Over 90% of SME builders warn the Building Safety Levy will make developments unviable, installers and plumbers highlight work pressure, and a builder has a crazy water meter
Nine out of ten small house builders believe the Building Safety Levy will make more developments financially unviable, claims a report from the Home Builders Federation (HBF).
More than a third of builders polled by the trade body said they had already delayed, redesigned, or cancelled schemes in anticipation of the new levy.
Due to come into effect from October, the safety levy will add another £2,300 to the cost of each property.
Over the last five years, HBF estimates that the development cost of a typical new home has risen by around £76,000 due to taxes, levies and inflationary pressures.
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Over a third of installers, plumbers and bathroom fitters say that work prevents them from spending quality time with their family — that’s according to Mira Showers.
The research also identified late payers, managing customers and long hours as the biggest causes of stress.
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A construction worker received a £7,000 water bill, after his meter recorded that he used enough water in 24 hours to fill 300 baths.
When Mick Foy checked on the meter in his drive, he found it spinning around “like there’s no tomorrow”.
South East Water has promised to send a plumber out to investigate the problem.
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