Record profits for property company

Belper-based Peveril Homes has reported its most successful year in business, with a 50 per cent rise in completions and a 20 per cent increase in profits.

The Green Lane firm said it has gone from building 20 units per annum to more than 200, at its peak during the last 25 years.

The business has also diversified, as it now has its own lettings portfolio and development agreements with housing associations.

Technical director, Colin Wright, said: “We’re entering an exciting period in Peveril’s history, especially with our forthcoming projects and we have a really good team on board, including two LABC award-winning site managers, so our future looks bright.”

The number of agreed house sales rose by 9.2 per cent during October.