Brexit not yet impacting SME house builders

A Federation of Master Builders (FMB) survey, the first one to be conducted since the Brexit vote, indicates the UK's decision to leave the EU has not yet impacted SME house builders' workloads.

Two-thirds (69 per cent) of businesses surveyed said they have not yet seen any changes to their business post-Brexit, and only a quarter have seen any negative effect on their projects, attributing this more to delayed decisions, rather than project cancellations.

With most SMEs saying it's "business as usual", Brian Berry, FMB Chief Executive, said the study should not "paint an overly rosy picture of the situation facing SME house builders".

"The barriers to building that existed prior to the referendum are still hindering delivery, and as the housing crisis continues to be a pressing concern, the need to empower smaller developers must be a priority for May's Government," he said.

At Beavis Morgan, we work with a number of construction businesses and we understand the unique set of challenges which comes with running a business in this industry. Our partner business, BM Advisory, is also on hand to find the right solutions for businesses and individuals with financial concerns.

For further information about how we can help you and your business, contact Steve Govey or your usual Beavis Morgan Partner.