Blog Post

Move or improve? Builders increase costs

TomS - Head Tom Simper Feb 4, 2022, 13:30 PM
258_Dataloft_Builders_price_rise-01

The Federation of Master Builders' latest State of Trade Survey reports that 74% of builders have raised prices for their work in Q4 2021.

At a time when they are reporting a 19% increase in workloads, 95% of builders are also seeing a rise in the cost of materials.

Labour shortages are also making it hard with 43% struggling to hire carpenters and 41% finding it difficult to find bricklayers.

Increased cost for home improvements, labour shortages and material price rises, may prompt homeowners to consider moving over improving. Source: Dataloft, Federation of Master Builders

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"A great company and great experience."

- Andrew

"Dewi kept us up to date & was very understanding of my Mum's situation. I would highly recommend selling with this company."

- Jane

"Would highly recommend Peter Anthony when selling your property."

- Gwen

"Abbey was very friendly and helpful"

- Sandra

"Sean was really lovely on our inspection. Quick, easy and efficient. Thank you!"

- Roberta

"nothing written"

- Nadeeka Edirisinghalage

"I would like to thank Abbey for all her help and support she offered"

- Marie

"I had a viewing with Abbey, so lovely and friendly"

- Amy