Further evidence of a recovering housing market in Yorkshire has emerged when local housebuilder Barratt Developments revealed a substantial sales boost in the last six months and ambitious plans for the year ahead.
Barratt Group sold homes worth £1.3bln in the final six months of the year just ended.
The outcome provides further evidence that demand in the local housing market is picking up, boosted by the Help to Buy scheme.
Building on the strong local demand, the company said it was aiming to open 15 new sites across Yorkshire in the next 12 months that would bring a total of 1,770 new homes to the area.
A Barratt spokesman said:
“We have had made a lot of changes to the homes we are building and that really seems to be paying off.
“We are building the right homes in great locations”, said a spokesman for Barratt in Yorkshire.
“It is clear that plenty of customers think now is a great time to take their next step on the property ladder.
“The availability and publicity around five per cent deposit, low interest rate mortgages – through schemes such as the Government banked Help to Buy scheme, have helped to create a surge in enquiries.
“Since the start of the New Year we have been extremely busy with buyer enquiries.
“That means we can increase production which is an economic boost for the local area as well.”