UK Construction Market View 2020

March 26, 2020




Welcome to Experience Invest blog. Experience Invest is among the topmost property investment companies in the UK. In today’s blog, we talk about construction in the UK. In the aftermath of the EU referendum in June 2016, there was a visible amount of consternation in the construction industry. For a sector that had developed close professional ties to the continent, both in terms of workers and building materials, many feared that Brexit could spell a major threat to normal business operations.

experience invest

With the UK now in the midst of tense negotiations with the EU, the Government will need to prioritise the needs of the construction industry. It can do so by ensuring any final agreement struck with the EU protects the interests of development firms and ensures they are positioned to increase their overall output. At the moment, many firms are worried about the impact of future tariffs and long-term access to materials. That’s why if the sector is to press on and make a success of the 2020s, the Prime Minister must understand and prioritise issues like these. If you would like to read more articles like this then please head over to Experience Invest website.

Using the construction industry to solve the housing crisis 

For the past decade, the housing crisis has been a top priority for successive governments. Most have pledged to address this imbalance by increasing the number of new-builds being constructed. Whilst integral to any solution, the targets that have been set have been criticised for being unrealistic. Boris Johnson has now set his own aim of adding a million new homes to the market by the end of this parliament – an ambitious target. The Conservative party has proposed launching £100 billion worth of new funding for infrastructure projects, and the Spring Budget is an ideal platform to explain just how this capital will be deployed. Whatever the details, the construction industry will have an important role to play.


About Experience Invest

Experience Invest is a leading provider of high yielding, buy-to-let property investments. We work with leading property developers to create bespoke, high-quality developments in the key areas. Visit Experience Invest Facebook to learn about the benefits of UK property invest, and why the UK is seen as a safe haven for property investors in the UK and overseas. We have put together some tips to help you get onto the property ladder on  Experience Invest Linkedin profile here.

You Might Also Like

0 comments