Bourne homes developer lays out new path to expansion

A house builder has launched an ambitious push for growth.

Friday, 25th September 2020, 1:27 pm
John Anderson, the new chief executive of Larkfleet Group.

The Larkfleet Group, based in Bourne, has unveiled an action plan that aims to triple the size of the business in five years.

It has announced a new partnership with affordable housing scheme, Home Reach.

It aims to double sales in a year and expand into a premier, customer-focused nationwide home builder.

Sign up to our daily newsletter

The i newsletter cut through the noise

Larkfleet Group chairman Karl Hick.

The plans, accompanied by new branding and websites, have been unveiled by its new chief executive John Anderson, who has taken over from founder Karl Hick, who is now group chairman.

Mr Anderson said: “We’ve already seen positive steps towards the group’s ambitions, with reservations for houses in July and August this year up by 103 per cent and 95 per cent respectively, compared with last year’s figures.

“This is despite the impact covid-19 has had on the house building industry and wider national and global economy.”

The partnership with Home Reach will give house buyers the chance to buy a percentage of a Larkfleet home and then pay a low monthly rent on the part they do not own; making it easier for them to get on the housing ladder.

Mr Anderson said: “Covid-19 has had an unprecedented impact on our nation’s economy and now, more than ever, those people who want to get on the housing ladder might need a helping hand.

“Partnering with Home Reach is a sign of our intent to be that helping hand – making home ownership a reality for people and families across the country. We also have our eyes on emerging markets in sustainable energy and housebuilding innovation.”