Interest in new homes is soaring

INTEREST in new homes soared during January according to housebuilder David Wilson Homes, with the company reporting that it has had the busiest start to the new year for five years.

The company has traced the pick-up in activity to record online property searches on the David Wilson Homes website during January.

This interest has now been reflected in a surge of visits to local sites and a sharp increase in reservations of new homes. Some local sites are now selling at twice the national average.

Rightmove, the leading property portal, has also confirmed this trend and said that there was a 27 per cent increase in online property searches at the start of the year.

Philip Lacey, sales director for David Wilson Homes East Midlands, said: “We believe that one of the key factors is that savvy customers have worked out it’s now cheaper to buy than rent. We simply can’t believe how busy we are especially at a time when all you hear in the news is doom and gloom. It just feels like the people of Nottinghamshire have decided to get on with their lives.”

He continued: “Recently we opened a site at Papplewick Green and had people queuing outside and were taking reservations for houses that haven’t been built yet.”

As a result of the strong start to the year David Wilson Homes said that by the middle of the year it would have a brand new development open in the Nottinghamshire area to keep up with demand. Once completed, the Sandlands development in Mansfield will provide 129 brand new homes for first time buyers and families.

Philip continued: “Research done by companies, such as Halifax bank, also reveals that buying can actually be cheaper than renting.

“Our job now is to get building and then help customers buy the homes they need – and we have many schemes that do just that.”

David Wilson Homes currently has a number of developments on offer throughout Nottinghamshire which include:

Kings Meadow at Lynton Drive, Sutton and Sandlands, Sandlands Road, Mansfield.

Call the sales hotline on 0844 811 5544 or log on to the website at www.dwh.co.uk