Wednesday, 28 May 2014

London property developer Telford Homes sees profits double


Construction industry | The Guardian

London property developer Telford Homes sees profits double

Homebuilder's announcement follows spectacular results for Barratt, Bovis and Persimmon

The London property developer Telford Homes has seen its profits more than double in the latest sign of surging demand for bricks and mortar in the capital.

Telford Homes is the latest homebuilder to benefit from the mismatch between demand and supply in London, with Wednesday's announcement of bumper profits following spectacular results from Barratt, Bovis and Persimmon earlier in the year.

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