Housing provider reports record month for new build receipts
Published by Max Salsbury for 24dash.com in Housing and also in Development
Housing provider Orbit Homes has reported strong new build figures for the end of 2013, with monthly sales receipts passing £4 million for the first time in October.
With 23 shared ownership and 11 market sale completions, Orbit brought in £2.2m above expectations in October. Original sales targets for the division had been set at £635,710 for shared ownership and £1.1m for market sale properties.
Chris Craig, sales director, said: "The sales receipt for October 2013 exceeded all expectations and evidences a strong demand for high quality, affordable housing products.
"We are committed to providing a full range of home rental and ownership options to optimise housing choice for current and potential customers. We hope to see a continuation of high sales receipts so that we can continue to re-invest our surpluses to build more new homes."