Completions at Linden Homes are up 7% in the year to the end of June, parent company Galliford Try announced in a trading update today (July 11).
Total completions for the year - including in joint ventures - reached 3,296 with sales rates strong in the second half of the year at 0.68 units per site per week, up from 0.56 in the first half . Average private sales price was up 6% to £354,000.
The firm says that Linden is expected to deliver further volume growth and improvement in operating margin in the next year.
GT's Partnerships and Regeneration operation also saw revenue and margin improvements in the year and is looking to "enhance its position to benefit from the demand for affordable housing".
