The cross-party group of parliamentarians will look at the specific finance issues faced by small and medium-sized firms

SME builder

The all party parliamentary group for SME housebuilders has launched an inquiry into the difficulties smaller developers have in accessing financing. 

As well as the effects of the current economic climate, the APPG will also examine planning delays, stretched funding and modern methods of construction. 

North west-based accountant Cowgills, along with SME lender Aldermore, have jointly funded the inquiry by the APPG, which is chaired by MP Andrew Lewer. 

Lewer said: “SME house builders are vital to the UK’s ability to deliver a housing stock that meets our needs, and policy makers and financiers are fully aware of the need to ensure their ability to operate in this challenging economic climate.

“Hearing from the industry directly is an important piece in the puzzle, so I invite businesses and individuals to get involved and give us as much information as possible.”

The parliamentary group is now gathering evidence from organisations and individuals working in the SME sector and will welcome submissions until Sunday 26 March. It expects to publish a report with policy recommendations later this year.