HOPKINS HOMES POSITIVELY ENCOURAGED BY STRONG FIRST QUARTER SALES

Signs the property market might be improving. Recent market reports are showing that it’s not all ‘doom and gloom’ for the property sector; Mortgage lending increased in March 2009 by 16%*, house prices increased by 0.9%** and house buying reached its highest level since May 2008***
This is echoed with an exceptional first quarter performance by East Anglia’s award winning developer Hopkins Homes. The company has achieved double the number of sales agreed in the first three months of the year compared to the total sales agreed across the previous three quarters making a great start to 2009.
James Hopkins, Executive Chairman, Hopkins Homes, comments: “The strength of sales we are seeing across all our developments throughout East Anglia is an encouraging sign of an upturn in the market.  We remain committed to our core principles of building high quality, craftsman finished homes and feel confident this will continue to be key to our success.”
Richard Aldous, Head of New Homes, Eastern Region Savills comments: “From our own sales statistics and market research the indications are that the property market is showing an upward movement in the number of transactions taking place since the beginning of the year within the Eastern Region. We feel confident that this will continue as long as the market is supplied with good quality, well built homes in sought after locations”.
Hopkins Homes create properties with character and individuality that are influenced by the architectural vernacular of the surrounding area. Recently launched developments include the refurbished mansion at Melton Grange, Woodbridge which has been restored to its former glory as six exclusive apartments and the conversion of St. Michael’s Hospital, Aylsham into apartments and 3, 4 and 5 bedroom houses.
Hopkins Homes are currently developing throughout various locations across East Anglia, for further information please visit www.hopkinshomes.co.uk.
 
*CML
**Nationwide
***Nationwide
ENDS
 For further press information please contact Maria Fernandes, 01394 446921
email: maria.fernandes@hopkinshomes.co.uk