Persimmon Homes Anglia reports rise in buyer interest

PUBLISHED: 09:47 02 March 2011

Persimmon Homes, Harleston 

Photo: Nick Butcher
For:  EDP Business
Archant © 2009
(01603) 772434

Persimmon Homes, Harleston Photo: Nick Butcher Copy: For: EDP Business Archant © 2009 (01603) 772434

Archant © 2009

Regional home builder Persimmon Homes Anglia is on target to maintain sales levels this year buoyed by continued demand for family homes.

Andrew Fuller, managing director of the Lowestoft-based firm, said he had seen a rise in interest for new homes in 2011, with two, three and four-bed houses proving particularly popular.

He said the company was on target to sell 400 units across Norfolk and Suffolk this year, a similar number as in 2010, when the firm saw a slight improvement in sales and prices overall.

His comments come as parent group Persimmon Plc reported a 10.5pc increase in revenues to £1.57bn in the year to December 31.

The group completed 9,384 units, up more than 400 on 2009, with average selling prices up 5.7pc at about £167,200.

Turnover figures for the Anglia business, which employs 80 staff plus self-employed contractors, have not been made public.

The regional operation has nine main sites, including in Carlton Colville, Harleston, Long Stratton, Diss and Sudbury.

Mr Fuller said sales had been depressed by financial institutions’ unwillingness to provide mortgages, but said interest among potential buyers was at a high.

He said: “The ability to borrow money is not what it used to be, but we are certainly seeing a further improvement in visitor levels and reservation rates so far in 2011.”

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