The volume housebuilder’s legal completions rose 16% to 11,528 last year compared to the previous year. This was driven by a 30% uplift in legal completions in the second half of the year against the first half.
During the year ending December 31 2013, Persimmon’s average selling price rose 4% to £181,861, with an emphasis on larger traditional family houses.
Over the first eight weeks of 2014, the firm has seen a 22% increase in its weekly private sales rate per site against the equivalent period in 2013. Current total forward sales for 2014 are 41% ahead of 2013 at £1,424 million.
Nicholas Wrigley, Persimmon’s group chairman said:
“Persimmon achieved a strong result for the year as we responded quickly to the increased customer demand from improved mortgage lending, the introduction of Help to Buy in April 2013 and the increase in consumer confidence as the UK returned to more meaningful economic growth.”
