View more on these topics

Brexit will hit housebuilder numbers: SMP


Britain leaving the European Union could create a shortage of labour to build houses, according to the Society of Mortgage Professionals.

The society says that as much as 12 per cent of the workforce in the construction industry come from other EU states.

The body adds that the future ability to recruit from abroad is likely to be hampered by new, post-Brexit immigration policies.

Society of Mortgage Professionals head of professional development Lee Travis says this could lead to a shortage at a time when the construction sector most needs a pool of skilled labour to support a house-building revival.

He says: “We are in total agreement with The Federation of Master Builders that the construction industry acts as a weather vane for the property market.

“They are saying that almost two thirds of smaller builders are struggling to find bricklayers and more than half are finding it hard to source enough carpenters and joiners.

“There is a huge skills shortage in the United Kingdom and the prospect of not having easy access to EU migrants post-Brexit could mean that this gap is set to widen.

“Ideally therefore, we would like to see some official assurance that EU workers will remain in the UK after the split.”


Larger lenders called on to support ‘fourth housing tenure’

More lenders – especially larger ones – must step up to back what the Government is calling the ‘fourth housing tenure’ With just days to go until Chancellor Philip Hammond delivers his first Autumn Statement, all parts of the UK economy are keen to see what he has in store. We are told the Government’s […]

Bricks building housing construction

BSA promotes offsite housing construction in new report

The Building Society Association has said that utilising offsite construction to build homes is the one solution to the UK’s housing crisis. In it’s ‘Laying the foundations for Modern Methods of Construction’ report launched today at the BSA lunch, the association says that this building method offers a way of providing well designed, high quality, affordable homes […]


Average UK house price up 7.7% in September, says ONS

  Average UK house prices increased by 7.7 per cent in the year to September, according to the latest ONS statistics. The rise was equal to the increase of 7.7 per cent in the year to August. Prices rose 0.2 per cent on a monthly basis in September, compared to 1.3 per cent in the […]

Guide front cover - thumbnail

Guide: how to… audit your auto-enrolment scheme compliance

As the Pensions Regulator starts to bare its teeth and the changes mentioned in the Budget and Queen’s Speech start to come into force, it is essential that you understand your scheme and the processes you need to undertake to ensure it remains compliant. Our second re-enrolment guide looks at how to audit the key areas of your auto-enrolment scheme.


News and expert analysis straight to your inbox

Sign up