East of England house builders should see their costs fall due to a new agreement between utilities provider Anglian Water and the National Federation of Builders.
Following a forum with the NFB's eastern region last month, Anglian Water has agreed to refund a company’s pre-development fees if awarded tenders to construct new homes.
Builders pay utilities companies’ pre-development fees for a quote to connect new houses to the water network. All housebuilders competing for the same tender each pay a fee for a single quote.
In a statement the NFB said: "The agreement follows a sustained period of lobbying by the NFB on a local and national level.
"A recent survey by the Federation found that 50 per cent of the region’s builders experienced delays because of water companies responding slowly with initial quotations."
The NFB represents some 1,500 builders and contractors across England and Wales.