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The effect of Brexit on the construction industry; time to remove the middleman

In the wake of Brexit Cradley Heath based manufacturing firm, Howells Patent Glazing, claim to have seen a substantial increase in homeowners and local builders taking a hands-on approach to construction - cutting out the middleman. The firm believes this as result of people wanting to retain control of a build project and reduce cost in order to keep afloat in these uncertain economic times. The manufacturing firm says that this is backed up by their record-breaking turnover figures for the past 3 years.

Figures from the Barbour ABI Economic and Construction Market Review state that the economy grew 0.4% in the first quarter of 2016, and continued to grow to 0.6% in the second quarter. Since then, Brexit contract activity has fallen in all areas of construction, but more specifically, public housing and infrastructure has taken a massive hit by at least 21% down in comparison to last year, and 15% down on the first quarter of this year.
 
 

Tracey Jackson, marketing manager at Howells Patent Glazing said, "Contrary to the figures in the Barbour ABI Economic and Construction Market Review, we have noticed a definite upturn in the level of enquiries - but not just in the construction side of our business. The ‘supply only' side of our business seems to be equally as busy, if not busier than last year, in general".

Howells Patent Glazing's supply only department has always followed a 40:60 rule, until two years ago, when they noticed that things were starting to change. Over the last three years, Howells have increased their turnover by 50%, but the rule of thumb for their supply only department has changed to 50:50.

The popularity of home makeover/construction programmes on TV proves that the self-builder is on the up, with many people project managing their own home makeovers. People are also back on the trend of buying properties to use as future pensions, predicting a potential inadequacy of the state pension - something that people have been unable to afford for some time. However, Howells believes that the ‘second home inflated stamp duty tax' will slow this down.

Whether Howells's success with their ‘supply only' department is down to Brexit or not will become clear over the next year, but for now, the firm is hoping that the new, post-Brexit self-build trend will start to change the way the UK construction industry makes money, with UK businesses buying from each other once again.

For more information on Howells Patent Glazing, please visit www.howellsglazing.co.uk

-ENDS-
 
Notes to editors: 
 
Howells Patent Glazing Limited has since 1973 been a well respected manufacturer of patent glazing, roof lights and canopies. Products are manufactured in their factory complex at Cradley Heath, West Midlands, and shipped to sites by their tailored transport. 
 Key staff have over 50 years experience within the industry, giving HPG in-depth expertise in the design of roof and vertical systems. Their systems are suitable for use in railway stations, care homes, shopping centers, schools, retail complexes, heritage buildings, domestic applications and factory units.
Howells Patent Glazing supply to both commercial and industry sectors, and have beat their turnover record three years in a row.


For more information, quotes, images or interview opportunities for Howells Patent Glazing, contact Adele Flint at PReach PR:
Tel: 01543 439 239
Mob: 07871378021
Email: adele@preachpr.co.uk