If you’re considering a home improvement project this year, recent global trade developments could impact your budget—whether you’re planning an extension, loft conversion, or full renovation.
While new U.S. import tariffs don’t directly affect the UK, their global ripple effects may influence material availability and pricing here at home. Understanding what’s happening—and how to respond—can help you stay ahead and avoid unexpected costs.
What’s Changing with Global Tariffs?
In early 2025, the United States introduced significant import tariffs: 10% on most goods and 25% on steel and aluminium. These measures are expected to disrupt global supply chains and shift pricing worldwide as suppliers adapt and trade routes are restructured.
Although the UK hasn’t implemented similar tariffs, these changes could still result in supply bottlenecks, delivery delays, and price volatility—particularly for imported construction materials.
Will This Affect Building Costs in the UK?
Potentially, yes. The extent of the impact depends on the specific materials and suppliers involved. Here’s what homeowners should consider:
- Rising Demand: Materials like steel and timber may see price increases due to heightened global demand.
- Supply Redirection: In some cases, excess stock may be diverted to the UK, temporarily lowering prices.
- Market Uncertainty: Most concerning is the unpredictability, which may prompt builders to increase quotes or extend lead times.
How to Protect Your Renovation Budget
While you can’t control international trade policy, you can take steps to manage your project costs effectively:
- Compare Multiple Quotes
Don’t go with the first builder you find. Prices can vary significantly—getting multiple estimates can save you thousands. - Act Early
Lock in current prices before further fluctuations affect availability or cost. - Request Fixed-Price Contracts
Choose builders who offer transparent, fixed pricing to avoid budget surprises later on.
Easily Compare Trusted Builders with NABC
At NABC, we connect UK homeowners with three competitive quotes from thoroughly vetted local builders—quickly and without the stress. Whether you’re just starting the design phase or ready to build, we make it easy to find the right professionals for your project.
