Budget 2015: Buoyant Bovis Homes calls on Osborne for more Help to Buy supportComments Off on Budget 2015: Buoyant Bovis Homes calls on Osborne for more Help to Buy support
Home sales rose 3% to a new high of 1525 and the firm expects the full-year figure to top 3500.
A shift towards building more family housing and towards the South also boosted the average selling price by 10% to £264,000.
The Chancellor has already committed to extending the first part of the Help to Buy scheme — offering loans for deposits — until 2020, giving a shot in the arm to the market.
he Government also cut stamp duty bills for the vast majority of buyers in December.
Ritchie said: “We’d like ongoing support for the Help to Buy product, and for the regime that we now have in the planning environment.
“Two really vital things for us as a business are a ready supply of consented land over the medium term and the ability of people to draw a mortgage to buy a house.
“The mortgage market itself is in robust health and Help to Buy is still giving first-time buyers a great opportunity to start home ownership,” he added.