Huge Boom in Demand for New Homes

Sheldon Bosley Knight (SBK) Daniel Jackson Marcus Faulkner, Oliver Knight

(Left to right) Daniel Jackson, Director and Planning Specialist, Marcus Faulkner, Director of Strategic Land and Oliver Knight, Managing Director, New Homes.

One year on from our merger with Knight & Rennie, is reporting a huge boom in the demand for new homes across the area, accounting for half of all agreed sales.

During the summer of 2016 Sheldon Bosley and Knight & Rennie joined forces to form Sheldon Bosley Knight () and lead the booming new homes market.

Fast-forward to the summer of 2017 and that boom is bigger still.

Government figures just released show English house building to be at its highest level for more than a decade. In 2016/2017 162,880 homes were started, with 147,960 completed; new homes more critical than ever to a property market that has long been warning of a severe lack of available housing stock.

Across Warwickshire and the Cotswolds, the demand is clear with new homes counting for 50% of all property sales at in June this year.

Oliver Knight, Managing Director for SBK New Homes, said  “It is clear the lack of stock in the ‘second hand’ market is being met by the strong supply of new homes.  Add to that the incentives offered by developers like, stamp duty paid, part exchange, shared ownership and many more it’s easy to see why so many people are opting for new homes. Increasingly buyers will look to new homes for an easy way out of their home and into a hassle-free brand-new property.

currently has 15 new home sites available across the area, ranging from 49 exclusive retirement properties in Warwick for example, to a development of just nine executive homes in Shipston-on-Stour.

New homes coming to market later this summer include a development of 16 properties in Long Marston, 34 homes at Lioncourt in Newbold-on-Stour, and three high-spec barn conversions in Balsall Common.

SBK’s first year has been a huge success,” Mr Knight added. “What was lacking – and what we have answered the need for – is one company combining land and planning expertise with a very strong track record in new homes marketing and sales.” 

“As a team we offer a truly holistic package of services on any site from conception to completion,”

“That’s what stands us apart; the fact our expert team can manage some of – or all of – the process, from the landowner looking to sell right through to the first-time buyer picking up a brochure.

For more information please go to www.sheldonbosleyknight.co.uk or call 01789 299350.

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