Housebuilder welcomes spring selling season with launch of new homes

News
24/05/2018

Housebuilders in the South West are helping to meet the rising demand for homes in what looks set to be the busiest time of year on the property market.


The spring selling season has started strongly this Easter at Bellway’s South West division – and the housebuilder is planning to meet continuing high levels of demand with the launch of two new sites within the coming months.


The Government-backed Help to Buy scheme is proving particularly popular. 39 per cent of Bellway customers nationally purchased their home with the scheme in the past six months.


The housebuilder, which retained five-star builder status with the HBF (Home Builders Federation) last month based on high customer satisfaction levels, is on track to complete 10,000 homes in the current financial year across the UK.


In the South West, Bellway is planning to meet the local demand for housing by launching two new developments within the coming months – Abbotscroft in Hanham, Bristol, and Tithecote Manor in Bradford on Avon.


New plots are also being released for sale as construction progresses at existing developments in Bristol, Corsham, Bath, Swindon, Tewkesbury and Faringdon.


Tim Lund, Sales Director for Bellway South West, said:

“The phenomenon of the spring selling season looks set to have a noticeable impact on sales this year, with visitor numbers at developments across the region already looking strong, and we are looking to meet this demand with the launch of new homes across the area.

“We’re also seeing continuing interest in the Help to Buy scheme, which can enable prospective purchasers to move sooner – or to a larger home – than they might otherwise have afforded.

“There’s a growing momentum in the market, and I’d advise anyone considering moving home to act now, or they could find they’ve missed out on their perfect place.”


Help to Buy allows purchasers to buy a new-build home with a five per cent deposit and a 75 per cent mortgage. The remaining 20 per cent is provided in the form of an equity loan from the Government, which is interest free for the first five years of homeownership.


More information about Bellway South West’s new homes across the region is available at bellway.co.uk.