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69% of SME housebuilders have seen no changes to pipeline following EU vote

Two-thirds of SME housebuilders have reported no significant changes to their pipeline after the EU referendum vote, according to new research.

More than 100 SME housebuilders across England were surveyed by the Federation of Master Builders to see whether their business had been affected by the result.

Of the 108 SMEs surveyed, 69 per cent reported no significant change to their pipeline of work, with 22 per cent experiencing a project delay or a project put on hold.

Around 9 per cent of SMEs reported that a project they were involved in had been cancelled.

The survey also asked SME housebuilders what they most wanted from the government as part of the country’s exit from the EU.

Around 55 per cent said the removal of unnecessary regulation was the most important thing for the government to secure, with 22 per cent wanting assurances that skilled EU workers would still be able to work in the UK.

Fourteen per cent said assurances that material imports remain tax-free should be a priority for the government, with 9 per cent wanting EU investment in construction projects to be replaced or maintained.

FMB chief executive Brian Berry said ministers will “no doubt” be “bolstered” by the findings, but added that industry should “not paint an overly rosy picture” of the situation facing SME housebuilders.

He said: “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 Mrs May’s government.” 

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