Housebuilder says it has started buying land for development again, as 2010 sales order book stands at 643 homes
Bovis Homes has reported an increase in sales and that it and that it has started buying land again for development.
In a trading update the company said that its sales order book for 2010 already stood at 643 homes, some 218 homes more than the same position in 2009.
The group completed 1,803 homes in 2009, of which 1,527 were private homes, up 25% on the prior year. Of these 276 were social and partnership homes.
Bovis says it anticipates that pre exceptional pre-tax profit will be in line with expectations. And that it continues to expect trading conditions in 2010 to be subdued relative to historical levels, given continuing economic uncertainty and the low volume of mortgages, particularly for first time buyers. However it said longer-term market demand and supply trends remain positive.