The independent house builders behind Swindon’s Broad Blunsdon Heights development, Newland Homes, has announced record figures for last financial year, achieving a turnover of £50 million, with profits before tax of £6.5million.
With 2016 also being their 25th year of business, Newland Homes also been named one of the region’s top 25 fastest growing businesses according to year-on-year growth by South West Business magazine. They are also bucking the trend reported recently in the national press that small housebuilders are being stifled by planning red tape.
Last year, Newland Homes had 13 live sites across the South West and completed the sale of 186 plots – 110 of these on the open market and 76 were affordable homes.
This includes the launch of Broad Blunsdon Heights, Newland Homes’ unique collection of homes incorporating the best of modern design and traditional features, with all homes boasting a detached location in large plots. Newland Homes is also looking forward to continuing its excellent relationship with the town of Trowbridge with an application for 82 homes on the site of the demolished council offices at Bradley Road.
David Foreman, Newland Homes managing director, said: “2016 was, thanks to all our efforts, a fantastic year for sales, land purchases, planning permissions and construction.
“The future is bright and, subject to no major issues around Brexit, we are confident that our well-established, long serving, loyal team, combined with our very welcome and much needed new recruits, will see us continue to build our brand and reputation.
“This year has already got off to a flying start and we plan to continuing building and growing on the success we have already achieved in our 25th year. With exciting developments across the region, including Whitebridge Gardens in Thornbury, Broad Blunsdon Heights in Swindon, Oakfield Road in Frome and Cotswold Edge in Mickleton, we have properties to suit all types of homebuyer.
“We’re also planning for success in 2018, with the forthcoming start of further developments in Bideford, Stroud and Hempsted, as well as expanding into new areas including Chipping Sodbury, Twyning, Evesham, Barnstaple, and Cheltenham.”
