Member Article

Record sales highlight strength of Yorkshire housing market

Barratt Developments Yorkshire West division, which includes both the Barratt Homes and David Wilson Homes brands, has announced record sales - reporting a 19% rise in the number of home reservations year on year from July.

The news was marked by a visit from Barratt Developments Group Chief Executive, David Thomas, so he could witness first-hand the work being undertaken by the division to address the region’s housing shortage.

Reporting record sales and demonstrating the buoyancy of the current housing market, Barratt Developments is reminding potential homebuyers that now is a great time to get a mortgage and jump on the housing ladder.

The division also has another seven developments planned this year and is urging house hunters to take advantage of mortgage rates at record lows, with nearly 1,400 homebuyers doing just that by buying with Barratt Developments in Yorkshire last year.

David Thomas, Chief Executive of Barratt Developments, commented:

“It’s great to see the excellent progress that Barratt Developments’ Yorkshire West division is producing – building the quality homes which our customers want. This is reflected in the recent strong sales performance and the rise in reservation numbers across the region. It was positive to see the Government’s recent announcement of additional funding for the housebuilding sector and with the popular Help to Buy scheme continuing until 2021, this will all help deliver the increase in homes the country needs.”

Ian Ruthven, Managing Director for Barratt Homes Yorkshire West, said: “We’ve seen no slowing of our sales in the region, demonstrating buyers’ confidence in the housing market and the homes we have available. The fact the first quarter of our financial year has been so strong highlights the continued demand for new housing and I would urge those interested in buying a property to look around our local developments and speak to our knowledgeable sales advisors about the mortgage options available to them – now is a great time to buy.

“Our sales were strong in the 2015/2016 financial year, and as these new figures from July to September show, they are showing no signs of slowing down this financial year. Buyers in the region remain confident in the sector and about investing in the property market, and with the Government recently announcing a further £5bn to boost housebuilding in the UK, we only expect this optimism to grow.”

For more information on Barratt Homes or David Wilson Homes visit www.barratthomes.co.uk or www.dwhhomes.co.uk

This was posted in Bdaily's Members' News section by Richard Savage .