{"id":12264,"date":"2018-02-26T16:15:26","date_gmt":"2018-02-26T16:15:26","guid":{"rendered":"https:\/\/www.buyassociation.co.uk\/?p=12264"},"modified":"2023-10-06T11:21:58","modified_gmt":"2023-10-06T10:21:58","slug":"uk-leading-developer-barratt-makes-a-move-eastward-to-cambridgeshire","status":"publish","type":"post","link":"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/02\/26\/uk-leading-developer-barratt-makes-a-move-eastward-to-cambridgeshire\/","title":{"rendered":"UK-leading developer Barratt makes a move eastward to Cambridgeshire"},"content":{"rendered":"<p><strong>A challenging property market across central London and the south-east has seen leading developers Barratt move eastward, launching a new division in Cambridgeshire in February 2018.<\/strong><\/p>\n<p>The government\u2019s 2013 Help to Buy scheme has had a positive impact for <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/01\/25\/opportune-time-for-first-time-buyers-with-small-deposits\/\">first-time buyers<\/a> in the east of England with mortgage lending figures reaching a high across the region, according to the Office for National Statistics (ONS). Barratt hopes to benefit from this trend, aiming to scale down its housing range and raise the amount of <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/02\/15\/modular-homes-extensions-boost-uk-housing-stock\/\">offsite construction<\/a> to bring down labour costs and maximise margins.<\/p>\n<p>Established Cambridge-based developer Enterprise Property Group (EPGL) is seeing a sharp increase in first-time buyers, who have been able to use the scheme to get onto the <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2017\/11\/24\/get-on-property-ladder-for-25000-eco-friendly\/\">housing ladder<\/a>.<\/p>\n<div id=\"attachment_12266\" style=\"width: 160px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-12266\" class=\"wp-image-12266 size-thumbnail lazyload\" data-src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-content\/uploads\/sites\/2\/2018\/02\/Sophie-Schofield-EPGL-150x150.jpg\" alt=\"Sophie Schofield, EPGL\" width=\"150\" height=\"150\" title=\"\" src=\"data:image\/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==\" style=\"--smush-placeholder-width: 150px; --smush-placeholder-aspect-ratio: 150\/150;\"><noscript><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-12266\" class=\"wp-image-12266 size-thumbnail\" src=\"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-content\/uploads\/sites\/2\/2018\/02\/Sophie-Schofield-EPGL-150x150.jpg\" alt=\"Sophie Schofield, EPGL\" width=\"150\" height=\"150\" title=\"\"><\/noscript><p id=\"caption-attachment-12266\" class=\"wp-caption-text\">Sophie Schofield<\/p><\/div>\n<p>Sophie Schofield, sales and marketing manager at EPGL, says: &#8220;I\u2019m\u00a0not surprised at Barratt\u2019s decision to move into the area. Cambridgeshire\u2019s housing market is one of the strongest in the UK with prices and demand outstripping many other areas of the country.&#8221;<\/p>\n<p>&#8220;So far this year, the general mood of the property market in our <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/01\/04\/revealed-uk-top-performing-cities-biggest-improvers\/\">eastern region<\/a> has been very buoyant. With the growth in bio-medical and science parks in the region and large businesses such as <em>AstraZeneca<\/em> and <em>Amazon <\/em>relocating here, demand for more new homes is constantly increasing.<\/p>\n<blockquote><p>&#8220;The new Cambridge North station, which runs into London\u2019s Kings Cross, has also boosted local property prices, helping to encourage commuters to look to move into the region. We have some major schemes due for completion soon and some <a href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/01\/26\/housebuilders-had-stellar-2017-competition-land-hotting-up\/\">good land and site acquisitions<\/a> in the pipeline.&#8221;<\/p><\/blockquote>\n<p>Barratt is hot on the acquisition trail. In the second half of 2017, the developer almost doubled the value of land purchased to \u00a3641m compared to \u00a3328m, according to ONS data. Barratt said: &#8220;Exceptional land opportunities had accounted for the higher than historic levels and underpinned volume growth aspirations.&#8221;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A challenging property market across central London and the south-east has seen leading developers Barratt move eastward, launching a new division in Cambridgeshire in February 2018. The government\u2019s 2013 Help to Buy scheme has had a positive impact for first-time buyers in the east of England with mortgage lending figures reaching a high across the<a class=\"excerpt-read-more\" href=\"https:\/\/www.buyassociationgroup.com\/en-gb\/2018\/02\/26\/uk-leading-developer-barratt-makes-a-move-eastward-to-cambridgeshire\/\" title=\"ReadUK-leading developer Barratt makes a move eastward to Cambridgeshire\">&#8230; Read more &raquo;<\/a><\/p>\n","protected":false},"author":217,"featured_media":12270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[8,6],"tags":[20,341],"acf":[],"_links":{"self":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/12264"}],"collection":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/users\/217"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/comments?post=12264"}],"version-history":[{"count":1,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/12264\/revisions"}],"predecessor-version":[{"id":6097125,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/posts\/12264\/revisions\/6097125"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media\/12270"}],"wp:attachment":[{"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/media?parent=12264"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/categories?post=12264"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyassociationgroup.com\/en-gb\/wp-json\/wp\/v2\/tags?post=12264"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}