HBF Report -State of Play: Challenges and opportunities facing SME home builders
One of the most comprehensive surveys of Small and Medium Enterprise (SME) housebuilders, conducted by the Home Builders Federation (HBF) and Close Brothers Property Finance, has found that:
- Two thirds of SME housebuilders (65%) have said their growth projections are down due to COVID-19 – close to 40% report growth to be down by up to 50%
- 76% of SMEs use Help to Buy and the new regional thresholds are expected to prove to be a major barrier, with a number of respondents highlighting challenges in their specific regions (case studies included)
- Planning delays and securing permission remain a major barrier to housing delivery over the next 12 months, according to 83% of respondents.