Giving commentary to the discussion around residential property market booms and commercial decline in Property Wire, Managing Director Blane Perrotton said “While a loss of momentum in commercial property and infrastructure work dragged down both output and sentiment in the latter part of the 2017, Britain’s house builders continue to buck the trend, posting a sixteenth straight rise in monthly output and injecting a defiant note into an industry which has been hit hard by rising material costs and had its confidence eroded by months of Brexit negotiations. There are some bright spots. Construction firms’ order books are far from empty and on the front line we’re seeing consistent appetite among developers to convert office buildings into residential units under the extended and popular Permitted Development Rights […].