Developer poised for rise in new homes

House builder outlines target for the year ahead

A leading house builder based in Peterborough says it is planning to build more than 600 new homes across the region this year. Persimmon Homes East Midlands, in Commerce Road, Lynch Wood, says it will continue building in Peterborough, Bedford and Boston.

But the developer also has plans to deliver new homes in Terrington St Clement, Norfolk, and Waterbeach, as the year continues.

Its announcement comes afterthefirmrevealedthat its completion rate last year rose by 16 per cent on the previous year.

Persimmon Homes East Midlands managing director Simon McDonald said: “2016 was an excellent year for the business.

“Our legal completions across the UK increased by 599 new homes to 15,171.

“Into 2017, wehavealready forward sold many homes.”

Simon McDonald, managing director of Persimmon Homes East Midlands.