Change at the top for Hayfield

May 4, 2021
<p><span>Hayfield has appointed Andy Morris as its new managing director, with current md Mark Booth becoming chairman as the business hopes to surpass its turnover target of £100 million for this year.</span></p><p><span>Morris, Hayfield’s former operations director, has been promoted to the post with immediate effect, having worked alongside co-founder Booth since 2006 when he joined the Midlands branch of Banner Homes. In 2011, he was promoted to contracts manager at the housebuilder.</span></p><p><span>After CALA’s acquisition of Banner in 2014, Morris progressed to the role of construction director through other firms. He joined Hayfield in 2018, reuniting with Booth and other former colleagues.</span></p><p><span>As chairman, Booth will focus more of his time on Real Estate Capital Holdings, Hayfield’s parent company.</span></p><p><span>In January 2020, Hayfield secured £85 million of new equity and debt finance, with the Solihull-based business then growing 25% during the year despite “the unprecedented challenges encountered by the industry”.</span></p><p><span>Hayfield said that its target of doubling turnover during 2021 to £100 million “could well be surpassed”, owing to “remarkable” sales during the first four months of this year which have produced an £82 million current order book.</span></p><p><span>The business is set to deliver more than 300 homes across middle England at eight “eco-friendly” schemes.</span></p><p><span>On …

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