Locked-down buyers are snapping up new homes according to one housing developer
The developer behind a new scheme in Preston says life in lockdown has spared a 40 per cent increase in new home sales.
Redrow says buyers have been snapping up properties at Tabley Green, off Lightfoot Lane, Fulwood, with almost 40 per cent more homes sold since the initial lockdown was lifted in June than during the same period in 2019.
It follows the publication of PWC’s Good Growth for Cities guide, which showed cities in the North West perform well in providing a good work-life balance, house prices compared with earnings, and employment opportunities – with Preston top of the list.
Sian Pitt, Redrow Lancashire sales director, said: “It’s clear to see why Preston has such a pulling factor for buyers and outperforms many other North West cities in areas such as the availability of jobs, economic wellbeing and a positive work-life balance.
“The city is easily accessible from a number of major motorway networks, so it’s easy to connect with the wider area and trains from Preston station take you to places such as Manchester, Liverpool, London, the Lake District and Edinburgh.
“Preston also has a great shopping offer with two major shopping centres plus plenty to do leisure-wise so everyone is happy.
“Homes at Tabley Green have had a great uptake since we emerged from the first lockdown and buyers are now looking for more suitable homes after being forced to spend more time at home for almost a year.
“Buyers don’t just need more space inside, they are also looking for larger gardens and want to be close to green open space and local shops for essentials.”