SAFEGUARD YOUR PROJECT AGAINST RISING BUILD COSTS

Trying to work out construction material price rises is about as easy as trying to guess the winning lottery numbers. Naturally, each year there will be a year-on-year increase for all materials, from bricks and insulation to timber and plaster. It is worth having a conversation with your suppliers if your build runs into or starts the following year. This will enable you to factor in the increase on material costs; it may only be a few percent but it all adds up. That said, there can also be unforeseen price increases — like those we’re experiencing now.