Property News | Timber rising not falling

Browse By Subject

Money

Property

Social

Professional

Timber rising not falling

Wednesday, May 27, 2009

Source: Catherine Deshayes

Results for the 2008 trading period have revealed that the timber frame construction sector managed to record a period of growth in the UK despite difficult housing conditions, according to the UK Timber Frame Association....

Timber frame construction now has a 25 per cent hold of the market. This sector has seen a rise in market share for the tenth year running, despite conservative estimations, and has grown from eight per cent in 1998 to 25 per cent last year.

It is thought that affordable housing has been a major contributor to the increase. The statement also revealed that in Scotland the market share for timber frame construction has reached a 75 per cent level, and this is showing no sign of slowing.

Geoff Arnold, Chairman of the UKTFA and Managing Director of Pinewood Structures Ltd, said, "The timber frame industry in the UK has continued to show its strength, resilience and maturity in 2008 despite these difficult times for homebuilding and the housing market.

"Timber frame is the right building solution for now and the future as it has the ability to comply with and exceed current forthcoming building regulations. Timber frame also performs better than any other building material in meeting the need to build sustainable homes and the speed and efficiency of construction delivers the best economic solution for customers.

"When the economic upturn comes and the urgent need for fast, sustainable building becomes even more critical, timber frame looks set to be the number one choice. The timber frame industry can look to the future with real confidence."

Source: www.hotproperty.co.uk