Introduction:
At the end of 2024, Glenigan released its latest construction industry forecast for 2025-2026, and the future of construction looks very promising. The construction industry is set to be on the road to recovery and several sectors will see a substantial uplift, including the private sector, which is forecasted to be up 15% by 2026.
Several factors have contributed to this uplift, including improved household incomes, easing mortgage rates, increasing office refurbishment work, public sector investment, and the gradual recovery in private housing.
In this blog, we will examine the private housing sector forecast for 2025-2026 and how OFP Timber Frame can support developers during this period of growth over the coming years.
Glenigans Forecast 2025-2026
According to the recent construction industry forecast released in November 2024 by Glenigan, the industry is set to recover in several areas, including the private housing sector.
Private sector project starts began to stabilise in Q4 of 2024 as private sector investors and consumers began to gain confidence.
It is projected that there will be a ‘gradual recovery in private housing starts during 2025 and 2026 as housing affordability improves and economic outlook brightens’. The private housing sector is forecasted to have the highest value of project starts in 2025 and 2026, demonstrating a growth of up to 15% by 2026.
The southeast of England has the highest value of private housing projects securing planning approval.
Timber Frame for Private Housing Projects
OFP Timber Frame is based in Sandwich, Kent, in the heart of southeast England. We support private housing developments across Kent and the home counties. We are very optimistic about the construction industry’s recovery in 2025 and are ready.
Developers choose to build private housing projects in timber frames for several reasons, including their sustainability benefits, speed of delivery, cost-effectiveness, and accuracy and precision. These benefits are achieved through modern construction and offsite manufacturing methods.
Our purpose-built factory is built for efficiency, speed and accuracy, resulting in one house being produced in our factory within 3 hours, including the trusses and joists.
Our Private Housing Development Projects:
Job Name: Cranleigh
Location: Surrey
Quantity: 118 timber frame units
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Job Name: Conningbrook
Location: Ashford, Kent
Quantity: 300 Timber Frame Units
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We offer comprehensive support to housing developers throughout the UK, with a particular focus on Kent and the home counties. Our streamlined process begins with the architect’s drawings, allowing our experienced OFP team to manage all subsequent requirements seamlessly. Learn more about our process of working with developers.
Do you have an upcoming development in 2025 or 2026?
Get in touch with us now.
Contact
T: 01304 613298
E: info@ofptimberframe.com