Spring Roofing Update: What Is In Store For Those Planning Upcoming Roofing Projects?
Maguire Brothers Spring Roofing Update: How has the pandemic affected your favourite commercial roofing contractor, and what is in store for those planning upcoming roofing projects?
As the sector heads away from the grasps of lockdown, and the beginning of the end of the pandemic nears, we’re pleased to say that business is good, enquiry levels are high (partly because of a rebound from projects postponed during the early months of the pandemic) and the future is looking positive.
Whether this growth will be sustained by government policy remains to be seen.
This sector wide buoyance, has had an affect on labour resources and coupled with the large number of European tradesmen having returned home, the pressure of labour availability is growing.
We’ve yet to see for certain if those people returned home to see out the pandemic in a more convivial and cheaper environment and if they will return after the pandemic falls away, or if the Brexit affect will encourage them to stay away. This problem further demonstrates our failure as a nation to train people with the skills we need.
Then there are the issues with the supply of materials.
Concrete interlocking tiles are like Hen’s teeth and we’ve had to travel across the channel to find a supplier for a large 90 unit, re-roofing project we are undertaking for the armed forces. No one in the UK could supply us.
Also, because of a trade war between the USA and Europe there is a shortage of roofing batten and prices are rising. We haven’t seen this affect other timber products but it’s very possible this will follow.
But perhaps the most striking example has been the increase in cost of polyurethane insulation used in flat roofing to form warm roofs, but also used widely throughout the construction industry.
A world-wide shortage of ‘methylene diphenyl diisocyanate’ (MDI for short) has pushed up prices alarmingly. Estimates of where it is likely to end vary between 15% and 30% between January 2021 and May 2021.
You don’t want to get caught on the wrong side of that one.
So overall the prospects look positive but inflationary pressures are gathering which could have a negative impact and our advice to our clients is, place your orders as soon as possible so contractors can order materials and shield you from the inevitability of these price increases. Whilst prices will stabilise, history has told us that very rarely do they come back down.
For more information on the areas raised above or to discuss any upcoming projects, get in touch with the team now.