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Building Costs Price Rise is Forecast

According to the Building Cost Information Service part of the respected Royal Institution of Chartered Surveyors, building costs for large scale construction work is forecast to rise by around 29 % over the next 5 years, driven by both materials costs increases and wages rises.

This will inevitably filter down to smaller scale domestic projects, and despite the ongoing uncertainty surrounding Brexit, now is a good time to start your home extension project as it might cost a third more in five years time. At Home Extension Team we understand the need for certainty and will aim to design a scheme to fit your budget. Once we have completed the planning and Building Control drawings (at fixed fees) we can then provide a fixed price contract for the building work.

Why not contact us to find out more and how our cost budgetting programme on all our projects could work for you.

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