Continued access to skilled EU workers is important to deliver on the Government’s housing targets

New Research from the House Builders Federation (HBF) published yesterday 5th December 2017 illustrates importance of EU workers in building the country’s homes.

The report states: Housebuilders in England are heavily reliant on foreign labour and will need continued access to skilled EU workers post Brexit to deliver the Government’s housing targets an extensive new census of the workforce shows.

Official statistics suggest that 12.6% of general construction workers across the UK are foreign-born, of which 5.7% are from EU-accession countries.

Stewart Baseley, executive chairman of the Home Builders Federation said;

“The results of this census clearly demonstrate the reliance the industry currently has on non UK workers. Output is up a massive 74% in recent years but achieving the very challenging targets set by Government will require further big increases in workforce capacity. Whilst the industry is investing heavily in recruiting and training young people leaving our schools, colleges and universities, continued access to overseas workers is absolutely essential.”

Read the HBF research report with survey results published 5th December 2017 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

Estate Agent Talk

Preparing Your Home For The Market: Do’s And Don’ts

Preparing your home for the market can feel like a big task, but it’s a step-by-step process that can make all the difference when it comes to selling quickly and for the best price. First impressions matter, and a well-presented home appeals to more buyers, resulting in higher offers and faster sales. The goal is…
Read More
Commercial Agent Talk

Exploring the Financial Success of Real Estate Ventures: Tycoon Real Estate’s Journey

The real estate industry has long been regarded as one of the most lucrative sectors for investment, with countless individuals and companies building substantial wealth through property acquisition, development, and management. Among the many businesses that have sought to make their mark in this field, Tycoon Real Estate stands out for its innovative approach and…
Read More
what is proptech
Proptech News

Improving Your Credit for Home Financing: The PropTech Advantage in Real Estate

Navigating the home financing process can be a daunting task, especially if your credit score isn’t where it needs to be. For many prospective homebuyers, a low credit score can mean higher interest rates, less favorable loan terms, or even a denied credit application. However, thanks to recent advancements in PropTech (property technology), there are…
Read More
Finance

How AI in AML is Revolutionizing Financial Crime Detection?

Technological advancement, specifically artificial intelligence, is altering how financial institutions handle threats of money laundering. Conventional means for identifying financial crime take a long time and involve a heavy reliance on some manual procedures. Such processes are accelerated with the help of AI technologies, increasing the results’ effectiveness and accuracy. In 2024, the role of…
Read More
Breaking News

Halifax House Price Index for August

UK house prices edge up to hit two-year high   House prices in August 2024 were 4.3% higher than the same month a year earlier. House prices increased by +0.3% in August, after +0.9% rise in July Year-on-year prices are up +4.3%, the strongest rate since November 2022 Higher annual growth largely reflects the base…
Read More
Breaking News

Nationwide House Price Index for August

Annual house price growth edged higher in August   UK house prices fell 0.2% month on month in August Annual growth rate picked up to 2.4%, from 2.1% in July Fastest pace of annual growth since December 2022 Energy efficiency becoming more important in influencing what buyers will pay for a home   Headlines Aug-24…
Read More