With Brexit closer than ever, the construction industry is in desperate need to ensure that UK construction targets are met. To combat this, firms are urging the industry to, “embrace technology.”

Only 5% of property businesses though, within the industry, feel that they are “technologically advanced.”

Advancements have still been made within the industry though regarding 3D printing. The construction of a house in one of Russia’s harsh winters was completed in less than 24 hours. Not only that, but it also cost less than $10,000 to build!

Despite this though, steering committee member of the UK Proptech Association, James Dearsley stated: “the human touch is still essential.”

“Modular build, or off-site construction, is one that is growing in interest and perhaps more likely in the short term than 3D printing.”

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The introduction of building information modelling is another technology that could aid the industry. Ben Leaver, from the Construction Industry Training Board believes, “this technology – combined with the benefits of off-site construction – would allow for speedier delivery of new housing.”

“This not only allows homes to be built more quickly, but for those homes to be higher quality and more energy efficient.”

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Regentsmead’s head of lending though described that, “the building industry isn’t sexy enough.”

“There are many apprenticeship schemes out there that attract young individuals into learning about various skills that are useful going forward.”

“However, the building industry isn’t sexy enough to attract new young blood in greater volumes.”

“There are only so many skills that can be replaced by technology, but we don’t have anything affordable in place that can be considered mainstream and viable for major house builders and SME builders alike.”

So what do you think? Do you think technology is necessary to save the industry? Let us know in the comments below.

Source: developmentfinancetoday.co.uk

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