Miller on course for 4,000 homes by 2021

Aaron Morby 5 years ago
Share

Edinburgh-based Miller Homes is set to open a new office in the north of England before the end of the year as it pushes for further growth in completions.

Chris Endsor, chief executive, expands offering in England
Chris Endsor, chief executive, expands offering in England

The new Teesside office aims to grow by 400 units a year over the next three years.  It follows the West Midlands region which was opened 18 months ago.

Further expansion plans were set out as the private house builder announced a 13% increase in completions to 1,684 homes in the first half of this year.

It also said that interim pre-tax profit had jumped a fifth to £55m while operating margin remained stable at 20%.

Miller said forward sales were up 7% on last time to a record £368m.

Chris Endsor, chief executive, said the house builder was on track to achieve its targeted 4,000 homes by 2021.

“Customer demand has remained strong set against a backdrop of competitive mortgage rates but just as importantly an overwhelming need for many of our customers to acquire a new home.

As a further sign of our confidence in our regional markets, we invested significantly in land in the period, acquiring 12 sites at a cost of £94m.

“Our new Teesside region will be launched in the second half of this year, becoming fully operational from the start of 2020.”

Latest news

Expanding consultant Stantec swoops for Hydrock

Stantec UK business expands by a third as 950 staff join from Bristol-based engineer
12 hours ago

National Grid unveils winners for £9bn network upgrade

New 'enterprise model' to deliver infrastructure schemes quicker and cheaper
14 hours ago

Chigwell Group looks at stock market listing

Essex contractor registers as Public Limited Company
20 hours ago

A57 Mottram Bypass clears final legal challenge

Balfour Beatty to get go-ahead to start shortly
21 hours ago

100 jobs axed as Geoffrey Osborne confirms administration

Chairman Andrew Osborne calls it a 'sad day' as board loses fight for survival
2 days ago

Midgard set for Notting Hill office tower overhaul

Landmark project edges towards final approval after 10-year planning saga
20 hours ago

Cumbrian civils firm clinches £40m Sellafield contract

Civils specialist Stobbarts will support McAlpine on groundworks and concrete
19 hours ago

Designers named for London 2000-bed student rooms job

Bouygues will build £400m London School of Economics student scheme next to Tate Modern
20 hours ago

£117m-turnover contractor files administration notice

ARJ Construction lodges court notice
2 days ago

£1bn London Blackfriars tower blocks approved

Trio of buildings rising to 45, 40 and 22 storeys approved by Southwark Council
2 days ago

Council decides to end Balfour deal after 13 years

Contractor has been maintaining roads across Herefordshire since 2013
2 days ago

Six civils clients to switch to low carbon concrete and steel

National Highways, Northumbrian Water and Sellafield sign fresh decarbonising pledge
3 days ago

Fortem extends homes repair deal across Birmingham

Willmott Dixon owned firm adds another two years to deal worth £170m
2 days ago

Kier wins £118m civil service Darlington hub

Work is expected to start towards the end of this year
3 days ago

Green light for 34-storey Digbeth apartments tower

480 flats will be delivered for Clarion housing association
2 days ago

LHC starts race for major retrofit and decarb framework

Hunt starts for firms to help with 6.1m social homes upgrade target
3 days ago

Windows giant Everest crashes into administration

Around 350 jobs at risk while hunt starts for a buyer to salvage business
3 days ago

Green light for £500m Newcastle health complex

Mixed use scheme will promote healthy living across all stages of life
3 days ago

Olympian Homes gets go-ahead for Bristol’s tallest building

Work on student and co-living towers to start this summer
3 days ago

ISG gets nod to start £20m Glamorgan school job

Ysgol y Deri specialist needs school is to built at Cosmeston, near Penarth
3 days ago

Walker Modular lands £5m bathroom pod contract

Specialist to work with Graham and Watkin Jones on major build-to-rent scheme

Banned building boss jailed for fraud

Court hears how disqualified director siphoned off cash from new housing company
3 days ago

Osborne staff start looking for new jobs

"Open to Work" flags appear on LinkedIn profiles
6 days ago

Plan rejected for 42-storey tower above historic building

Councillor describes as ludicrous plan to build 300 flats above Georgian mansion
6 days ago

Ventilation deal could hike product prices for contractors

Watchdogs at CMA launch probe after duct firm acquires rival
6 days ago

Tide gets go-ahead for London 412 student flats scheme

Volumetric developer secures planning for West Ealing project
6 days ago

Green light for £75m Friar Gate Goods Yard in Derby

Construction set to start this summer on revamp of historic buildings
6 days ago

Robertson to deliver £45m Newcastle NHS Trust works

Capital works will be focused on Freeman Hospital and the Royal Victoria Infirmary sites
6 days ago

Winners named for £2bn Healthy Homes framework

CHIC reveals line-up of over 40 firms for net zero and building safety works
6 days ago

Plan lodged for tallest skyscraper outside London

Developer Salboy submits plan for 76-storey Manchester resi tower
7 days ago

Contractor services