When making predictions about the future development of the construction industry, developers and organisations could not have imagined what challenges they would face in 2020. Most of the proposed scenarios boiled down to the fact that it would simply become another period of adaptation to the new rules in the field of shared construction.
In fact, it turned out that 2020 can be compared to a roller coaster ride – a slight rise in most sectors in the beginning, then a sharp drop in the country’s economy, which was then replaced by a chaotic social environment. On behalf of capital developers, who feel much better than the regional developers. Many companies managed to level the monthly downtime at construction sites and catch up with the pace of work, as well as to increase sales in the first quarter of 2020.
However, there are still many unanswered problems. And it is not only about economic factors, but also legislative changes that are ongoing, as well as the lack of skilled construction workers ready for work.
There is a significant shortage of workers at construction sites, especially in dense regions of the UK. According to the statistics from construction bodies, the number of foreign workers n the UK decreased by 23% compared to 2019. Due to the current quarantine restrictions, in April-May, many migrants left the country and, while the borders are closed, they cannot return. And those who did not go home found a job in production. Now migrant workers are in no hurry to return to the construction site, fearing that the spring scenario could repeat itself during the second wave of the pandemic.
The pace of recovery in the construction industry in 2021 will directly depend on macroeconomic factors and government policies. The first half of the year is not a cause for concern, as the preferential mortgage programmes will still work. It will determine the dynamics of demand and pricing in the segment of new buildings in the second half of the year.
Unless there are new shocks in the country’s economy, prices for new buildings will continue to rise within the inflation rate, as well as due to changes in the stage of construction readiness. But housing will not become cheaper, because otherwise the developers will have to work at their own expense.
2021 in Construction will be about upskilling
A recurring notion that Construction Helpline has always been consistent about, is the importance of pursuing qualifications and gaining fresh skills. A highly qualified workforce is beneficial to any enterprise because colleagues who are aware of the current intricacies of their field, minimise the risk of mistakes that could result in serious losses for the company. Also, this is a prerequisite for passing UK accreditation, licensing,or joining an SRO.
Also, in minimising possible losses, competent estimated pricing in construction should not be underestimated. Improving the skills of personnel in this matter helps to improve their personal effectiveness, increasing the profit of the company. The same is true for designers, network engineers and other key people who are critical to successful prioritization and calculations during the planning phase. For the customer, the professionalism of the managers and the estimate and engineering department of the organization will inspire confidence, loyalty, and a desire to turn to its services again.
Construction Helpline is dedicated in helping every one achieve a construction career of their dreams. Our team will assist you throughout every phase of the qualification and give you all the necessary support so that you that you pass your course, and begin a long, sustainable career. Go onto our website here for detailed information about our construction courses, or speak directly to our team member on 0207 199 9800.