More than two-thirds of housebuilders are investing in modular construction, as the sector aims to improve standards and energy efficiency, new research has revealed. The survey by Lloyds Bank of more than 100 homebuilders found that they plan to increase spending on "innovative building techniques" from 20% of turnover to 24% during the next five years. Modular construction leads the way, with 68% of housebuilding firms saying they are investing in the methodology, followed by site-based modern methods of construction (61%), where components are brought together for assembly on site, and panelised systems (56%).
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