Pro Installer July 2018 - Issue 64 | Page 22

22 | JULY 2018 News Read online at www.proinstaller.co.uk LOAN BOOST FOR SME BUILDERS The multi-million-pound Welsh Government fund estab- lished to help small builders will boost house building in Wales, according to the Federation of Master Builders (FMB) Cymru. Commenting on the announce- ment by the Welsh Government that it has created a £160 million loan fund for small house builders Ifan Glyn, Director of FMB Cymru, said: “Problems accessing finance limits the ability to unlock stalled sites which is a key barrier for small house builders in Wales, so this announcement is welcome. Welsh Ministers should be rec- ognised for listening to the pleas of FMB Cymru and taking direct action to help local builders build. In Wales, we need to become less reliant on large house builders to build our way out of the housing shortage and measures such as