Telford Homes

Last updated
Telford Homes PLC
Type Private
Industry Housebuilding
Founded2000
Key people
Andrew Wiseman (Chairman)
Jonathan Di-Stefano (CEO) [1]
RevenueIncrease2.svg £291.9 million (2017) [2]
Increase2.svg £36.7 million (2017) [2]
Increase2.svg £27.5 million (2017) [2]
Number of employees
248
Parent CBRE Group
Website www.telfordhomes.london
Stratford Central, a Telford Homes development, seen from Westfield Stratford City. Stratford Central from Westfield Stratford City 03.jpg
Stratford Central, a Telford Homes development, seen from Westfield Stratford City.

Telford Homes is a housebuilding company that specialises in developments in non-prime areas of London. [3] [4] [5] [6]

In April 2018 it was reported that Telford Homes was expecting record profits and revenues for the financial year 2017/18 as a result of London’s shortage of housing. [7] [8]

In October 2019 Telford Homes was acquired by CBRE Group's real estate development subsidiary Trammell Crow Company in a £267 million deal. [9]

Related Research Articles

<span class="mw-page-title-main">Public housing</span> Residential properties owned by a government

Public housing is a form of housing tenure in which the property is usually owned by a government authority, either central or local. Although the common goal of public housing is to provide affordable housing, the details, terminology, definitions of poverty, and other criteria for allocation vary within different contexts.

Housing Development Finance Corporation Limited (HDFC) was an Indian private sector mortgage lender based in Mumbai. Apart from being the biggest housing finance company in India, it also had a presence in banking, life and general insurance, asset management, venture capital and deposits through its associate and subsidiary companies.

<span class="mw-page-title-main">Affordability of housing in the United Kingdom</span> Housing affordability in the UK

The affordability of housing in the UK reflects the ability to rent or buy property. There are various ways to determine or estimate housing affordability. One commonly used metric is the median housing affordability ratio; this compares the median price paid for residential property to the median gross annual earnings for full-time workers. According to official government statistics, housing affordability worsened between 2020 and 2021, and since 1997 housing affordability has worsened overall, especially in London. The most affordable local authorities in 2021 were in the North West, Wales, Yorkshire and The Humber, West Midlands and North East.

Bellway plc is a residential property developer and housebuilder based in Newcastle upon Tyne, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Vistry Group, formerly Bovis Homes Group, is a British house-building company based in Kings Hill, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Crest Nicholson</span> Company in Chertsey, United Kingdom

Crest Nicholson is a British housebuilding company based in Weybridge, Surrey. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Berkeley Group Holdings</span> British property developer and house builder

The Berkeley Group Holdings plc is a British property developer and house-builder based in Cobham, England. It is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Redrow plc</span> British housebuilder

Redrow plc is one of the largest British housebuilders with a network of 12 operational divisions across the UK. It is based in Flintshire, Wales and employs 2,300 people. It is listed on the London Stock Exchange and is currently a constituent of the FTSE 250 Index.

Countryside Partnerships plc, formerly Countryside Properties plc, is a UK housebuilding and urban regeneration company, operating mainly in London and the South East of England, but with a presence in the North West of England. Until 2022, it was listed on the London Stock Exchange and was a constituent of the FTSE 250 Index.

<span class="mw-page-title-main">Housing in Hong Kong</span> Overview of housing in Hong Kong

Housing in Hong Kong varies by location and income. More than 7 million people live on about 1,108 km2 (427 mi2) of land in the region, making it one of the densest places in the world.

LendInvest is a non-bank mortgage lender in the UK, and is a property lending and investing platform. As an alternative Fintech lender in the property market, LendInvest provides finance to property professionals and small and medium-sized businesses (SMEs) around the UK. It also makes it possible for individuals, corporates and institutions to invest in secured property loans originated and underwritten by its mortgage team.

