Housing veteran bids to turn Inland Homes around

Grant Prior 9 months ago
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Veteran house builder Jolyon Harrison has been appointed as CEO at cash-strapped Inland Homes in a bid to turn the business around.

Harrison. 75, has over 50 years experience in the industry and was a former CEO of MJ Gleeson which he joined in 2009 and left suddenly in 2019 following a row over pay and his succession.

He is currently the majority shareholder in  NorthCountry Homes Ltd which Inland will now be acquiring for £4m.

The move will also see Inland Pivot from its traditional market in the South and South East of England and focus on new developments in the North.

Inland has delayed publishing its latest results for the year to September 2022 while a series of accountants go through transactions in the books and losses are expected to hit £91m.

Harrison is also planning to bring in a new executive team to run the business.

He said: “I am delighted to be joining Inland as CEO.  Inland has a valuable consented land bank in the South and South East of England and has a number of similarities with where I was in 2009.  

“We will be expanding the low cost homes business model of NorthCountry in the North of England, based in Wakefield, taking advantage of low Northern land values and developing the Inland brownfield and strategic land business in the South where land values are high, as well as completing Inland’s existing construction commitments.  

“In due course it is proposed to rebrand the business to reflect its focus on housebuilding in the north of England.  

“The Group will remain headquartered in Beaconsfield, Buckinghamshire for the foreseeable future.  I look forward to the Inland team helping me to turn the business round which will take a while, but we are looking forward to a profitable future.”

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