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New home and part exchange transactions up 15%

Date online: 20/08/2015

Bovis and Persimmon reported increased half-year sales of 2.5% and 7% respectively.

Rosemary Edwards, head of residential development at Shulmans LLP, said:

“These figures back up what we’ve seen on a wider industry level, with a 15 per cent increase in new home and part exchange transactions in the last 12 months. We’ve seen growth across our housebuilder client base, including national companies like Barratt and David Wilson Homes, regional house builders such as Harron Homes and Duchy Homes, and social housing providers like Home Group. Shulmans currently handles approximately 2,000 of these transactions a year, meaning that our figures provide a representative snapshot of the wider-industry, which is good news all round for the house building sector."

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