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IronmongeryDirect welcome housebuilding initiative

Ironmongery Direct

Housebuilding initiative

IronmongeryDirect welcomes Government plans to provide housebuilders GBP400m to fund 16,000 new homes.

It will be a valuable shot in the arm by the housebuilding community, says IronmongeryDirect, the UK's largest online and mail order supplier of ironmongery products to the trade.

Wayne Lysaght-Mason, Managing Director of IronmongeryDirect comments: 'This is good news for a sector which has faced such a tough time recently and of course great news for our customers, the tradesmen who will be working on such projects.

'However it's also crucial that the banks work together with small and medium size businesses to help provide the best possible package and support during lean times.

We recently secured a new financing deal which has allowed us to invest for future growth but we had to change banks in the process to get the support we needed.

It's important that everyone pulls together to ensure that the gloomy predictions for 2012 are actually brighter'.

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