Keepmoat sees “strong” financial performance

April 22, 2020
<p><span>Keepmoat Homes’ revenue </span><span>increased 8.8% to £649.8 million during its financial year to October 31 2019, with the partnership housebuilder hailing a “strong financial and operational performance”.</span><span></span></p> <p><span>It sold 4,035 homes during the period, a slight lift of 1.2% against the equivalent period in 2018. The affordable average selling price of its properties lifted 7.3% to £161,000.</span><span></span></p> <p><span>Keepmoat said its HBF annual customer satisfaction survey result of <span>87.7% for 2019 was around a 12% improvement and “trending towards a five-star rating”.</span></span><span></span></p> <p><span>Tim Beale, Keepmoat Homes’ ceo, commented that the last 12 months had been “transformational”.</span><span></span></p> <p><span>“As the UK’s leading partnership homebuilder, we continue to focus on delivering the affordable new homes the UK needs, with a focus on first time buyers in parts of the country where there is strong demand. We remain committed to a multi-tenure strategy with our partners, including Homes England, local authorities, registered providers and the Private Rented Sector (PRS).”</span><span></span></p> <p><span>“Like all businesses, Keepmoat has been closely monitoring and responding to the government’s latest guidance in our national response to the COVID-19 virus. As a responsible business, we have taken the decision to close all our sites and show homes.”</span><span></span></p> <p><span>“The group continued to trade well …

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