Housebuilder Persimmon confirmed 2015 was another booming year for Britain’s property market as price rises and government measures helped boost sales.
The York-based group, which trades as Persimmon Homes, Charles Church and Westbury Partnerships, said there was a 13 per cent year-on-year jump in revenues to reach £2.9 billion, helped by a surge in legal completions over the second half.
Completions rose 8 per cent over the year as a whole, but in the latter six months were 13 per cent higher than the first, at 7,717.
During the year Persimmon also saw its average selling price rising 4.5 per cent to around £199,100. Additionally it starts 2016 with a forward order book of around £1.1bn, 13 per cent ahead of the previous year.
It said 2015 marked “another year of strong growth for the group” and added that it was set for a “substantial” rise in pre-tax profits for the year.