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Yes, material costs are a bit bonkers at present. Timber, ply, cement, steels are all well up. My builder re-quoted back in Feb. I ended up doing some value engineering to get it back down , but it was still above the original 2020 quote. Is the 3.5k for timber alone? Seems very steep if so. If that's the full build, steels, other materials, labour increases etc. then that could be right
chrismanc-
Yeah that's the total additional cost on top of the original quote.
I was reading an article on this the other week and thought it might effect our build and so no real surprise just annoying as it eating into our contingency. Looks like I'll be doing more of the decorating than I had originally planned!
motman
We've got a loft conversion booked in to start in September. I just had the building company get in touch to say that due to unprecedented rises in material costs they are going have to up the initial quote by 3.5k or have to pull out of the project! Apparently the cost of timber has risen by almost 20%. Anyone else seeing this effect their own projects?