DCSIMG

Sunderland sees boom in new housing

MORE houses are being built in Sunderland – but for fewer people.

The boss of one of the North East’s leading house builders says his teams are having to work around the clock – and recruit more people – to try and keep up with demand across the region.

John Eynon, managing director of Persimmon Homes North East, said sales of the firm’s homes are up almost 40 per cent year-on-year – meaning good news for would-be home owners and jobs in the region.

And he credited the Government’s much-debated Help to Buy scheme with helping people in the North East take their next step on the property ladder.

He said: “In our region, Help to Buy is providing a welcome support to people who have struggled to get finance for a home in recent years and we’re extremely pleased this scheme is set to continue, with the Government recently announcing an extension from March 2016 to March 
2020.

“Locally, the business has increased its build rate and we look forward to further development launches in Hetton, Bedlington, Amble, Arcot and Blyth.”

Elsewhere, the North East-headquartered house builder Bellway said it plans to increase the numbers of houses it builds by 20 per cent, having posted record first-half revenues and pre-tax profits of more than £100m.

In Sunderland and South Tyneside the number of houses has increased while the number of people living locally has fallen.

In South Tyneside that means while the population is down by 2,346 to 148,428, the number of houses has increased by 2,350.

And Sunderland has seen an even bigger gap, losing 5,967 people – more than 2.1 per cent of its total – but gaining 3,710 homes.

 

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