The Courier & Advertiser (Perth and Perthshire Edition)
Sales build for Fife firm Muir Homes
Inverkeithing firm has developments under way in Fife, Perthshire, Aberdeen and the west of Scotland
Fife-based housebuilder Muir Homes has achieved its most successful year of house sales in six years.
In a trading update for the 12 months to January 31 2020, the company said it had seen a 34% increase in sales from the previous financial year, selling 165 homes .
The Inverkeithing company also achieved an increase of 32% in housing completions, building a total of 207 new homes compared to 157 in 2018.
Properties at three developments in the Aberdeenshire area made up a quarter of sales. Developments in Anstruther in Fife and Port Glasgow and North Lanarkshire also contributed towards the higher sales.
Average selling prices increased by 4%.
Ash Sheikh, sales and marketing director of Muir Homes, said the company was benefiting from a refocused sales and marketing strategy combined with a new reservation system to speed up the process for customers.
He said: “We brought more sales and marketing expertise in-house and this has driven a higher sales rate.”
He said Muir has a robust pipeline of housing developments under way and at planning stages this year.
In the Central Belt, a second phase of 65 homes has launched in Auchterarder – with 11 already sold.
The company is also planning its first development in Midlothian and a final phase at Port Glasgow in Inverclyde will be launched in autumn.
In Aberdeen, a further 64 new homes will be built at Royal Deeside, together with a new development of 36 properties at Newton of Charleston, Aberdeen.
Mr Sheikh added: “We know which locations work for us, and we have finetuned our house designs to more closely match customers’ preferences.
“I am excited about launching our new developments and building on this year’s success.”