Linden Homes North eyes growth

Linden Homes North is optimistic about the New Year, and has plans for further growth into and around the Yorkshire region.

The company wants to build on recent sales success and develop more new homes in Yorkshire, where some of the cheapest homes in the UK are situated, presenting first-time buyers with a greater opportunity to gain a foot on the property ladder.

The latest Halifax House Price Index shows that the average price of a home in Yorkshire and the Humber is £120,757, which is significantly below the UK average of £163,154.

Sales director of Linden Homes North, Steve Woomble, said: "Sales have held up well in the past few months and we will be entering the New Year with cautious optimism. Our existing developments have experienced steady sales during the last quarter - assisted by the range of attractive incentives we continue to offer.

Properties in Yorkshire are also appealing to more buy-to-let investors, thanks to some of the high rental yields potentially achievable.

Yorkshire and Humber offers the second highest annual rental return in the country at 6.45% a year, according to buy-to-let mortgage specialist Paragon.

Woomble added: "Linden Homes North will be moving into exciting new areas during 2012, and our plans for geographical expansion are well under way. We will be also be strengthening the sales teams at our new outlets, indicating our faith in the market."