Business on target says leading South West housebuilder

The managing director from one of the South West’s leading housebuilders says he’s pleased with the performance of the business and believes it’s firmly on track to meet end of year expectations.

Simon Perks, managing director for Exeter-based Persimmon Homes South West says the autumn selling season has seen visitor rates rise six per cent ahead of this time last year and weekly private sales rates rise four per cent.

Speaking as Persimmon plc releases its Interim Management Statement which covers the period from 1 July 2012 to 12 November 2012, Simon said:  “House buyers in our region have been helped by the cost of mortgage loans reducing slightly as lenders access the Government’s Funding for Lending Scheme and pass the lower funding costs through to our customers.  

“The take-up of the Government-backed five per cent deposit NewBuy mortgage product has also helped our region, with a steady increase in customers purchasing a home with a NewBuy mortgage.”

Persimmon has been trading since 1972 and the business operates under three main brands, Persimmon Homes, Charles Church and Westbury Partnerships. The business has recently opened new developments in Exeter, Plymouth and Newton Abbot and welcomed hundreds of visitors to its showhomes across the region.

Concluding, Simon said: “A critical part of our strategy is the continued investment in new land to support the growth of Persimmon within the region in the future.  

“The UK housing market continues to be challenging and mortgage availability remains the key constraint, however we remain confident of the future successful growth of Persimmon in the region.”

For more information please visit www.persimmonhomes.com