22 Oct

An improving economy will boost construction

An improving economy will boost construction

An improvement in the economy in general will help to boost the number of homes being built and renovated for residential and buy-to-let purposes, an expert in property has claimed.

While the government has recently attempted to improve the number of jobs going ahead by relaxing the laws on planning permission to let projects happen more freely, Stan Hornagold, director of Marstan Group and vice chairman of the board of the Construction Industry Council, believes that developers are just waiting for the right time.

He added that they are "quietly and carefully preparing the next wave of investment, having improved their land and taken over projects in distress at a low price".

Mr Hornagold went on to say that even at a time when there is a level of modest growth, it will be the case that a greater number of builders will look to take advantage of an improving economy to carry out more jobs.ADNFCR-1222-ID-801473878-ADNFCR

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