Galliford Try is to buy regional housebuilder Chartdale in a cash deal worth £67 million. The deal will net Try a land bank of 1,350 plots, giving the group a total land bank of approximately 3,900 units. All of the new plots have planning permission, 95% will be developed as houses with the balance to be developed as apartments. Try said it would look to make cost savings by applying best practice as it integrates Lincolnshire based Chartdale into its housebuilding division. Chief executive Greg Fitzgerald said: “This is an exciting acquisition for Galliford Try that we have secured without competition from other housebuilders.” He added: “The acquisition adds significantly to our landbank giving greater visibility to our target of 1,250 unit sales per annum in our housebuilding division.” Shareholders will vote to approve the deal at an EGM to be held on February 15.