New homes sales up by a third

According to its annual results, the number of new-build properties it sold last year was up 31 per cent compared to 2010.

The figure comes despite ongoing challenges faced by home buyers and the fact that Sequence marketed an almost identical number of new-build properties in 2011 as it did the previous year.

Good news for the new homes market in 2012, Sequence New Homes has also started the year with considerably stronger sales prospects for the year ahead.

Indeed, its pipeline of expected sales at the beginning of the year is 36 per cent higher than it was in January 2011.

It was also recently named 'Best Large Estate Agency' at the Estate Agency of the Year Awards in association with The Sunday Times adding further strength to its prospects for the year ahead.

Ian Bovingdon, Regional New Homes Partner for Sequence, said:

"New homes continue to be popular with home buyers for many reasons including the incentives offered by developers and Government schemes.

"It's clear from our figures last year that pent up demand from buyers is now translating into greater numbers of purchases, fuelled by the aforementioned incentives and improvements in the mortgage market."

Sequence New Homes is expecting further growth in the new homes market in 2012 and is already seeing positive signs from its developer partners.

Ian continues:

"There is certainly a greater appetite from developers to buy land and revive mothballed sites in response to the Government's housing strategy announcements and increased interest from buyers.

"Sequence and its new homes division will be working closely with our developer partners this year to help them make the most of increased market activity.

"As well as our new homes team, Sequence's branches are fully trained and conversant in selling new homes so we will be best placed to advise buyers on the benefits of buying a new property."