RE: We are going up9 Sep 2022 11:13
I work for the Berkeley Group. Generally, sites have extended procurement routes to between 6-18 months, with orders fixed at prices of order, so most cost uplift is also factored in or mitigated. All housing stock sells at least 1 year in advance, and there is a massive push for social housing (which is guaranteed revenue/profit for householders even within a recession). Realistically FY results for hours builders for the next few years will be ahead of expectations.