Some building costs up 35% – another (expensive) nail in the relocation project?

And to think, some careful maintenance of Knowle and some judicious spending when the sun was shining and councillors could have been enjoying up-to-date facilities for years!

“Bricks and timber have become the latest products to be hit by sterling’s slide after Britain’s decision to leave the European Union.

An investigation by The Mail on Sunday into the effects of the referendum has identified sweeping price rises of up to 35 per cent on some building materials.

The revelation comes in the week the Government unveils its Housing White Paper aimed at easing the country’s housing shortage with a massive boost to home-building.

The building industry is also under pressure from an acute skills shortage – which trade bodies warn may be made much worse if tradesmen from countries such as Poland find it more difficult to work in the UK.

The Mail on Sunday’s analysis of figures released last week shows prices on a wide variety of materials, including loft insulation, plasterboard and chipboard, rising at their fastest rate for 25 years.

The increases will hit not only those looking to buy new-build homes, but anyone thinking of extending their house or planning a loft conversion. …”

http://www.thisismoney.co.uk/money/news/article-4191564/Building-costs-rocket-brick-timber-prices-soaring.html