Building Quotes, Building tenders, Building companies, all continue to fall.

The UK construction industry continues to see the price of their saleable commodity fall, as the price of building quotes and building tenders continues to fall. The knock on affect of these falls in building quotes and tenders is the fall of many building firms. The long period of uncertainty in the property market and the lack of suitable development funding have lead to many long established building companies falling by the way side.
Data has now confirmed the belief of many of the construction industry professionals that the construction industry sector continued to contract in the last quarter of 2009. Many believe we will leave 2010 before there are any signs of positive growth in the construction industry.
There is no doubt that the construction industries work load has been in decline for some time, many new planning schemes and speculative property developments have been either abandoned or placed on hold. The world of speculative property development is being held to ransom by the banking industry which in turn leaves the builders with nothing to build.