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Housing market confidence could be good news for builders

Stable confidence levels when it comes to the housing market could be good news for those in the building trade.

The 14th quarterly Property Tracker survey conducted by the Building Societies Association (BSA) has revealed that faith in the sector is relatively steady.

Despite the bleak economic outlook, 44 per cent of those questioned by the organisation said they felt it is a good time to buy a home, up from 41 per cent in March.

Paul Broadhead, head of mortgage policy at the BSA, said: “Many people believe that it is currently a good time to buy and about one in eight (12 per cent) will be looking to enter the market or move in 2012, especially in London.”

Confidence in the housing market might be a crucial factor for builders, who could win more contracts for new projects in times of high faith.

Builders may also be required as part of the Department for Communities and Local Government £71 million scheme to regenerate some of the UK’s streets that have fallen into disrepair.

If you’re looking for a quality builder in your local area, we can help you find one. Post your job on RatedPeople.com and we’ll put you in touch with up to three tradesmen. Read their reviews and ratings online and select the right one for you and your job. That way you’ll know that you’re employing an expert who you can trust.

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