Building materials prices affected by Red Sea vessel attacks, reducing availability

Building materials prices on a housebuilding site with a builder in a high-vis jacket and jeans moving building blocks
Building materials prices and availability have been affected due to the ongoing attacks on vessel ships in the Suez Canal (Image credit: Getty Images)

Building materials have seen declining availability due to the ongoing attacks on vessels in the Red Sea disrupting trade routes.

According to government figures the average cost to build a house rose 0.8% from February to March whilst repair and maintenance costs rose 0.6%.

Joseph Mullane
News Editor

News Editor Joseph has previously written for Today’s Media and Chambers & Partners, focusing on news for conveyancers and industry professionals.  Joseph has just started his own self build project, building his own home on his family’s farm with planning permission for a timber frame, three-bedroom house in a one-acre field. The foundation work has already begun and he hopes to have the home built in the next year. Prior to this he renovated his family's home as well as doing several DIY projects, including installing a shower, building sheds, and livestock fences and shelters for the farm’s animals. Outside of homebuilding, Joseph loves rugby and has written for Rugby World, the world’s largest rugby magazine.

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