Survey reveals high industry expectations for the rest of 2015
April 2015

Nearly 80% of builders and installers think the industry will see more growth this year than last, according to a survey by LB Roof Windows and Insight Data, and virtually all the remainder thought things would stay the same rather than get worse.

Nearly 60% thinks mortgage affordability will have a positive effect on the number of jobs in 2015, leading to a kick-start of long postponed home improvement projects. However, more than a third (37.5%) do not believe the ‘don’t move, improve’ trend will slow down, as the current housing shortage means old properties will have to be renovated anyway.

Partnering with Insight Data, the leading provider of market intelligence for the window and construction sectors, LB Roof Windows emailed 12,000 builders and installers with the purpose of “taking the industry’s pulse”.

LB Roof Windows sales director, Adrian Cooper, said: “These results show incredible confidence in the economy and, after years of battening down the hatches, it’s great to see businesses in the window and building sectors thriving again.

“The figures are also confirmed by our own surge in sales of roof windows, flat roof domes and accessories over the first quarter of 2015. We doubled our storage space at the beginning of the year with the addition of a new industrial unit in order to make sure we meet our customers’ growing demand for these products.

He concluded: “Our market research also showed that companies in our industry expect home improvement spending to increase this year – 75% of the respondents, while a quarter of those taking part in our survey believe it will maintain at the levels recorded in 2014. So an all-round positive response.”

www.lbroofwindows.co.uk