Updates

Telford Homes - Reservations remain strong

November 2016

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Ahead of interims on 30 November, Telford reassured the market by saying it continues to have a positive view of prospects for property in the non prime parts of London where it operates and it isn’t revising downwards its expectations following the EU vote. In fact, since the start of September, there have been greater levels of interest and more visitors to the central sales centre resulting in higher reservations.Telford started the current financial year with a forward sold position of over £650m and has secured 95% of open market completions expected for the year to end March.As always, Telford recognises profits on handing over the keys and there were far fewer developments completed in H1 17 than H1 16. Thi ...

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