Record order book for developer as it launches another office
Residential developer, Torsion Homes, has reported a record-breaking £53.3m Gross Development Value (GDV) orderbook, comprising seven schemes, with the first now under construction at Val D’or, Leeds.
In readiness for significant expansion in the North West, Leeds-headquartered Torsion Homes has confirmed the opening of a permanent office in Stockport, Greater Manchester.
Current developments being delivered by the company include: Val D’or, Leeds, (£12m GDV); Scorton, Richmondshire (£2.7m GDV) and Hebden Bridge (£4m GDV).
Ian Worthington, managing director, said: “We are pleased to announce this record pipeline, which reflects our dedication to delivering a broad spectrum of quality developments, from luxury residences to city centre apartments to open market homes in towns and villages to affordable housing for our Registered Provider partners.
Ian Worthington
“This milestone recognises our strong market position and continued growth and reaffirms our commitment to addressing the UK’s housing shortage with speed and efficiency across all outlets.
“Our fully integrated land sourcing, development, construction and sales business model provides prospective homeowners and investors alike with the confidence in our ability to deliver.
“This approach will continue to drive our continued growth into the future.”
The firm adds that it continues to welcomes enquiries from land and property owners looking to develop sites of 10 to 40 plus plots, with or without planning permission.
Dan Spencer, CEO and founder of Torsion Group, added: “We are thrilled to showcase the outstanding work delivered by the Torsion Homes team, led by Ian, in alignment with our strategic growth plan to provide much-needed homes across the regions.
“With its fully integrated business model, Torsion Homes is perfectly positioned for expansion over the next three years in the group’s core locations.”
