Housing veteran bids to turn Inland Homes around

Grant Prior 10 months ago
Share

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.”

Latest news

Plant bosses blast “inflexible” police over road bans

Officers spotted outside sites and depots monitoring movements of large kit
1 day ago

Construction recovery rained-off in first quarter

Sharp rise in commercial orders offers hope for Summer recovery
2 days ago

Skanska tops April contract wins ranking

London office and data centre projects lift Skanska
2 days ago

Modular builder TopHat managing director departs

Andrew Shepherd leaves Goldman-Sachs backed volumetric business
2 days ago

Balfour wins major Rolls-Royce Derby campus expansion

Masterplan involving 14 building projects will take eight years to complete
2 days ago

Graham nets £60m stands revamp at Lord’s

Construction to start this summer at the home of cricket
3 days ago

Contractors face mental health quiz to win work

Prequalification specialist pushing for mental health questions in assessments
2 days ago

Building boss banned for covid loan abuse

Latest investigation into £50,000 Bounce Back Loan
2 days ago

Ready mix concrete giant files administration notice

Mixit Concrete Limited lodges court notice
3 days ago

Dual student towers plan for Birmingham Gun Quarter

Sama Investments goes to public consultation on 50-storey scheme
3 days ago

15 win £3.5bn Eastern Route Partnership railway deal

Amco, BAM, Morgan Sindall and Story among winners on Eastern Routes Partnership
3 days ago

Expanding Caddick Group tops £500m turnover

Construction drives revenue growth and returns to profit
3 days ago

Structure Tone returns to profit

Contractor confident about prospects in London fit out and refurb market
3 days ago

33 firms secure spots on £3.6bn Northumbrian Water framework

Applebridge, Galliford, Esh and Keltbray may
3 days ago

Construction boss in court over dodgy van deals

Suspended jail sentence after court hears how millions in unexplained payments went through Leeds contractor
3 days ago

Development firm fails hitting London building team for £2.6m

Luxury flats builder Ant Yapi was contracted to redevelop Westminster Tower site
4 days ago

Government set to fund £1bn final HS2 London tunnel drive

Final tunnel drive to be taxpayer funded upfront with cash recouped later
4 days ago

Amazon fires up Big-Box market with £500m job

Next generation triple floor super-shed to be built near Northampton
4 days ago

Stricken road sweeper specialist rescued

Parts of hire specialist Go Plant bought out of administration by Sweeptech
4 days ago

Costain highways lead joins Buro Happold

Paula Gough appointed to UK Development Director for Infrastructure
4 days ago

G&H Group lands £20m+ M&E package from JJ Rhatigan

100-strong specialist team to start on West London site next week
4 days ago

Bidding open for £800m professional services deal

Procure Partnerships encourages SMEs to bid with 9 regional lots
4 days ago

Construction buyers see fastest growth for 14 months

Commercial building work leads the way in April
5 days ago

Go Modular Technologies files administration notice

Southampton bespoke volumetric specialist employs around 60 staff
5 days ago

Cladding firm went down owing supply chain £7.7m

Debts revealed at Everton stadium cladding contractor Alucraft Systems Ltd
5 days ago

Rydon dogged by legacy fire safety remediation costs

£19m spent on fire safety remediation work to date
5 days ago

Carpenter killed by falling timber frame panels

Court fines specialist contractor £8,000 after site tragedy
1 week ago

Trio of builders win King’s Award for sustainability

Henry Brothers, Willmott Dixon and ZED Pods recognised for sustainability
5 days ago

Kent police seize huge haul of stolen site tools

Hunt for power drill fitted with tracker busts tool theft ring
5 days ago

Robertson names new Northern construction chiefs

Ian Phillips promoted and Ricky Brown joins from Morgan Sindall
5 days ago

Contractor services