Telford Homes Plc expect more build to rent transactions as institutional demand continues to grow

October 11, 2017

Telford Homes Plc  the London focused residential property developer, today provides a trading update ahead of its interim results for the six months ended 30 September 2017  which will be released on Wednesday, 29 November 2017.

Leading the highlights section they state: The ongoing acute need for more homes to buy and rent in non-prime areas of London continues to underpin the Group’s longer term growth plans.

Telford Homes Plc reveal they are on track to exceed £40 million of profit before tax for the year to 31 March 2018 in accordance with market expectations.

Jon Di-Stefano, Chief Executive of Telford Homes, commented:

“Telford Homes is operating in affordable locations across London and has an excellent reputation as a trusted partner delivering high quality homes.  We are focused on reducing risk through forward sales, limiting our need for external debt finance and delivering higher capital returns and this fits perfectly with our strategic move into the build to rent sector.  I expect more build to rent transactions as institutional demand continues to grow alongside continuing open market sales at our well located developments.  Our ultimate belief in what we do is underpinned by a chronic lack of supply and we expect to deliver more of the homes that London needs in the coming years.”

Read Telford Homes Trading update 11th October 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Housing Insight Report – April 2025

House prices see month-on-month uplift The average UK house price stood at £271,000 in March 2025 (latest figures available). This highlights changes in the average house price year on year to March 2025 for each constituent part of the UK, with Northern Ireland continuing to see the largest growth during this period. Sales volumes within…
Read More →
Breaking News

Thoughts from the Property Industry – National Housing Bank

Thoughts from the Property Industry on the creation of a new National Housing Bank to provide finance to developers of many sizes, to build homes. Nathan Emerson, CEO of Propertymark: “On the face of things, the news of the introduction of the National Housing Bank is much welcome and will inject a desperately needed boost…
Read More →
Breaking News

Planning document will make it easier to ‘green’ new developments

Formal approval has been granted for a planning document to make new developments in Nottingham more environmentally-friendly. Senior councillors on the city council’s Executive Board gave the green light to the Reduction of Carbon in New Development Supplementary Planning Document (Carbon SPD) yesterday afternoon (Tuesday 17 June). SPDs add further detail to policies in Nottingham’s…
Read More →
Breaking News

1.8 Million Rental Homes Still Below The Energy Rating 2028 Target, LandlordBuyer Finds

New analysis by property acquisition specialists LandlordBuyer reveals that over 1.8 million privately rented homes in England still fall short of the government’s proposed minimum energy efficiency standard of EPC rating C, with just three years to go before the 2028 compliance deadline. Using the latest data from the MHCLG and EPC Register, LandlordBuyer found that as…
Read More →
Breaking News

ONS House Price Index – April 2025

The average monthly rate of house price growth in April fell to -2.7%. The average annual rate of house price growth in April was up 3.5% As a result, the average UK house price remains at £265,000. Responding to Sales Nathan Emerson, CEO of Propertymark: “The first half of 2025 has proven very different from…
Read More →
Breaking NewsEstate Agent Talk

Property Industry response to latest inflation figures

Matt Smith, Rightmove’s mortgage expert: “As the rate of inflation stays above 3%, the expectation is that the Bank of England is set to act cautiously. Anticipation had risen that we may be in line for multiple Base Rate cuts this year at the peak of tariff uncertainty, but as some of these pressures have…
Read More →