Leading Essex developer, Weston Homes has announced rapid company growth over the last 12 months due to the buoyant property market and excellent sales success. The company has increased its staff by 25% and has 70% more active sites now than the same time in 2013.
The award winning developer employed 63 new staff in the last 12 months and plan to recruit many more.
Bob Weston, CEO of Weston Homes commented: “The property market has undergone considerable change and improvement over the last 12 months for both new build and resale homes and we expect this to continue throughout 2014.
“With the banks beginning to lend again and Help to Buy remaining popular, there is a stronger demand for property now, than in the last six years. We have launched four new developments in the last month alone, many of which have already nearly sold out.”
“Having secured £100 million of financing with HSBC and Lloyds TSB under preferential terms, we have been able to plan expansion of the business and regionalise Weston Homes, enabling us to invest in new sites in 2014.”
The regionalisation of Weston Homes has allowed the company to accommodate the increasing demand for new homes and restructure the construction, sales, technical and commercial departments into three key regions, North, South and East.
Bob added: “We anticipated that the market was going to pick up in early 2013 and took the decision to regionalise Weston Homes, ensuring that quality and standard remains high and allowing us to accommodate further future growth.
“Our remit has expanded from Essex into Kent, Hertfordshire and Central London and we plan to continue to expand, with expectations to double in size in the next 2-3 years, when we will then review our expansion programme. We are expecting a positive future for the company.”
Established in 1987 and lead by Chairman & Managing Director Bob Weston, Weston Homes is a multi-award winning residential-led developer which undertakes new build, restoration, conversion and mixed-use projects on brownfield-land sites in inner London and the Home Counties around the capital.
With over 25 years of experience in the residential property market, Weston Homes has also established a pedigree for undertaking complex restoration and conversion projects for important Victorian and Edwardian buildings, often listed by English Heritage, that previously served as country estates, local authority or commercial buildings
Current projects recently launched by Weston Homes include, Stratford Riverside, East London, Aura, Edgware, Willows Grove, St Albans and Park View, Hornchurch.