21st Sep 2009 07:00
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Press Release |
21 September 2009 |
Telford Homes Plc
("Telford Homes" or the "Company")
Telford Homes wins two Mail on Sunday British Homes Awards 2009
Telford Homes plc (AIM:TEF), the residential property developer in East London noted for regeneration projects within public sector partnerships, has received two awards at the Mail on Sunday British Homes Awards, held on 17 September 2009 at The London Marriott Hotel.
The Company won the Innovation Award for Building Technology for its development Stadthaus in London, N1, which has strong eco-credentials given the building's pioneering solid timber cellular structure. Telford Homes also won the prestigious Homebuilder of The Year Award, which recognises the Company's commitment to sustainable regeneration, strong architectural design and landscaping, establishing new communities and innovative construction methods.
Andrew Wiseman, Chief Executive Officer of Telford Homes, commented: "These awards are a testament to the work of the whole team; from the design and planning stage, all the way through construction to the sales and marketing efforts. We are delighted to be recognised for the strength of our design skills, as well as our dedication to environmental initiatives. Our focus on the East London area means that we are committed to creating communities through designs that are sensitive to residents' needs and we are pleased that our work is highly regarded."
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For further information:
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Telford Homes Plc |
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Andrew Wiseman, Chief Executive |
Tel: +44 (0) 1992 809 800 |
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Jon Di-Stefano, Financial Director |
www.telfordhomes.plc.uk |
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Shore Capital |
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Pascal Keane |
Tel: +44 (0) 20 7468 7995 |
Media enquiries:
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Abchurch |
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Henry Harrison-Topham / Jack Ballantyne |
Tel: +44 (0) 20 7398 7714 |
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www.abchurch-group.com |
Notes to Editors
Telford Homes is an established house builder focusing on the regeneration of brownfield sites in the East and North London area. The Company's strong public sector partnerships afford it a certain level of security of sales before commencing development. Whilst the majority of every scheme is residential, often some commercial units are required as a condition of the planning consent, which may be used for office space, retail units, or community use.
The Company's successful record of selling properties at an early stage in the development allows greater visibility. Telford Homes has an excellent track record of working with housing associations and has forged many strong relationships, and typically part of every development is sold for affordable housing. The Company's affiliations with housing associations in the area have meant that during this downturn in the open housing market the Company is able to focus more intently on 100% affordable housing schemes, as well as making a greater proportion of current developments affordable housing.
Telford Homes has secured funding of £57 million from the Homes and Communities Agency ("HCA") across four of Telford's own sites and three estate regeneration partnership projects with Eastend Homes. This funding enables the Company to develop affordable housing sites with security of sales already in place.
The Greater London Authority is predicting an increase of 800,000 in London's population over the next ten years, and forecasts that the city will need 30,000 new homes per year throughout this period. This huge pressure on the supply of new homes creates significant demand for Telford's services in this region.
For further information, please see www.telfordhomes.plc.uk
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