Housebuilder sees steady progress for 2012
One of the country’s leading house builders is expecting growth at its Buckinghamshire developments to remain steady throughout 2012.
Persimmon Homes Thames Valley believes its quality built homes, combined with various government schemes have helped Buckinghamshire residents take the first steps onto the property ladder and remain in the local area.
Ian Menham, managing director of Persimmon Homes Thames Valley, said: “We’re currently expecting both prices and sales volumes during 2012 to remain similar to those in 2011 as the market remains stable.
“All forecasts are of course dependent on continued economic stability and in this respect our industry is no different to any other.”
Following the success of The Green development in Stoke Mandeville, the Turners Field development in Little Chalfont has provided homeowners with further choice.
Mr Menham, added: “At The Green we expect all properties to be occupied by late spring this year, bringing to a close a development that has delivered much need homes to the area and investment to the local infrastructure.
“Turners Field is also bringing similar benefits to Buckinghamshire with a range of have 2, 3, 4 bedroom homes available at this development, along with 1 and 2 bedroom apartments
“A number of our purchasers have taken advantage of the HomeBuy Direct shared equity scheme, part-funded by the government, and FirstBuy ,the government loan equity scheme to help buyers onto the property ladder.
“The Government has recently announced a series of initiatives to stimulate the housing market. We’re fully supportive of the 95 per cent mortgage indemnity scheme, which we expect to see implemented this spring. This scheme will make a significant impact later in the year, as it will improve mortgage lending for first time buyers.
“We will continue to work with the Government to support the new draft National Policy Planning Framework, which could substantially improve the supply of residential planning consents to address the significant shortfall in new homes construction across the UK.”