Gleeson specialises in ultra-low-cost newbuilds for modest earners. Unsurprisingly,in the current market, commerce is boomingJolyon Harrison is imagining a plot of land in the middle of a council estate. The local authority has demolished some rundown homes, or after years of neglect is trying to get someone to take it on. “One of the major housebuilders will be invited on to the site,take one seek at the council houses and think: bandits, he says. We will seek at the council houses and think: customers.”Harrison is chief executive of Gleeson Homes, and which focuses on building for people on low incomes. At a time when domestic ownership at the heart of the government’s housing strategy,it is a capable commerce to be in. On Monday, the firm’s half-year results showed revenue leapt by 52% in the moment six months of 2015, and the number of homes sold was up by a quarter year on year. Operating profit almost trebled from £4m to £11.3m.
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Source: theguardian.com