Corporate Watch is a research group based in the UK. It describes itself as a "research group that helps people stand up against corporations and capitalism." And as a "not-for-profit co-operative providing critical information on the social and environmental impacts of corporations and capitalism." It was established in 1996.

<span class="mw-page-title-main">Ballymore Group</span> Ireland-based international property development company

Ballymore Group is an Ireland-based international property development company. The majority of the company's employees and business activities are located in the UK.

Keepmoat Homes Ltd is a housebuilding company in the United Kingdom that provides private homes for sale. Its headquarters are in Doncaster.

<span class="mw-page-title-main">Adrian Cheng</span> Hong Kong businessman

Adrian Cheng Chi-kong is a Hong Kong entrepreneur and business executive. He is the CEO and executive vice-chairman of the Hong Kong-listed New World Development, and executive director of jewelry company Chow Tai Fook. He is also the founder of K11, which has a portfolio of commercial, cultural and residential projects. He is the son of property developer Henry Cheng and grandson of Cheng Yu-tung.

The San Francisco Bay Area Renters' Federation (SFBARF) is a political advocacy group formed in response to the present-day San Francisco housing shortage. SFBARF advocates for more housing development, and fewer zoning restrictions on the production of housing. It is one of several formed YIMBY groups in the San Francisco Bay Area.

<span class="mw-page-title-main">California housing shortage</span> Extended and increasing shortage since 1970

Since about 1970, California has been experiencing an extended and increasing housing shortage, such that by 2018, California ranked 49th among the states of the U.S. in terms of housing units per resident. This shortage has been estimated to be 3-4 million housing units as of 2017. Experts say that California needs to double its current rate of housing production to keep up with expected population growth and prevent prices from further increasing, and needs to quadruple the current rate of housing production over the next seven years in order for prices and rents to decline.

<span class="mw-page-title-main">Notting Hill Genesis</span> Large English housing association

Notting Hill Genesis (NHG) is a housing association formed in April 2018 by the merger of Notting Hill Housing and Genesis Housing Association. Notting Hill Genesis’ primary purpose is to work in the community to provide decent and affordable homes for lower-income households.

<span class="mw-page-title-main">Affordable housing by country</span>

Affordable housing is housing that is deemed affordable to those with a median household income as rated by the national government or a local government by a recognized housing affordability index. A general rule is no more than 30% of gross monthly income should be spent on housing, to be considered affordable for the challenges of promoting affordable housing varies by location.

<span class="mw-page-title-main">Affordable housing in Silicon Valley</span>

Silicon Valley, a region located in the southern part of the San Francisco Bay Area, is one of the most expensive regions to live in the United States, and many residents lack access to affordable housing. In 2018, the median home price across the area was $1.18 million, the highest of the 100 largest metro areas in the U.S. The growth of the technology industry in the area, including major companies like Google, Facebook, and Apple, is frequently cited as a major cause of the issue. There have been local efforts to address affordable housing, as well as state measures in response to housing issues across California.

References

  1. "Footy fanatic aiming to take London housebuilder to top of the league". 24 March 2016.
  2. 1 2 3 "Telford Homes Plc - Final Results 2017" (PDF). Telford Homes. Retrieved 14 June 2017.
  3. "Home - Telford Homes".
  4. "DEVELOPER: £600,000 for a flat in London is 'relatively affordable'".
  5. Rankin, Jennifer (28 May 2014). "London property developer Telford Homes sees profits double" via The Guardian.
  6. "Telford Homes profiting from migration".
  7. "Telford Homes anticipating record profits on London shortage" . Financial Times. Retrieved 2018-04-19.
  8. "Telford builds record profits on London housing shortage". BelfastTelegraph.co.uk. ISSN   0307-1235 . Retrieved 2018-04-19.
  9. "Telford takeover completes". The Construction Index. 2 October 2019. Retrieved 20 December 2019.

Commons-logo.svg Media related to Telford Homes at Wikimedia Commons