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Completions up 28% at builder Countryside

  • 11/10/2017
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Completions up 28% at builder Countryside
House builder Countryside Properties has reported a jump of 28% in completions for the year to the end of September.

In total the firm has completed on 3,389 homes, up from 2,657 properties in 2016. In addition, its private forward order book has grown by 8% over the same period, reaching £242.4m, up from £225.4m.

Countryside focuses its housebuilding efforts on London and the south east, as well as a partnerships business which looks at turning public sector land into housing when working with local authorities and housing associations, in London, the north west and the west midlands.

The firm reported that demand has remained strong for all tenures of homes throughout the year, highlighting that low interest rates and increased demand from first-time buyers, thanks to the Help to Buy scheme, have underpinned sales of properties.

Ian Sutcliffe, the group chief executive, said: “We have successfully positioned our business to meet the strongest areas of customer demand and are greatly encouraged by the continued and increased political support for mixed tenure housing. We see further opportunities for both our partnerships and housebuilding divisions and remain entirely confident in delivering our medium-term growth plans.”

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