New Year Sales Top £4.6 Million For New Homes Developer In Early 2013 Success
26 Feb 2013

WITH Linden Homes celebrating a successful start to 2013, the award-winning developer says now is the perfect time to invest in bricks and mortar.

The company, which has its head office in Peterborough, has celebrated £4.6 million in property sales for the month of January alone – and predicts much of the same for the rest of the quarter.

The award-winning house builder, which has developments in Cambridgeshire, Northamptonshire, Nottinghamshire, Leicestershire and Lincolnshire, sold 25 new homes during the month of January, part exchanging a further 14 properties.

And February has seen even great activity.

This is a continuation of an already highly successful few months for the region – which has helped to contribute to the company’s overall statistics of:

  • A record 1,364 completions from June to December 2012 – up on the same period for the previous year (1,352)
  • A four per cent rise in total sales of £544 million.

Many home hunters have and continue to reserve their brand new property from plan at a number of developments, securing early release prices.

Developer and government-led incentives are continuing to offer assistance to those either looking to move up or onto the housing ladder – as more and more purchasers made Linden Homes their builder of choice.

A rise in consumer confidence resulted in a steady rise in the number of visitors to new homes developments across the UK during the last quarter of 2012, according to the House Builders Federation (HBF).

Lending to first time buyers and existing homeowners rose by 16 per cent and 12 per cent respectively – with Linden Homes sharing in this trend.

The good news comes in the wake of a recent national report suggesting that house prices will rise by 14 per cent over the next four years to reach a record high.

Economists say the property downturn is over and claim that the average British home will be worth more than £200,700 in 2017 – up from the current value of £176,000.

Rising demand coupled with a lack of supply will cause the increase in prices, according to the Centre for Economics and Business Research.

But with a healthy build programme at locations around the region - coupled with excellent incentives to curb the cost of moving – now is the perfect time to snap up a new home ahead of the predicted soar in prices – says Linden Homes.

Sales director Chris Roads said: “During January and early February we have seen on average a house sale per day – evidence that demand for new homes continues to thrive for Linden Homes.

“Some potential purchasers may now be worried by the prediction of a rise in house prices. However, by talking to us about their requirements and seeing how we can help them through a range of incentives – now may be the perfect time to buy that new dream home.

“Buying at today’s prices will be an investment for the future, and a great way to watch your money grow if the predictions are to be believed.”

-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, Vistry Ventures 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.

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