordability most stretched in London and South of England, with North of England & Scotland the most affordable Commenting on the figures, Andrew Harvey, Senior Economist, said: “There has been a…
Read More
Estate Agent Talk

Will the ‘Our Future Homes’ report address the needs of an ageing population?

Will the ‘Our Future Homes’ report address the needs of an ageing population? By Kevin Shaw at Leaders The government recently published an independent report, ‘Our Future Homes’, which considers our ageing population and looks at how housebuilders can meet the wants and needs of older people. It is widely acknowledged that not enough new homes…
Read More
Breaking News

Zoopla: Over a quarter of parents ‘lie or break rules’ to get children into their preferred school

Admission Impossible: Over a quarter of parents admit to ‘lying or bending’ rules to get their children into preferred schools Over a quarter (27 per cent) of UK parents admit to flouting the rules to get their children into schools, rising to 38 per cent in London The number who admit lying is on the…
Read More
Breaking News

Government planning reforms to protect nature

News that the Government has warned that the planning system must protect nature, as it unveils reforms Partner Alison Ogley, Freeths commented: “This is a potential game changer addressing the current inertia in the system, providing a solution that is more effective than individual developers trying to address environmental improvements on a project by project…
Read More
Love or Hate Rightmove
Breaking News

Surge in demand for investment sector as interest rates drop

The latest insights from the UK’s number one commercial property website Rightmove reveals that there has been a surge in demand to invest in commercial property compared with the same period a year ago, as interest rates drop following the second Bank Rate cut. The trend marks a continued recovery for the investment sector as…
Read More