SME house builders and developers are continuously being held back by external factors that stop them to build faster and more efficiently. We analyse the most common challenges they face to increase their production of new homes.
Last year’s Federation of Master Builders (FMB) House Builders’ Survey revealed the challenges and constraints SMEs builders and developers face to increase their production of new homes, and offered some figures as to what to expect in the upcoming years.
Based on the survey results, we’ve identified the top 3 barriers SMEs have to overcome and how they impact their ability to build new homes.
- Bureaucracy and planning
SME house builders and developers are continuously being held back by the planning system, causing delays to their builds and an increase in costs.
Survey respondents were asked various questions to assess the amount of bureaucracy, cost, and delay involving the planning system. 43% believe the burden of information requirements for planning applications is increasing, and only 5% think it’s been a decrease. Among different factors, respondents rated ‘excessive information requirements’ as the most significant cause of delays in the planning application process.