Developer Linden Homes Midlands is celebrating an exceptional start to 2016 – selling a staggering £13 million worth of property in the first six weeks of the year.
This is more than double the amount in sales experienced during the same time period last year.
The company, which has its head office in Peterborough, achieved 73 reservations on new homes during January and the first half of February, compared with 34 for the same time in 2015.
Choice, quality and affordability have contributed to the success, with the sales – at the rate of an average of 12 per week - demonstrating continued buoyancy in the housing market.
In an unprecedented January, the company sold 55 homes. Many of these early reservations have been made through the popular Help To Buy initiative and / or off plan as savvy customers recognise the many benefits of reserving their home from the drawing board.
Part exchange has also played a large part in the number of sales, helping homeowners with an existing property to achieve a hassle-free move to a dream home or location of their choice.
In addition, some sales come as a result of existing happy customers recommending the house builder to a friend. The current percentage of customers who would recommend Linden Homes Midlands to a friend is 93 per cent.
Stylish and practically designed homes at exciting developments in desirable locations is the attractive and winning formula for buyers making what is arguably the biggest financial decision of their lives, says Linden Homes Midlands managing director Mike Coker.
Figures released by Linden Homes Midlands show 228 reservations from the start of its financial year in July 2015 to mid-February 2016 – equating to £52 million worth of business.
Again, this is a huge improvement of the previous year’s figures, which were 137 and £27 million respectively.
And with more developments due on stream during the year, coupled with possible new land opportunities - the award-winning house builder predicts much of the same for the foreseeable future.
Linden Homes currently has developments in Bedfordshire, Cambridgeshire, Northamptonshire, Leicestershire and Lincolnshire.
Managing director Mike Coker said: “We had an unprecedented January and into the first part of February, and the figures are evidence that demand for new homes continues to thrive.
“Many home hunters have, and continue to reserve their brand new property from plan, securing early release prices as well as taking advantage of the incentives on offer to first time buyers and existing homeowners.
“Buying at today’s prices will be an investment for the future, and a great way to watch your money grow. We are delighted that our customers continue to be inspired by our homes and our locations, and that we in turn can offer some great incentives to help them achieve their dream.
“In addition, we continue to explore land opportunities in our current operating region and further afield to grow and expand the business, which will provide yet more choice for home buyers and investors.
-ENDS-
For further press information please contact Cetti Long at Media Matters on 01733 371363 or email cetti@mediamatters-pr.co.uk
References to “we”, “us” or “our” are to the part of the Vistry Group (including Linden Homes, Bovis Homes, Countryside Homes, Drew Smith or one of Vistry’s joint venture companies) from which you are intending to purchase a new home. References to "you” and “your” are to the prospective buyer or buyers of a new home from us.
All images are used for illustrative purposes only and are representative only. They may not be the same as the actual home you purchase and the specification may differ. Images may be of a slightly different model of home and may include optional upgrades and extras which involve additional cost. Individual features such as windows, brick, carpets, paint and other material colours may vary and also the specification of fittings may vary. Any furnishings and furniture are not included in any sale. Please check with our sales consultants for details of the exact specifications available at the development(s) for each type of home and the associated prices.
