North England Build organisers Oliver Kinross has encouraged construction SMEs to take advantage of the government support and embark on new opportunities in 2016.
With the EU Threshold in place, a number of SMEs are struggling to compete in the tendering process due to restrictive financial controls.
To tackle that, the House Builders Association (HBA) and the Homes and Communities Agency (HCA) are providing a catalogue of smaller sites with a simpler tendering process as well as facilitating access to finance for smaller housebuilders.
Speaking on the behalf of the House Builders Association (HBA), policy advisor Rico Wojtulewicz said:
“Access to finance has improved but many developers have difficulty drawing it down due to a lack of planning permission. The Government has recognised this fact and as well as communicating with the HBA to find a solution the HCA is making a strong effort to identify small sites and support SMEs. This will surely help but the HBA remains staunch in its opinion that fixing planning and giving small sites and infill the same focus as large sites would not only improve the housing crisis but begin closing the gap between ‘affordable’ and realistically affordable.”
Alongside housebuilders, SMEs operating in the north of England stand to benefit substantially from government support, as the Northern Powerhouse plan begins to show more tangible benefits for smaller construction companies.
North England Build 2016, taking place at Manchester Central in April, has positioned itself as a key platform for SMEs to discover opportunities within the housing sector as a result of the Northern Powerhouse initiative.
For more information and to register for a free ticket, visit www.northenglandbuildexpo.com.