A director at Alnwick-based housing firm Cussins says only a lack of available land is constraining growth at the firm.
Peter Cussins says the family-run business has benefited from buyers seeking rural homes on the back of the pandemic, plus a wave of people from the South wanting to escape overheated urban areas. The firm's latest accounts to the end of September 2022 - showing a 14% increase in turnover to £31.8m and operating profit of £4.2m - come in stark contrast to larger, volume housebuilders who have given a series of more downbeat updates in recent weeks in the wake of economic uncertainty and mortgage rate rises.
Speaking to BusinessLive, Mr Cussins said: "I think the secret to us effectively doing better is that we've concentrated successfully on getting rural developments around the edges of villages. Since Covid, the average purchaser feels that they'd rather be in a village community rather than a town.
