Housebuilder enjoys one of its most successful ever months

Money

Housebuilder Hill has landed five contracts worth £66m in a month to build over 300 new homes in the south-east of England.

Hill chief executive Andy Hill said the contract haul was one of the firm’s largest in a single month and the largest so far this year.

The largest contract, worth £16.5m, involves the construction of a 160-home development in Northolt for Network Housing Group.

Hill has also won a £16.3m deal to redevelop two estates in Tumbridge Wells for Town & Country Group and an £11.9m contract to deliver a mixed-tenure scheme of private and affordable homes in Orpington for Affinity Sutton.

The housebuilder has also won a £10.6m contract to build 57 new homes in Saffron Walden and a £10.4m deal in joint venture to build 100 homes in Stevenage.

Hill said: “These new schemes will regenerate and promote growth in some previously neglected parts of the South-east, while also providing much needed new housing.

“Winning contracts worth £66million in one month is an outstanding success for our business.”

Hill is active across London and the south-east and is set to complete a 309-home scheme in Colindale, north London, for housing association Genesis by the middle of next year.