One of the North East’s leading property firms will expand its specialist new homes department after welcoming over £90m of new build properties to market this year.
Nicola Osborne joins Bradley Hall as corporate client director following building a successful career at Sanderson Young, Knight Frank, and Grainger PLC. She will also be joined by Kathryn Kent, who has been promoted from her role as branch manager to new homes manager.
Nicola said: “I am delighted to be joining the Bradley Hall team at an exciting time for the firm. The ambitious growth strategy implemented by Neil and fellow directors has ensured that the company has become one of the leading full-service agencies in the region.
“I am proud to introduce my longstanding clients and business contacts to the firm and its expert team. The Bradley Hall service is outstanding, and I look forward to supporting head of land, development and new homes, Jonathan Rudge, and director of estate agency, Matt Hoy, in their ‘field to finish’ approach for developer clients of all sizes.
“It is an exciting time to be part of the region’s new build property development market as we welcome further projects funded by investments from both inside and outside of the region. This activity supports demand for properties further emphasised by the governments long-term target of delivering 300,000 new homes across the UK.”
To meet demand for housing, the number of new homes built in the North East almost doubled between 2010 and 2017. A recent report published by The NHBC Foundation revealed that the Office for National Statistics estimated that £38.4 billion was invested nationally in creating new homes in 2017.
The report also outlined that, according to research for the Home Builders Federation, England and Wales should increase the annual supply of homes by 81,600. This would mean £411 million more net capital expenditure, a £14.2 billion rise in economic output, 260,800 more jobs, £1.1 billion more paid in tax, £384 million more investment in local infrastructure and £2.7 billion household spending on goods and services. Group managing director Neil Hart said; “Nicola is an excellent addition to the Bradley Hall team. Her professional experience will further bolster the growth of our dedicated new homes division as we move closer to becoming the market leader in our field. “Kathryn has been an integral member of the Bradley Hall team and has proven to be a great branch manager who has provided an outstanding service to our clients. She will now apply her regional knowledge and experience to a new role within the specialist new homes team.”