Is there an end in sight to the soaring price of building materials?

Expert builder Kieran McCarthy gives his view on where we are now with regard to prices

Timber, pvc, insulation and steel were the key drivers of inflation for much of last year from late spring onwards

Hi Kieran. Can I ask if you see any end to the ongoing increase in the cost of building materials? My partner and I want to build a home on a site on our family farm. We have held off from last year in the hope that prices might come down but with the war in Ukraine, that seems unlikely. Is there anything we can do now to protect ourselves from price increases? Can we purchase materials and keep them on-site until they are needed?

Thanks,