Telford Homes predicts another record-breaking year

By Hamish Champ2018-04-18T08:30:00

Strong demand in London bolsters housebuilder

Telford homes

Telford Homes is expecting to deliver an annual pre-tax profit up more than 30% for the year to the end of March 2018.

The spike in profit has been boosted by a three percentage-point rise in operating margin.

And with robust demand for its build-to-rent housing the London-focused housebuilder also predicted turnover will be higher than 2017’s £291.9m, a group record, having also delivered £34.1m in pre-tax profit last year.

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