Building material costs: what price changes mean for your project

Understanding rising construction costs and how careful planning protects your home extension budget in the North East.

Anyone planning a home extension or refurbishment will know that the cost of building materials has a direct impact on the overall budget. Over recent years, prices for timber, steel, cement, and roofing products have seen sharp rises — often making headlines. But what’s behind these increases, and what does it mean for homeowners in Newcastle, Northumberland and the wider North East?

Why have material costs risen?

Several factors have combined to push prices higher. The COVID-19 pandemic disrupted global supply chains at the same time as demand for home improvements surged. Brexit added additional complexity, with new paperwork and longer lead times for imported products. Shortages of drivers and labour across the UK construction sector also contributed.

The result has been a “perfect storm” of reduced supply and increased demand — which has inevitably driven up costs. Timber has been one of the most affected, with plywood and structural softwood seeing record price increases. Roofing tiles, cement and steel have also been impacted, with knock-on effects across almost every type of project.

What does this mean for homeowners?

While short-term price rises can feel daunting, the key message is not to panic. Prices in the construction sector have always moved in cycles, and what goes up will eventually settle as supply catches up with demand. For anyone planning an extension or refurbishment, the most important step is to start with a well-prepared design and a clear budget.

At Acre Design, we provide detailed technical drawings and specifications that give builders the clarity they need to price accurately. We also work with trusted local contractors across Newcastle, North Tyneside and Northumberland, who keep us updated on lead times and availability. This reduces the risk of nasty surprises and helps our clients make informed decisions about timing and cost.

Looking ahead

Industry forecasts suggest that while prices may remain high in some areas, supply chain resilience is improving and cost pressures are likely to ease over time. Careful planning — and choosing a design practice that manages the process end to end — remains the best way to protect your investment.

Our advice

If you are thinking about extending or refurbishing your home, don’t delay your plans purely because of headlines about material costs. By starting early, locking in a design, and working with a well-prepared tender package, you will be in the best position to secure fair pricing and move forward with confidence.

Book a complimentary Ask the Expert call with Acre Design to discuss your project and learn how we can help you plan, design and deliver a home that works beautifully for the future.

Book an Ask the Expert call