The biggest threat to the industry is the possibility of a new government making significant changes to planning policy, according to CALA’s predictions for 2015.
Another key challenge, according to the housebuilding group, is the lack of availability of labour. However, as labour pay rises and trades either return to the industry or come from abroad, the problem should be alleviated.
CALA believes the house market is in a steady state and this will continue through 2015. The group also points to the three biggest UK housebuilders reaching optimal land bank levels as evidence that the industry is in a good position entering the new year.
Alan Brown, chief executive of CALA Group, said: “My personal view is that, providing there are no significant changes in the direction of travel following the general election, the industry will continue to grow at a healthy and sustainable rate during 2015 and, from CALA’s perspective, this should provide an encouraging backdrop to enable our business to increase in size and achieve our growth ambitions.”
