inflation

Building maintenance costs are set to increase 15 per cent by the second quarter of 2030 according to the latest Building Cost Information Service 'All-in Maintenance Cost Indices' with cleaning costs expected to rise by 24 per cent over the same period fuelled by wage growth.

Tender prices increased by an estimated average of half a percent between 4Q 2024 and 1Q 2025 according to the latest data from the Building Cost Information Service (BCIS).

Tender prices for civil engineering projects in the UK rose an average of 1 per cent in the final quarter of 2024 according to the recently convened BCIS Civil Engineering TPI Panel.

Building costs will increase by 15 per cent over the next five years with tender prices rising 20 per cent over the same period according to the latest construction forecast data from the UK's Building Cost Information Service (BCIS).

Senior commentators from the property sector comment on data showing inflation remained steady at the Bank of England's target rate of 2 per cent in June.

Nathan Emerson, CEO of Propertymark, comments on the UK Office of National Statistics' latest Price Index of Private Rents (PIPR) report for May 2024 which addresses pr

Senior figures from the built environment sector comment on the latest UK inflation figures and worse than expected Labour Market Statistics from the Office of National Statistics as the IMF downgrades the country's economic growth forecast.

David Hannah, Group Chairman of Cornerstone Tax, explains why the UK's Buy-to-Let mortgage market isn't working for tenants or landlords. According to the latest data from Cornerstone Tax, 15 per cent of landlords are considering selling up due to rising costs associated wit

Karl Horton, chief data officer at the Building Cost Information Service (BCIS), considers the outlook for the UK's construction sector in 2024.

Construction costs are expected to rise by just over 3 per cent in the 12 months to Q3 2024 with tender prices increasing by just over 2 per cent according to projections from the Building Cost Information Service (BCIS).

Tom Brown, Managing Director of Real Estate at finance provider Ingenious, comments on Halifax data showing falling UK house prices for a sixth consecutive month,

Cornerstone Tax chairman David Hannah comments on data from Knight Frank suggesting UK rents could rise by 22 per cent over the next five years.

Global consultancy and construction group Mace has announced no change to its tender price forecast for the third quarter of 2023, citing positive as well as negative cost considerations.

Two leading commentators give their perspective on a recent analysis showing a fall in the number of residential mortgage products available in the United Kingdom.

Kseniya Savelyeva, Indices Manager at the Building Cost Information Service (BCIS), comments on the organisation's most recent quarterly survey of housebuilders in the United Kingdom.

David Hannah, Chairman of Cornerstone Tax, considers the impact of the increase in the pension savings annual allowance and removal o