'Good news' sites are reopening, says Twenty7Tec

Twenty7Tec, the mortgage technology provider, has come out in support of housebuilders beginning to reopen sites.

Taylor Wimpey recently announced its sites in England and Wales, will soon be reopened with new site protocols.

Subcontractors are set to start back on May 11th in strict compliance with social distancing requirements.

James Tucker, CEO at Twenty7Tec, said: “It’s good news that some of the housebuilders are beginning to open sites again.

He added that the knock-on effects further down the supply chain would be reduced, as the pool of new build houses begins to increase again.

“New builds are capable of being valued from desktop, and of course are vacant possession, so we’ve seen that part of the market fare better than some others over recent weeks.

“Hopefully, we can begin to manage a safe return across the whole range of the market from housebuilders to estate agents, and mortgage providers to removals companies.”

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