Development Finance Today: ‘Last minute procurement is simply not an option’ warns development lender over material price hikes

Commenting in Development Finance Today‘s recent feature on the topic of material shortages and price hikes within the development industry, Andrew Pinfield, head of risk at Maslow Capital said:

“It’s well documented that despite the challenges of Brexit and Covid, the UK is experiencing a construction boom, with developers facing significant price hikes in certain materials, such as steel, timber and concrete. Maslow continues to back developers and projects with strong professional teams and a cogent strategy to procure and programme these items. Last minute procurement is simply not an option.”

For the full article and further insights from Maslow’s director of portfolio management, Ben Colling, click here:

Related Insights

Roundtable Discussion: Identifying technology that will improve the property development finance process
Team News, Opinion Pieces, News
19th May, 2021
GDV and the impact COVID-19 is having on valuations: LinkedIn poll results and Maslow’s view
Opinion Pieces
17th Sep, 2020