New opportunities for construction SMEs

Builder, 80 public land sites for sales in a bid to speed up home building - SantanderCB

The Homes and Communities Agency has announced that 80 public land sites will be put up for sale, in a bid to speed up home building. While this represents a major opportunity for the construction industry, a number of SMEs are struggling to compete their bids due to the EU Threshold. House Builders' Association policy adviser Rico Wojtulewicz said that while access to finance was improving some SMEs were struggling to draw down the money due to the lack of planning permission. He added that the government was aware of the problem and is cooperating with the HBA to find a solution. Companies in the North will benefit from the Northern Powerhouse initiative.


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