Barratt is to build thousands of homes in booming London.Barratt Developments chief Mark Clare today hailed the London property market and outlined plans to build thousands of homes in the capital.
He said: "The London market is the strongest in the country. Even with the economy as it is, demand is outweighing supply." Barratt plans to start building 3700 homes in London in the next six months.
Barrats also reported that the recent bad weather had led to a flurry of online enquiries as it reported stronger first-half trading, adding to hopes the worst is over for the sector.
Online enquiries more than doubled in recent weeks as a countrywide cold snap forced many people to stay indoors or work from home.
"People haven't been able to get to the sites, but the good news is that people have been doing an awful lot of shopping online," said Clare.
"I'd hope that once the snow clears, those people will visit our sites," he said, adding nearly all house purchases now originate from web enquiries, with 4,000 leads on average a week from its websites.
2 comments:
At last the cold spell benefited someone!
The power of embracing the internet!
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