The building sector is being urged to be Brexit ready. Image: Eamonn Farrell/RollingNews.ie The building sector is being urged to be Brexit ready. Image: Eamonn Farrell/RollingNews.ie RESEARCH BY THE Construction Industry Federation has raised concerns that Brexit could hamper the response to the housing crisis by making construction more expensive.
Delays in the delivery of materials also has potential to lead to penalties and additional costs that contractors and their sub-contractors could struggle to address. “With house building so tenuous outside the greater Dublin area, even minimal Brexit-driven increases could be the difference between securing development finance or otherwise,” Parlon added.
As well as the potential problems thrown up by an increase in costs, the CIF has also warned that Brexit could pose a problem in the access to skilled workers. “A reduction, however limited, in an already small pool of skilled workers, will cause huge strain in an industry with a decade-long pipeline of activity,” the report states.