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Barratt: Strong demand for newbuild

Sarah Davidson

May 14, 2015

The builder expects total completions for in 2015 to be in the region of 16,000, ahead of previous expectations and a 9% increase on the previous year.

Demand for new housing is spread across the country and not just in the South East, said the results, while the group also confirmed it is making progress on securing strategic land with 9,900 plots approved year to date and continue to target a 4.5 year land bank.

Helal Miah, investment research analyst at The Share Centre, said: “We believe that demand for housing means house builders will continue to do well in the short to medium term, supported by the ongoing housing shortage, attractive mortgage rates and government policy.”


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