Buoyant housing market results in record sales for Barratt Developments Yorkshire West

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

The division, which also has another seven developments planned this year, is urging house hunters to take advantage of mortgage rates at record lows.

Last year, Barratt Developments helped nearly 1,400 homebuyers got on the property ladder with in Yorkshire.

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, added: “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.”