New data collected by Savills for the British Property Federation has highlighted that, despite the ‘broken’ UK housing market, the capacity remains for new homes to be constructed and planned at great speed.
According to the research, there are now almost 96,000 build-to-rent homes complete, under construction or in planning, showing a 40% jump on the figures from earlier this year.
Contractors are leading the rapid growth, with many joining in the race to supply private rented housing and 19% of planned rooms directly developed by building firms.
For contractors in a time of sudden and unexpectedly fast growth, it can be a time to make a lot of money. Without the right software in place, however, it can be easy to let multiple new projects run out of control, over budget and well over time.
With housebuilding specific software, you can not only easily stay abreast of a number of projects, covering everything from project updates to costings and invoices, but also plan ahead for future growth – or even a stalling economy.
A program like Eque2’s Housebuilding lets you use real-time information to analyse past projects and forecast more accurately for future ones; just because the industry looks promising doesn’t mean you should get complacent!
Housebuilding software increases speed, efficiency and accuracy at every stage of any project, from land acquisition to customer after-care services. Having one solution to manage every aspect of the housebuilding process, uniting your team and boosting productivity, means you can maintain your competitive advantage by staying on top of multiple and complex projects.
Eque2’s Housebuilding software not only allows you to create accurate budgets with ease, but also enables you to take better control of all project costs and monitor budgets to ensure you don’t exceed them. The software can also integrate with your website providing you with the capability to easily communicate with customers throughout the buying process and provide support beyond this.
To find out more about how Eque2 software can help you manage a sudden onset of work head to the Housebuilding page.