Telford Homes sees surge in sales

London focused residential property developer Telford Homes saw a significant rise in first half profit while sales momentum continued as demand for its London property remains strong.

London focused residential property developer Telford Homes saw a significant rise in first half profit while sales momentum continued as demand for its London property remains strong.

In an update ahead of its interim results next month, the east London house builder said it is now 85 per cent sold in terms of the open market homes expected to legally complete in the year to 31 March 2013 and over 50 per cent sold for the year to 31 March 2014.

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