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Bellway establishes a 19th divisional office; HOUSEBUILDING.

Byline: COREENA FORD coreena.ford@ncjmedia.co.uk

HOUSE builder Bellway has opened a new regional base in the North East to boost its growth strategy.

Bellway Homes has chosen offices on Morton Palms Business Park in Darlington, County Durham, to establish its 19th divisional office.

The group, which began life in Newcastle more than 50 years ago, now trades throughout the UK, with divisions spread between the central belt of Scotland down to the south coast of England and across to Wales.

The Newcastle-headquartered firm first announced plans to expand in June, as it issued a trading update for the period from February 1 to June 5 detailing a continuing strong trading performance.

Heading up the new Bellway division, managing director John Barnes said: "Bellway has enjoyed a very successful year.

"The opening of this new division is a testament to the confidence we have in the housing market.

"Currently we are able to offer buyers a broad selection of homes across five initial developments in Stockton, Redcar, Middlesbrough, Hartlepool and Guisborough.

"Our land buyers are constantly searching for suitable development locations and moving forward we will be wanting to expand the number of developments in order to respond to the demand for new homes. Our strategy is to continue to identify sites in popular locations where we are able to offer buyers a personal service and a wide selection of high-quality new homes at competitive prices which are located in close proximity to established amenities." Bellway expects housing completions for the full year to July 31 to rise by at least 10%, and as of June 5 the firm had a substantial order book with a value of PS1.293bn, up from the PS1.270bn as of May 31, 2015.

Demand for affordably priced homes remains healthy and bosses say the market remains robust. The new Darlington office adds to offices in Yorkshire and the North West, as well as the Newcastle headquarters and the North East divisional office in Gateshead.

Bellway Durham's developments include Queensgate in Stockton, Enfield Mews in Guisborough, Stainsby Hall Park in Middlesbrough, Elwick Grove in Hartlepool and Scholars Park in Redcar.

Our strategy is to continue to identify sites in popular locations and offer competitive pricesJohn Barnes

CAPTION(S):

John Barnes, left, and his Bellway team at the new Darlington base

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Publication:The Journal (Newcastle, England)
Geographic Code:4EUUK
Date:Sep 16, 2016
Words:388
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