Specialist timber frame building manufacturers Target Timber Systems have in the last 10 days been instructed to commence work on two projects with a combined order value of £2 million. The mixed developments of houses and apartments, one in Oxford and one in Folkestone are due to commence timber frame erect December this year, both projects are for existing clients of Target with Folkestone being the last phase of an ongoing development.
Targets Timber Systems joint managing director Nick Whittle told us,
“These speculative developments not only demonstrate our customers confidence in Target but in the housing market in general. I know house sales are slow in some areas at the moment but I genuinely believe that there is a pent up demand for new housing in all sectors (which is reflected in the amount of enquiries we are receiving before 2020 starts) and once the political landscape is clearer I can see demand for timber frame building systems outstripping our industries ability to supply (again).”
There is a lot of activity in the timber frame manufacturing sector at the moment, Barratts recent acquisition of Oregon Timber Frame and giant building material supplier Saint-Gobain’s acquisition of Scott Frame. Persimmon continue to be successful with their manufacturing company Space4, with Countryside, Berkeley, and many others also looking at off-site building manufacturing solutions as part of their future growth, maybe a market to watch!